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.
[text_ad]
Read More
Close
Dividend Stocks Library Archive
WYNDHAM HOTELS & RESORTS INC. $84 is a buy. The company (New York symbol WH; Cyclical-Growth Portfolio, Consumer sector; Shares outstanding: 75.7 million; Market cap: $6.4 billion; Dividend yield: 2.0%; Dividend Sustainability Rating: Above Average; www.wyndhamhotels.com) is the world’s largest hotel franchiser, with over 8,300 hotels in more than 100 countries.
Wyndham will raise your quarterly dividend by 4.9% with the March 2026 payment, to $0.43 a share from $0.41. The annual rate of $1.72 yields 2.0%.
In the quarter ended December 31, 2025, revenue fell 2.1%, to $334 million from $341 million a year earlier. Lower RevPAR (revenue per available room) in the U.S. and Asia offset higher RevPAR in Europe, Latin America and Canada. Earnings before unusual items declined 10.6%, to $0.93 a share from $1.04.
Wyndham will raise your quarterly dividend by 4.9% with the March 2026 payment, to $0.43 a share from $0.41. The annual rate of $1.72 yields 2.0%.
In the quarter ended December 31, 2025, revenue fell 2.1%, to $334 million from $341 million a year earlier. Lower RevPAR (revenue per available room) in the U.S. and Asia offset higher RevPAR in Europe, Latin America and Canada. Earnings before unusual items declined 10.6%, to $0.93 a share from $1.04.
MCDONALD’S CORP. $333 is a buy. The company (New York symbol MCD; Income-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 713.6 million; Market cap: $237.6 billion; Dividend yield: 2.2%; Dividend Sustainability Rating: Highest; www.mcdonalds.com) is the world’s largest fast-food chain, with 44,113 restaurants in over 100 countries.
With the December 2025 payment, McDonald’s raised your quarterly dividend by 5.1%. Investors now receive $1.86 a share instead of $1.77. The new annual rate of $7.44 yields 2.2%. The company has now raised its annual dividend rate each year since 1976.
With the December 2025 payment, McDonald’s raised your quarterly dividend by 5.1%. Investors now receive $1.86 a share instead of $1.77. The new annual rate of $7.44 yields 2.2%. The company has now raised its annual dividend rate each year since 1976.
These two insurers continue to report rising earnings, thanks to new businesses and rising stock markets. That should lead to even more dividend hikes.
MANULIFE FINANCIAL CORP. $48 is a buy. The company (Toronto symbol MFC; Conservative-Growth Payer Portfolio; Finance sector; Shares o/s: 1.7 billion; Market cap: $81.6 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Above Average; www.manulife.ca) is Canada’s largest life insurer. It’s also a leading insurer in Vietnam, Cambodia, Singapore, and the Philippines.
Manulife will raise your quarterly dividend by 10.2% with the March 2026 payment. Investors will then receive $0.485 a share instead of $0.44. The new annual rate of $1.94 yields 4.0%.
MANULIFE FINANCIAL CORP. $48 is a buy. The company (Toronto symbol MFC; Conservative-Growth Payer Portfolio; Finance sector; Shares o/s: 1.7 billion; Market cap: $81.6 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Above Average; www.manulife.ca) is Canada’s largest life insurer. It’s also a leading insurer in Vietnam, Cambodia, Singapore, and the Philippines.
Manulife will raise your quarterly dividend by 10.2% with the March 2026 payment. Investors will then receive $0.485 a share instead of $0.44. The new annual rate of $1.94 yields 4.0%.
Utilities remain a popular choice for income-seeking investors as their vital services give them predictable cash flows for dividends. Both of these are buys.
ENBRIDGE INC. $72 is a buy. The company (Toronto symbol ENB; Income-Growth Payer Portfolio, Utilities sector; Shares outstanding: 2.2 billion; Market cap: $150.4 billion; Dividend yield: 5.4%; Dividend Sustainability Rating: Highest; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada eastward as well as to the U.S. Its network transports 30% of the crude oil produced in North America and 20% of the natural gas consumed in the U.S. The company also distributes gas to 7 million consumers.
