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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SUNCOR ENERGY INC. $40 is still a buy. The company (Toronto symbol SU; Resources sector; Shares outstanding: 1.44 billion; Market cap: $57.6 billion; Dividend yield: 4.7%; Takeover Target Rating: Medium; www.suncor.com) is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands....
On May 22, 2019, apparel maker VF Corp. spun off its Lee and Wrangler jeans business as a separately traded company called Kontoor Brands. Investors received one share in Kontoor for every seven VF shares they held. So far, the split has produced mixed results: VF is down 45%, but Kontoor is up 19%.


Even so, we feel both stocks are poised to move higher in the next few years, particularly as shoppers return to retail stores following COVID-19 lockdowns....
Finding undervalued growth stocks for your portfolio is easier if you follow these tips—including spotting spinoffs and tech shares to invest in
Our best investment advice for investors who want to be successful in the market is to use sound judgment and seek dividend-paying stocks
Visa has been a terrific performer for you since we first recommended the stock at $19 (adjusted for share splits) in the December 2010 issue of our Wall Street Stock Forecaster.

The company first sold its stock to the public at $11 a share in March 2008. We held off recommending it at that time, as the best way to cut the risk of investing in initial public offerings is to wait till after the next market slump and/or recession comes along....
IMPERIAL OIL LTD., $57.49, Toronto symbol IMO, is a buy.

This company gets about 60% 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 projects off the coast of Atlantic Canada.

Imperial’s other operations include three refineries (one in Alberta, two in Ontario) and a petrochemical plant in Sarnia, Ontario....
3M COMPANY, $128.72, New York symbol MMM, remains a buy for long-term gains.

The company makes over 60,000 consumer and industrial goods, including air purifiers, adhesives, bandages and components for medical devices. Investors tap its main brands, including Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.

3M has agreed to pay 571 million euros (about $582 million U.S.) to clean up the release of polyfluoroalkyl substances (PFAS) from its operations in Belgium....
OVINTIV INC., $55.74, Toronto symbol OVV, is a buy for long-term gains.

In 2020, Ovintiv became a U.S. company and changed its name from Encana Corp. (old symbol ECA). At the same time, investors received one share of Ovintiv for every five Encana shares they held....

SHAWCOR LTD. $5.21 (www.shawcor.com) remains a buy. The company makes sealants and coatings that keep oil and gas pipelines from rusting. It also manufactures industrial products, such as electrical wire and protective sheaths, as well as fiberglass-reinforced plastic underground tanks to store fuel and wastewater....
Thomson Reuters has held up well during the current downturn—the stock is up 10% in the past year compared to the 8% decline for the S&P/TSX Composite Index. That’s partly because it’s using the proceeds from the sale of its financial information business (Refinitiv) to raise its dividend and buy back shares....