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.
[text_ad]
FORTIS INC. $81 is your #1 Income Buy for 2026. The company (Toronto symbol FTS; Conservative & Income Portfolios, Utilities sector; Shares outstanding: 509.1 million; Market cap: $41.2 billion; Price-to-sales ratio: 3.4; Dividend yield: 3.2%; TSINetwork Rating: Above Average; www.fortisinc.com) operates electrical and gas utilities in five Canadian provinces, 10 U.S. states and the Cayman Islands. Rate-regulated operations supply 99% of its revenue.
South Bow’s stock is now up 88% since the company’s spinoff from TC Energy Corp. (Toronto symbol TRP) on October 1, 2024. Investors received 0.2 of a South Bow share for every TC share they held. As part of the split, South Bow paid $7.9 billion (Canadian) to its former parent.
The new tenants are expected to open in 2027, with a temporary Mark’s location opening in advance of the permanent store, says RioCan.
Keyera largely operates in that space between the oil and gas industry’s upstream segment—exploration and production—and its downstream segment, which focuses on the refining, distribution and retail marketing of oil and gas end products.
GREAT-WEST LIFECO, $90.98, is a buy. The insurance company (Toronto symbol GWO; shares outstanding: 898.0 million; Market cap: $81.7 billion; TSINetwork Rating: Above Average; Dividend yield: 2.8%; greatwestlifeco.com) is Canada’s second-largest life insurer after Manulife Financial. Power Corp. of Canada (Toronto symbol POW, see below) owns 68.6% of Great-West.
H&R REIT, $11.06, is a buy. The REIT (Toronto symbol HR.UN; Units outstanding: 264.6 million; Market cap: $3.1 billion; TSINetwork Rating: Average; Dividend yield: 5.4%; www.hr-reit.com) has 105 residential, industrial, office and retail properties in Canada and the U.S. Its occupancy rate is a solid 91.3%.
This new project, called Appalachia Supply Project, will help the Columbia system meet rising demand for gas to power artificial intelligence datacentres.