dividend

A dividend is a cash payout that serves as a way for companies to share the profits they’ve accumulated through their operations. These payouts are drawn from earnings and cash flow paid to the shareholders of the company. Commonly these dividends are paid quarterly, although they may also be paid annually or even monthly as well. A dividend can produce as much as a quarter of your total return over long periods. Some good companies reinvest profits instead of paying a dividend. But fraudulent and failing companies hardly ever pay a dividend. So if you only buy stocks that pay dividends, you’ll automatically stay out of almost all the market’s worst stocks. For a true measure of stability, focus on companies that have maintained or raised their dividends during recessions and stock market downturns. These firms leave themselves enough room to handle periods of earnings volatility. By continually rewarding investors, and retaining enough cash to finance their businesses, they provide an attractive mix of safety, income and growth. Dividends are an important contributor to your long-term gains, and dividend-paying stocks tend to expose you to less risk than non-dividend-payers. That’s why the majority of your stocks should be dividend-payers at all times. As you get older and closer to retirement, you should raise the proportion of dividend-paying stocks in your portfolio, to cut risk and improve the stability of your investment results. To maximize your investment returns with the least risk, follow TSI Network and use our three-part Successful Investor strategy:

  1. Invest mainly in well-established companies;
  2. Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; Utilities);
  3. Downplay or avoid stocks in the broker/media limelight.

Discover how to put an extra strength in your portfolio with our specific advice on how to identify high-quality dividend stocks. It’s all in our newly updated report, Dividend Paying Stocks: How High Dividend Stocks Can Supercharge Your Income Investing. And it’s yours FREE!

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The top Canadian companies to invest in are mainly blue chip stocks with a proven history of success. Learn what to look for in these stocks now.
The best Canadian companies to invest in will include blue chips, value stocks and growth stocks—and you can use these tips to spot the best of them
BANK OF MONTREAL, $122.61, Toronto symbol BMO, remains a buy.

With the February 2023 payment, Bank of Montreal will raise your quarterly dividend by 2.9%, to $1.43 a share from $1.39. The new annual rate of $5.72 yields a high 4.7%.

In December 2021, the bank agreed to acquire California-based Bank of the West from France’s BNP Paribas for $16.3 billion U.S.

Bank of the West provides a variety of retail and commercial banking services to over 1.8 million customers through 514 branches in 24 states, mainly in the Western and Midwestern regions of the U.S....
FEDEX CORP., $176.54, New York symbol FDX, remains a buy for your long-term gains.

The company delivers packages in the U.S. and 220 other countries.

In its fiscal 2023 second quarter, ended November 30, 2022, FedEx’s revenue declined 2.8%, to $22.81 billion from $23.47 billion a year earlier....
IMPERIAL OIL LTD., $65.26, Toronto symbol IMO, is a buy.

This company gets about 90% of its production from oil sands operations in Alberta. Imperial also has conventional oil and natural gas operations in the West and holds stakes in offshore projects in Atlantic Canada.

Its other operations include three refineries (one in Alberta, two in Ontario) and a petrochemical plant in Sarnia, Ontario.

Imperial plans to spend $1.7 billion on capital upgrades and exploration in 2023....
CALIAN GROUP LTD. $66 is a buy. The company (Toronto symbol CGY; High-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 11.4 million; Market cap: $752.4 million; Dividend yield: 1.7%; Dividend Sustainability Rating: Above Average; www.calian.com) provides business services to the healthcare, defence, security, aerospace, engineering, agriculture and technology industries.


Calian pays a quarterly dividend of $0.28 a share; the annual rate of $1.12 yields 1.7%....
Shares of Verizon are down 28% in the past year, mainly due to concerns that rising inflation and interest rates are making it harder to sign up new subscribers. However, the company’s new 5G systems should help it win new customers. A new cost-cutting plan will also support its dividend.


VERIZON COMMUNICATIONS INC....
SAPUTO INC. $33 is still a hold. The dairy producer (Toronto symbol SAP; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 418.1 million; Market cap: $13.8 billion; Dividend yield: 2.2%; Dividend Sustainability Rating: Above Average; www.saputo.com) last raised its quarterly dividend by 2.9% with the September 2021 payment....
AT&T INC. $18 is a buy. The telecom giant (New York symbol T; Income-Growth Portfolio, Utilities sector; Shares outstanding: 7.2 billion; Market cap: $129.6 billion; Dividend yield: 6.2%; Dividend Sustainability Rating: Above Average; www.att.com) merged its WarnerMedia business with Discovery Inc....
GEN DIGITAL INC. $22 is a buy. The company (Nasdaq symbol GEN; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 581.3 million; Market cap: $12.8 billion; Dividend yield: 2.3%; Dividend Sustainability Rating: Average; www.gendigital.com) changed its name from NortonLifeLock (old symbol NLOK) following its September 2022 acquisition of European cybersecurity firm Avast plc for $8.1 billion....