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
BANK OF NOVA SCOTIA $76.22 (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $92.1 billion; TSINetwork Rating: Above Average; Dividend yield: 4.0%, www.scotiabank.com) is the third largest of Canada’s five biggest banks.


In the three months ended April 30, 2017, the bank earned $2.1 billion, or $1.62 a share....
INNERGEX RENEWABLE ENERGY $14.63 (Toronto symbol INE; Shares outstanding: 108.4 million; Market cap: $1.6 billion; TSINetwork Rating: Extra Risk; Dividend yield 4.5%; www.innergex.com) operates 30 hydroelectric plants, 17 wind farms and one solar power field....
POWER CORP. $28.82 (Toronto symbol POW; Shares outstanding: 414.4 million; Market cap: $13.5 billion; TSINetwork Rating: Above Average; Dividend yield: 5.0%; www. powercorporation.com) is a diversified holding company. It holds its financial assets through its 65.6%-owned Power Financial.


In the quarter ended March 31, 2017, Power Corp.’s earnings per share rose 41.5%, to $0.58 from $0.41 a year earlier.


Power Financial’s assets include: 67.6% of Great-West Lifeco, one of Canada’s largest life insurers; and 61.5% of IGM Financial, a leading Canadian mutual-fund provider.


Through its 50% stake in Parjointco, Power Financial also holds 55.5% of Swiss-listed Pargesa Holdings SA....
RIOCAN REAL ESTATE INVESTMENT TRUST $25.30 (Toronto symbol REI.UN; Units outstanding: 325.7 million; Market cap: $8.2 billion; TSINetwork Rating: Average; Dividend yield: 5.6%; www.riocan.com) owns all or part of 300 shopping centres in Canada. That includes 15 properties under development.


The trust has now agreed to sell 50% of its Sunnybrook Plaza retail property in midtown Toronto to Concert Real Estate Corp....
GREAT-WEST LIFECO $33.58 (Toronto symbol GWO; shares outstanding: 986.4 million; Market cap: $33.2 billion; TSINetwork Rating: Above Average; Dividend yield: 4.4%; www.greatwestlifeco.com) is Canada’s secondlargest insurance company, after Manulife Financial (Toronto symbol MFC)....
Dear client:


Since 2004, Fortis has successfully used acquisitions to speed up its growth. Generally, we feel it pays to take a skeptical view of firms that use that strategy to fuel their expansion. That’s because hidden problems with new businesses can limit any expected profit increases.


However, Fortis’s focus on well-established, regulated utilities cuts that risk....
AUTOMOTIVE PROPERTIES REIT $11.10 (Toronto symbol APR.UN; Units outstanding: 16.2 million; Market cap: $179.8 million; Dividend yield: 7.2%; www.automotivepropertiesreit.ca) is a real estate investment trust that owns 35 commercial properties across cities in Ontario, Saskatchewan, Alberta, B.C....
Preferred shares offer similar security to bonds, but can also provide investors a better after-tax yield. In addition, they rank ahead of common shares in the payment of dividends and in claims on the company’s assets.


Preferreds, however, are a fixed-return investment, so in general, they drop in value when interest rates go up (as they are likely to do over the next few years); they rise in value when interest rates go down.


As well, the underlying credit quality of the company issuing the preferred shares can be a negative factor; for example, when its share price falls, the value of its preferred shares typically fall, too.


However, if you want to own preferred shares as part of the fixed-income segment of your portfolio, and you can accept some risk, then preferreds are okay to hold....
PEMBINA PIPELINE CORP. $44 (Toronto symbol PPL; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 400.0 million; Market cap: $17.6 billion; Dividend Sustainability Rating: Above Average; Dividend yield: 4.9%; www.pembina.com) has agreed to buy VERESEN INC....
These two U.S. tech firms have moved up sharply in the past year. For some investors that makes them expensive in relation to their earnings. However, each dominates its industry, and that means both should continue to raise their dividends.


MICROSOFT CORP....