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]
The company has a long history of adjusting to rapid changes in the computer technology industry....
Starting with the March 2017 payment, the company will raise its quarterly dividend by 5.9%, to $1.175 a share from $1.11....
MANULIFE FINANCIAL $25 (Toronto symbol MFC; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 2.0 billion; Market cap: $50.0 billion; Dividend yield: 3.3%; Dividend Sustainability Rating: Above Average; www.manulife.ca) sells life and other related forms of insurance, as well as mutual funds and investment management services.
The company raised its quarterly dividend by 11.1%, with the March 2017 payment....
Early last year, Dream Office launched a three-year strategic plan to push up its unit price....
Wajax’s customers are spread across the resources, construction, manufacturing and transportation industries.
In the three months ended September 30, 2016, the company’s revenue fell 1.5%, to $286.6 million from $290.9 million a year earlier....
ATCO LTD....
We’ve selected our top picks for 2017—one stock, one real estate investment trust and one ETF. Each offers a particularly attractive combination of long-term growth prospects and a reasonable price.
We feel that investors will profit the most by holding a well-balanced portfolio of high-quality stocks and REITs—like our first two recommendations below.
If you want to supplement your individual stock holdings, then ETFs, like our third recommendation, provide a sound alternative.
BANK OF NOVA SCOTIA $77.89 (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $94.0 billion; TSINetwork Rating: Above Average; Dividend yield: 3.8%, www.scotiabank.com) is the third largest of Canada’s five biggest banks.
In the three months ended October 31, 2016, the bank earned $1.9 billion, or $1.58 a share....