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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CANADIAN UTILITIES LTD....
BROOKFIELD RENEWABLE PARTNERS L.P., $35.35, is a buy. The partnership (Toronto symbol BEP.UN; Units outstanding: 660.2 million; Market cap: $23.9 billion; TSINetwork Rating: Extra Risk; Dividend yield: 5.6%; www.bep.brookfield.com) owns 239 hydroelectric generating stations, 230 wind farms, 226 solar facilities, and 7,211 distributed generation and energy storage sites.
In the quarter ended September 30, 2024, newly commissioned and acquired solar facilities lifted Brookfield’s revenue by 24.7%, to $1.47 billion from $1.18 billion a year earlier (all amounts except unit price and market cap in U.S....
The last couple of years, higher interest rates increased the appeal of bonds and hurt that of REITs. Still, with rates now falling, Choice Properties and RioCan remain excellent ways for investors to earn high, steady income. We see both as buys.
CHOICE PROPERTIES REIT, $13.94, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/s: 327.9 million; Market cap: $10.1 billion; TSINetwork Rating: Average; Dividend yield: 5.5%; www.choicereit.ca) owns 705 retail, industrial, office space and residential properties with 66.2 million square feet of gross leasable area....
After he steps down, Gori will serve as an advisor through August 31, 2025, to support the transition.
Witherington has been a member of Manulife’s executive leadership team since 2017, serving as CFO for five years before moving to his current role as president and CEO of Manulife Asia.
Witherington’s role with Manulife Asia—plus his positions with KPMG in London and Hong Kong prior to joining the company—bodes well for Manulife’s prospects....
Most of Pembina’s pipelines operate under long-term contracts. That helps lower the company’s risk in today’s uncertain economy. That also results in a high, sustainable dividend yield for shareholders. At the same time, the dependable income bolsters the stock’s appeal and supports its share price.
PEMBINA PIPELINE, $56.44, is a buy. The company (Toronto symbol PPL; Shares outstanding: 580.5 million; Market cap: $32.8 billion; TSINetwork Rating: Average; Dividend yield: 4.9%; www.pembina.com) is an energy transportation and midstream service provider that has served North America’s energy industry for 70 years....