ENBRIDGE INC. $72 is a buy. The company (Toronto symbol ENB; Income-Growth Payer Portfolio, Utilities sector; Shares outstanding: 2.2 billion; Market cap: $150.4 billion; Dividend yield: 5.4%; Dividend Sustainability Rating: Highest; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada eastward as well as to the U.S. Its network transports 30% of the crude oil produced in North America and 20% of the natural gas consumed in the U.S. The company also distributes gas to 7 million consumers.
MICROSOFT CORP. $401 is a buy for aggressive investors. The software giant (Nasdaq symbol MSFT; High-Growth Dividend Payer Portfolio; Manufacturing sector; Shares outstanding: 7.4 billion; Market cap: $3.0 trillion; Dividend yield: 0.9%; Dividend Sustainability Rating: Highest; www.microsoft.com) last increased your quarterly dividend by 9.6% with the December 2025 payment, to $0.91 a share from $0.83. The new annual rate of $3.64 yields 0.9%.
The company continues to spend heavily on new datacentres and related infrastructure to run artificial intelligence (AI) programs. In the current fiscal year ending June 30, 2026, capital spending could more than double to $145 billion. Concerns over those costs are partly why the stock is down 17% since the start of 2026. However, these new facilities should spur demand for its cloud computing and other services.
The company continues to spend heavily on new datacentres and related infrastructure to run artificial intelligence (AI) programs. In the current fiscal year ending June 30, 2026, capital spending could more than double to $145 billion. Concerns over those costs are partly why the stock is down 17% since the start of 2026. However, these new facilities should spur demand for its cloud computing and other services.
AT&T and Verizon continue to upgrade their wireless and Internet networks. Those outlays should keep new customers coming in and support their high dividend yields.
AT&T INC. $28 is a buy. The company (New York symbol T; Income-Growth Portfolio, Utilities sector; Shares outstanding: 7.0 billion; Market cap: $196.0 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Above Average; www.att.com) is the largest wireless (cellphone) carrier in the U.S., with 120.11 million subscribers (excluding mobile devices such as tablets) and 24.68 million wireless subscribers in Mexico. It also has 14.70 million high-speed Internet users and provides traditional telephone services to consumers and businesses.
In April 2022, AT&T merged its WarnerMedia entertainment business with Discovery Inc. to form Warner Bros. Discovery (Nasdaq symbol WBD). At that time, AT&T shareholders owned 71% of the new firm. The company also received $40.4 billion in cash as part of the deal. As a result of the spinoff, AT&T cut its annual dividend rate from $2.08 a share to $1.11. That rate gives you a 4.0% yield.
AT&T INC. $28 is a buy. The company (New York symbol T; Income-Growth Portfolio, Utilities sector; Shares outstanding: 7.0 billion; Market cap: $196.0 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Above Average; www.att.com) is the largest wireless (cellphone) carrier in the U.S., with 120.11 million subscribers (excluding mobile devices such as tablets) and 24.68 million wireless subscribers in Mexico. It also has 14.70 million high-speed Internet users and provides traditional telephone services to consumers and businesses.
In April 2022, AT&T merged its WarnerMedia entertainment business with Discovery Inc. to form Warner Bros. Discovery (Nasdaq symbol WBD). At that time, AT&T shareholders owned 71% of the new firm. The company also received $40.4 billion in cash as part of the deal. As a result of the spinoff, AT&T cut its annual dividend rate from $2.08 a share to $1.11. That rate gives you a 4.0% yield.
RIOCAN REAL ESTATE INVESTMENT TRUST $20 is a buy. The REIT (Toronto symbol REI.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 293.7 million; Market cap: $5.9 billion; Dist. yield: 5.8%; Dividend Sustainability Rating: Average; www.riocan.com) last raised your monthly distribution by 4.3% with the March 2025 payment. The new annual rate of $1.158 a unit yields 5.8%.
