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
CHEMTRADE LOGISTICS INCOME FUND $15.33 (Toronto symbol CHE.UN; TSINetwork Rating: Speculative) (416-496-5856; www.chemtradelogistics.com; Units outstanding: 92.6 million; Market cap: $1.4 billion; Dividend yield: 7.8%) is one of the largest removal-service providers for resource firms that create acids and sulphur as byproducts....
LEON’S FURNITURE LTD. $16.91 (Toronto symbol LNF; TSINetwork Rating: Average) (416-243-7880; www.leons.ca; Shares outstanding: 76.3 million; Market cap: $1.3 billion; Dividend yield: 2.8%) has steadily increased the number of stores under its Leon’s banner from 27 in 2003 to today’s 86.


In March 2013, the company nearly quadrupled in size with its $700 million purchase of The Brick, its main rival....
ENBRIDGE INC. $39.46 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $65.2 billion; TSINetwork Rating: Above Average; Dividend yield: 6.8%; www.enbridge.com) has dropped 21% since the start of the year.


In February 2017, the company completed its $37 billion acquisition of Spectra Energy in the U.S.


As a result of that purchase, Enbridge’s long-term debt jumped to $60.9 billion as of December 31, 2017....
POWER CORP. $29.36 (Toronto symbol POW; Shares outstanding: 414.4 million; Market cap: $13.9 billion; TSINetwork Rating: Above Average; Dividend yield: 4.9%; www.powercorporation.com) is a holding company with a diversified list of businesses. It holds its financial assets through its 65.6%-owned Power Financial.


In the quarter ended December 31, 2017, Power Corp.’s earnings per share rose 1.1%, to $0.90 from $0.89 a year earlier.


Power Financial’s assets include 67.6% interest in insurer Great-West Lifeco and 61.5% of mutual-fund provider IGM Financial.


Through its 50% stake in Parjointco, Power Financial also holds 55.5% of Swiss-listed Pargesa Holdings SA....
RIOCAN REAL ESTATE INVESTMENT TRUST $23.50 (Toronto symbol REI.UN; Units outstanding: 322.7 million; Market cap: $7.5 billion; TSINetwork Rating: Average; Dividend yield: 6.1%; www.riocan.com) owns all or part of 289 shopping centres in Canada. That includes 17 properties now under development.


Bankrupt retailer Toys R Us recently announced that it would close all of its stores in the U.S....
ALGONQUIN POWER & UTILITIES $12.82 (Toronto symbol AQN; Shares o/sanding: 273.3 million; Market cap: $5.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.6%; www.algonquinpower.com) continues to expand through big acquisitions, which adds risk....
ANDREW PELLER LTD. (Toronto symbols ADW.A $18 and ADW.B $18; Conservative Growth Payer Portfolio, Consumer sector; Shares outstanding: 42.6 million; Market cap: $766.8 million; Dividend yield: 1.0%; Dividend Sustainability Rating: Above Average; www.andrewpeller.com) is Canada’s second-largest wine producer.


Peller last raised its quarterly dividend by 10.3% in June 2017....
STANLEY BLACK & DECKER INC. $152 (New York symbol SWK; Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 154.1 million; Market cap: $23.4 billion; Dividend yield: 1.7%; Dividend Sustainability Rating: Above Average; www.stanleyblackanddecker.com) started up in 1843 and is now one of the world’s largest makers of hand and power tools for consumers....
BANK OF NOVA SCOTIA $79 (Toronto symbol BNS; Income-Growth Portfolio, Finance sector; Shares outstanding: 1.2 billion; Market cap: $98.4 billion; Dividend yield: 4.2%; Dividend Sustainability Rating: Above Average; www.scotiabank.com) is Canada’s third-largest bank, with assets of $923.2 billion.


Starting with the April 2018 payment, the bank increases its quarterly dividend by 3.8%, to $0.82 a share from $0.79....
ENBRIDGE INC. $39 (Toronto symbol ENB; Income-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 1.65 billion; Market cap: $64.4 billion; Dividend yield: 6.9%; Dividend Sustainability Rating: Highest; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S....