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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TC ENERGY CORP. $55 is a buy. The company (Toronto symbol TRP; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 939.0 million; Market cap: $51.6 billion; Price-to-sales ratio: 4.0; Dividend yield: 5.9%; TSINetwork Rating: Above Average; www.tcenergy.com) is now soliciting bids from oil producers for an additional 80,000 barrels a day on its Keystone pipeline, which pumps crude from Alberta to Illinois....
Canada’s Big Five banks are setting aside fewer funds for future bad loans. That reflects government COVID-19 support programs to the those directly hurt by lockdowns.


In response to the pandemic, banking regulators forced banks to suspend share buybacks and freeze their dividends....
Here’s an excerpt from a recent issue of Advice for Inner Circle Pro Members:


“Early in my investment career, I developed a keen interest in what we called “investor rules of thumb.” Here are some random examples:


“Stocks trading at a P/E ratio of 10 times per-share earnings or less are good buys.”


“As January goes, so goes the year.” In other words, if the stock market goes up in January, it will probably have a gain for the year, as a whole.


“When a stock rises and its volume of trading expands as well, it’s likely to keep rising.”


The downfall of all market indicators is that they entice you into basing a decision on a narrow range of information....
For 2021, we have singled out three stocks as #1 buys for you, one from each of our portfolios—Conservative, Aggressive and Income.


All three are in a strong position to weather the current wave of COVID-19. Each is also poised for solid gains as new vaccines help kick-start global economic growth.


CANADIAN PACIFIC RAILWAY LTD....
A lot can change in 20 years.

As long-time readers may recall, we launched our Wall Street Stock Forecaster around 20 years ago. It got a good reception from our clients and investors (and it’s still going strong today). However, I recall one cancellation email that we received in late 2002, about a year after 9/11....
A: A stock that is a “Buy” or “Still a Buy” is one that we recommend as a “Buy.” But we might use the term “Still a Buy” if, perhaps, the stock fell in price, or had some negative news, and we wanted to reaffirm our recommendation in the face of those developments.

To address your other question, rather than aiming to set up a TFSA as a separate portfolio, we think your best approach is to treat all your holdings—regardless of what account they are in—as if they were all in a single account....
A: J.M. Smucker Co., $117.13, symbol SJM on New York symbol (Shares outstanding: 114.1 million; Market cap: $13.2 billion; www.jmsmucker.com), is the largest maker of jams, jellies and peanut butter in the U.S....
TRANSALTA RENEWABLES, $22.00, is a buy. The company (Toronto symbol RNW; Shares outstanding: 267.0 million; Market cap: $5.5 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.3%; www.transaltarenewables.com) continues to jump to new all-time highs for our subscribers—they’re now up a whopping 50.8% since we first recommended them in our July 2020 issue at $14.59.


Meanwhile, TransAlta keeps expanding....
TELUS, $25.55, is a buy. The company (Toronto symbol T; Shares outstanding: 1.3 billion; Market cap: $32.8 billion; TSINetwork Rating: Above Average; Dividend yield: 4.9%; www.telus.com) continues to roll out its new 5G (fifth-generation) wireless networks....
Most of Pembina’s pipelines operate under long-term contracts, with Innergex’s renewable energy projects also selling their power under long-term government-guaranteed agreements. That helps lower risk for both firms in today’s uncertain economy. Meanwhile, their investors tap sustainable yields....