The shopping mall owner continues to do a good job of getting its existing tenants to renew their leases. In the fourth quarter of 2025, the retention rate was 94.5%, up from 78.8% a year earlier. That helped lift revenue in the quarter by 0.6%, to $295.1 million from $293.3 million a year earlier. Due to higher interest costs, cash flow declined 6.8%, to $115.7 million from $124.2 million. On a per-unit basis, cash flow declined at a slower rate of 4.9%, to $0.39 from $0.41, due to fewer units outstanding.
The shopping mall owner continues to do a good job of getting its existing tenants to renew their leases. In the fourth quarter of 2025, the retention rate was 94.5%, up from 78.8% a year earlier. That helped lift revenue in the quarter by 0.6%, to $295.1 million from $293.3 million a year earlier. Due to higher interest costs, cash flow declined 6.8%, to $115.7 million from $124.2 million. On a per-unit basis, cash flow declined at a slower rate of 4.9%, to $0.39 from $0.41, due to fewer units outstanding.
We can be wrong on any of our stock or REIT recommendations, of course. That’s why we feel that investors should build a portfolio of 10 to 20 mainly well established, dividend-paying stocks, including REITs, chosen mainly from our Average or higher ratings; you must also spread your holdings across most if not all of the five main economic sectors. That way the overall gains in the portfolio will offset declines in one or two holdings.
The unit price for Allied Properties has dropped over 25% given the REIT’s plans to sell additional units to pay down its high debt. That’s likely to dilute value for existing investors. In terms of these two REITs, we prefer Dream Office—enjoying rising demand. We now see Allied as a hold.
The unit price for Allied Properties has dropped over 25% given the REIT’s plans to sell additional units to pay down its high debt. That’s likely to dilute value for existing investors. In terms of these two REITs, we prefer Dream Office—enjoying rising demand. We now see Allied as a hold.
FINANCIAL 15 SPLIT CORP. $10.78 (Toronto symbol FTN; Shares o/s: 68.7 million; Market cap: $740.6 million; Dividend yield: 14.1%; www.quadravest.com) holds shares of 15 big Canadian and U.S. financial companies.
These include Bank of Nova Scotia, TD Bank, Manulife, Sun Life, National Bank, Bank of America, Citigroup, Goldman Sachs, JP Morgan and Wells Fargo.
Financial 15 yields a very high 14.1%. However, its income does not cover those high distributions to its shareholders. To make up the difference, it must realize capital gains on its securities. But those gains are far from guaranteed, so it supports its distributions by selling call options on the stocks it holds.
These include Bank of Nova Scotia, TD Bank, Manulife, Sun Life, National Bank, Bank of America, Citigroup, Goldman Sachs, JP Morgan and Wells Fargo.
Financial 15 yields a very high 14.1%. However, its income does not cover those high distributions to its shareholders. To make up the difference, it must realize capital gains on its securities. But those gains are far from guaranteed, so it supports its distributions by selling call options on the stocks it holds.
IBM’s shares have fallen 27% from their November 2025 peak of $325. The drop reflects investor concerns that new artificial intelligence (AI) tools to streamline legacy computer code could hurt IBM’s mainframe and consulting businesses. However, the company is already employing AI and other value-added services that will help it hang onto clients focused on cutting costs and boosting efficiency. In fact, its AI-related backlog more than doubled from $6 billion in March 2025 to $12.5 billion by the end of the year.
That impressive order book bodes well for investors, as it lets IBM keep raising your dividend. The company has, in fact, increased the annual dividend rate each of the past 30 years.
INTERNATIONAL BUSINESS MACHINES CORP. $238 is a buy. The company (New York symbol IBM, Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 938.0 million; Market cap: $223.2 billion; Dividend yield: 2.8%; Dividend Sustainability Rating: Above Average; www.ibm.com) is one of the world’s largest computer firms, with operations in over 175 countries.
That impressive order book bodes well for investors, as it lets IBM keep raising your dividend. The company has, in fact, increased the annual dividend rate each of the past 30 years.
INTERNATIONAL BUSINESS MACHINES CORP. $238 is a buy. The company (New York symbol IBM, Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 938.0 million; Market cap: $223.2 billion; Dividend yield: 2.8%; Dividend Sustainability Rating: Above Average; www.ibm.com) is one of the world’s largest computer firms, with operations in over 175 countries.