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
FORTIS INC. $42 (Toronto symbol FTS; Income Growth Payer Portfolio, Utilities sector; Shares outstanding: 399.8 million; Market cap: $16.8 billion; Dividend yield 3.8%; Dividend Sustainability Rating: Highest; www.fortisinc.com) is the main power utility in Newfoundland and PEI.


In October 2016, the company paid $11.3 billion U.S....
WAL-MART STORES INC. $67 (New York symbol WMT; Conservative Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 3.1 billion; Market cap: $207.7 billion; Dividend yield: 3.0%; Dividend Sustainability Rating: Highest; www.walmart.com) is the world’s biggest retailer, with 11,633 outlets in 28 countries....
CHEVRON CORP. $117 (New York symbol CVX, CyclicalGrowth Dividend Payer Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $222.3 billion; Dividend yield: 3.7%; Dividend Sustainability Rating: Above Average; www.chevron.com) is the second-largest integrated oil company in the U.S....
The U.S. is poised to loosen rules for telecommunication companies that should create growth opportunities for both AT&T and Verizon.

More specifically, those industry leaders should be better positioned to develop and sell new, more-profitable Internet plans....
GENERAL ELECTRIC CO. $30 (New York symbol GE; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 9.2 billion; Market cap: $276.0 billion; Price-to-sales ratio: 2.2; Dividend yield: 3.2%; TSINetwork Rating: Above Average; www.ge.com) is a leading maker of industrial machinery, including jet engines, power plant equipment and locomotives....
Dear client: We have lots of attractive long-term buys among the stocks we cover, and we’re positive on the long-term outlook for dividends. We feel just as strongly about the need to diversify.

That’s why we’ve chosen three top picks for 2017 from our Dividend Advisor recommendations....
RUSSEL METALS $25.75 (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (905-819-7777; www.russelmetals.com; Shares outstanding: 61.7 million; Market cap: $1.6 billion; Dividend yield: 5.9%) is one of North America’s largest metal distributors. It serves over 28,000 clients at 51 locations in Canada and 12 in the U.S.


The company has now bought the assets of Jackson Pipe & Steel, a distributor based out of Texarkana, Texas....
In the past two years, several of Canada’s leading utility companies have used acquisitions to expand in the U.S.


That kind of strategy tends to add risk. However, the three companies we analyze below have bought regulated utilities. Predictable revenue streams from these new businesses will help them pay down the loans they needed to complete those purchases.


What’s more, the elimination of overlapping operations will free up cash for dividends....
PEMBINA PIPELINE $42.15 (Toronto symbol PPL; Shares o/s: 394.9 million; Market cap: $16.7 billion; TSINetwork Rating: Average; Divd. yield: 4.1%; www.pembina.com) owns pipelines that carry almost all of B.C.’s oil and half of Alberta’s conventional oil. Its network also carries 30% of Western Canada’s natural gas liquids (NGLs).


Pembina owns extensive facilities to extract, process and store NGLs; it also operates natural gas processing plants.


In the three months ended September 30, 2016, the company’s cash flow per share rose 6.7%, to $0.64 from $0.60.


In 2017, Pembina plans to spend $1.9 billion to complete about $4 billion in growth projects....
INNERGEX RENEWABLE ENERGY $14.08 (Toronto symbol INE; Shares outstanding: 108.2 million; Market cap: $1.5 billion; TSINetwork Rating: Extra Risk; Divd. yield 4.6%; www.innergex.com) has paid $12.6 million for 69.55% of two wind power plants in France.


The new facilities have 24 megawatts of generating power and should contribute $6.1 million to Innergex’s annual revenue.


To put that in perspective, the company’s current plants have a capacity of 817 megawatts....