Dividend Stocks

Dividends can produce as much as a third of your total return over long periods, and you can even retire on dividends.

There are 4 key stock dividend dates that are involved with dividend payments:

1- The Declaration Date is several weeks in advance of a dividend payment—it’s when company’s board of directors sets the amount and timing of the proposed payment.

2- The Payable Date is the date set by the board on which the dividend will actually be paid out to shareholders.

3- The Record Date is for shareholders who hold the stock before the payable date and receive the dividend payment. That date is set any number of weeks before the payable date.

4-The Ex-Dividend Date is two business days before the record date and it’s when the shares begin to trade without their dividend. If you buy stocks one day or more before their ex-dividend date, you will still get the dividend. That’s when a stock is said to trade cum-dividend. If you buy on the ex-dividend date or later, you won’t get the dividend. The ex-dividend date is in place to allow pending stock trades to settle.

We think very highly of stocks that have been paying dividends for five or more years, at TSI Network. Many of these stocks fit in well with our three-part Successful Investor philosophy:

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; and Utilities);

3- Downplay or avoid stocks in the broker/media limelight.

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Dividend Stocks Library Archive
CANADIAN PACIFIC KANSAS CITY, $123.84, is a buy. The company (Toronto symbol CP; Shares outstanding: 887.7 million; Market cap: $109.9 billion; Rating: Above Average; Dividend yield: 0.8%) continues to replace its older diesel-powered locomotives with new fuel-efficient Tier 4 models. In 2025, it spend $400 million for 100 of these new locomotives. That has helped it cope with the sharp jump in fuel prices due to the Iran war.

The company is also exploring other ways to cut its fuel costs. Those include retrofitting diesel locomotives with hydrogen fuel cells and batteries. It has now placed seven of these locomotives into service.
BCE INC., $34.08, is ready to tap rising demand for data transmission with the launch of a new high-speed link by its Ziply Fiber business.

The “Northern Link Route” is a 400 Gig, low-latency, high-capacity long-haul transport route spanning 2,100 miles from the Pacific Northwest to Chicago in the Midwest.
ALGONQUIN POWER & UTILITIES, $8.10, is a buy. The utility (Toronto symbol AQN; Shares outstanding: 769.7 million; Market cap: $6.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.4%; www.algonquinpower.com) completed the sale of its 42.2% ownership stake in Atlantica Sustainable Infrastructure plc in December 2024 for $1.08 billion (all figures except share price and market cap in U.S. dollars). Algonquin also sold its non-regulated renewable energy business to LS Power in January 2025 for up to $2.5 billion.

Today, Algonquin focuses entirely on its regulated utilities, which supply electricity, gas, water distribution and wastewater collection services to 32 million customers in Canada, the U.S., Chile and Bermuda.
TELUS, $17.10, has formed an alliance with Xanadu Quantum Technologies Inc.—now developing quantum computing hardware, which uses electrons, rather than transistors, to carry out a vast number of calculations simultaneously. That makes them much faster than regular computers.

The partners plan to collaborate on advancing sovereign quantum computing infrastructure in Canada, and on exploring the development of a quantum datacentre. The collaboration brings together Xanadu’s work in photonic quantum computing with Telus’ experience in AI, datacentre operations, and its nationwide PureFibre network.
We continue to feel that most Canadian investors benefit from having the bulk of their portfolios in more conservative stocks, drawn from across all five sectors. Still, income-focused investors may want to emphasize utilities and banks for their high and generally secure dividends. Furthermore, they may want to decrease their portfolio weightings in volatile resources or manufacturing stocks.
RIOCAN REAL ESTATE INVESTMENT TRUST, $21.95, is now selling its remaining residential properties, which will leave it to focus on its high-quality retail properties.

Under that plan, it is selling its 50% stake in a residential tower that’s part of The Well, a mixed-use complex in downtown Toronto. It’s also selling two 100%-owned properties in Montreal. The trust has not yet said how much it will receive from these transactions.
Bank of Nova Scotia and TD Bank are leading competitors in their markets; you should look for that to cut your ongoing risk. We see both as buys.

BANK OF NOVA SCOTIA, $111.40, is a buy. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $136.6 billion; TSINetwork Rating: Above Average; Dividend yield: 4.1%; www.scotiabank.com) continues to benefit from its shifting focus away from Latin America to its main North American operations.
Both of these Canadian insurance stocks provide investors with high dividend yields. They also offer strong growth prospects at a more than reasonable price. Each is a buy.

MANULIFE FINANCIAL, $53.03, is a buy. This safety-conscious stock (Toronto symbol MFC; Shares outstanding: 1.7 billion; Market cap: $88.5 billion; TSINetwork Rating: Above Average; Dividend yield: 3.5%; www.manulife.ca) represents one of Canada’s largest life insurers. It’s also a leading insurer in Vietnam, Cambodia, Singapore, and the Philippines. On March 31, 2026, the insurer had $1.71 trillion in assets under administration.
Capital Power enters the second half of 2026 as a transformed company: it’s nearly double its size from two years ago, has strong contracted cash flow, and a new partnership with Apollo Global Management, one of the world’s largest alternative asset managers. Moreover, Capital is positioned to capitalize on AI-driven power demand in the U.S. market.

CAPITAL POWER CORP., $72.03, is a buy. The Edmonton-based company (Toronto symbol CPX; Shares o/s: 156.5 million; Market cap: $11.3 billion; TSINetwork Rating: Average; Dividend yield: 3.8%; www.capitalpower.com) is a major power producer in Canada and the U.S. with 12 gigawatts of generation capacity across 35 facilities. Its portfolio includes natural gas, renewables, and battery energy storage solutions.
ALLIANT ENERGY CORP. $74 (www.alliantenergy.com) is a buy. The company sells power and natural gas to 1.445 million customers in Wisconsin and Iowa. Thanks to new projects, Alliant’s revenue in the first quarter of 2026 rose 5.0%, to $1.18 billion from $1.13 billion a year earlier. However, earnings slipped 1.2%, to $0.82 from $0.83, on higher maintenance and interest costs. The company recently signed a new deal to supply power to a planned datacentre in Iowa. That should help lift its 2026 earnings by 6% to $3.43 a share, and the stock trades at a reasonable 21.6 times that forecast. The $2.14 dividend yields a solid 2.9%. Alliant Energy is a buy.