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
These two Canadian insurers remain great picks for income-seeking investors, particularly as their wealth management businesses benefit as more baby boomers retire over the next few years. Their growing operations in Asia are also a long-term plus.
ENBRIDGE INC. $67 is a buy. The pipeline giant (Toronto symbol ENB; Income-Growth Payer Portfolio, Utilities sector; Shares outstanding: 2.2 billion; Market cap: $147.4 billion; Dividend yield: 5.6%; Dividend Sustainability Rating: Highest; www.enbridge.com) last raised your quarterly dividend with the March 2025 payment by 3.0%; the new annual rate of $3.77 yields a high 5.6%.

Enbridge now plans to expand the capacity of its Mainline pipeline, which pumps crude oil from Alberta to refineries in the U.S. Midwest, by 5%. It will also lift capacity for its U.S.-based Flanagan South Pipeline.
The outlook for these high-yielding utility stocks continues to improve, as lower interest rates increase their appeal relative to bonds. Rising power demand from AI datacentres also enhances their long-term prospects.
RIOCAN REAL ESTATE INVESTMENT TRUST $19 is a top pick for 2025. The REIT (Toronto symbol REI.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units o/s: 295.0 million; Market cap: $5.6 billion; Dist. yield: 6.1%; Dividend Sustainability Rating: Average; www.riocan.com) increased your monthly distribution by 4.3% with the March 2025 payment. The new annual rate of $1.158 yields a solid 6.1%.


The shopping mall owner continues to do a good job of getting its existing tenants to renew their leases. In the third quarter of 2025, the retention rate was 92.7%, up from 92.0% a year earlier.
These office REITs remain under pressure despite many businesses—namely, their tenants—ending pandemic-era remote work policies. Lower-than-expected occupancy rates could force them to cut their distributions. Even if they do, investors would still enjoy above average yields.
PACER U.S. CASH COWS 100 ETF $59.43 (CBOE symbol COWZ; Units outstanding: 306.2 million; Market cap: $18.2 billion; Yield: 1.6%; www.paceretfs.com) aims to select and hold the top 100 companies of the Russell 1000 index as determined by their free cash flow yields.


Pacer defines free cash flow as the cash remaining after a company has paid expenses, interest, taxes, and long-term investments. This fund started up on December 16, 2016. It has an MER of 0.49% and yields 1.6%.



The ETF’s holdings include HCA Healthcare, Applied Materials, McKesson Corp., Gilead Sciences, Merck & Co., Ford Motor, Cisco Systems, Amgen Inc., Warner Bros. Discovery and Newmont. The weight of any one stock in the portfolio is capped at 2%.
We’ve long recommended electrical power utility Fortis as a buy for steady growth and reliable income. That’s because rate-regulated operations provide it with sufficient cash flow for reinvestment in new projects as well as dividends for its shareholders. In fact, the company has now raised that dividend for 52 straight years.


Fortis also recently sold some of its smaller holdings in the Caribbean, which will let it focus on more-promising projects in North America.
You can’t fake a record of dividends. That’s why we place a high value on a sustained history of dividend payments. When you’re looking for income-producing stocks, a high dividend yield should also be one of your most important investment considerations. But that shouldn’t come at the expense of sustainability.


Our exclusive TSI Dividend Sustainability Rating System uses eight factors to determine a company’s ability to maintain its current dividend, and increase the payment over time.
Wajax investors benefit from the company’s (symbol WJX on Toronto) sales and servicing of cranes, forklifts and other heavy equipment. Wajax also provides related parts and systems such as ball bearings, hoses, diesel engines and transmissions.


WAJAX CORP., $26.95, is a buy. The company (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (www.wajax.ca; Shares outstanding: 21.8 million; Market cap: $586.1 million; Dividend yield: 5.2%) has customers spread across the resources, construction, manufacturing and transportation industries.
FORTIS INC. $74 (www.fortisinc.com) is a buy. The company is the main supplier of electrical power in Newfoundland and PEI. It also owns electrical and gas utilities across North America. With the December 2025 payment, Fortis will raise your quarterly dividend by 4.1%, to $0.64 a share from $0.615. The new annual rate of $2.56 yields 3.5%. Fortis also plans to increase the annual dividend rate between 4% and 6% each year through 2030. Fortis is a buy.