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
These two legacy technology firms have moved up lately as they add artificial intelligence (AI) features to their existing products. Their rising earnings also bode well for even more dividend increases.
CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST $15 is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Cyclical-Growth Payer Portfolio; Manufacturing & Industry sector; Units outstanding: 723.8 million; Market cap: $10.9 billion; Distribution yield: 5.1%; Dividend Sustainability Rating: Above Average; www.choicereit.ca) owns 703 properties, with 68.1 million square feet of retail, industrial, mixed-use and residential space. Investors also benefit from its high 97.8% occupancy rate. George Weston Ltd. (Toronto symbol WN) owns 61.7% of the trust.
These two renewable power providers continue to invest in new projects and upgrades. That will help them benefit from rising power demand, including from AI datacentres; it will also support their high dividend yields.
PIZZA PIZZA ROYALTY CORP. $16 (Toronto symbol PZA; Shares outstanding: 33.4 million; Market cap: $534.4 million; Dividend yield: 5.9%; www.pizzapizza.ca) holds certain trademarks and trade names used by Pizza Pizza restaurants in Canada.


Those exclusive names are licensed to Pizza Pizza for 99 years. In return, it pays the royalty fund 6% of the revenues from its pizza restaurants (9% from Pizza 73 restaurants). There are 696 Pizza Pizza and 104 Pizza 73 outlets across the country.
Dividends from oil companies tend to be less reliable than payments from other industries. That’s because their revenue and cash flow depend on volatile commodity prices.


To cut your risk, we recommend investors stick with integrated oil producers like Suncor as its refineries benefit from lower crude prices. The company is also improving its efficiency and cutting its operating costs, which will help it avoid trimming its dividend when oil prices decline.
Long-time readers know that we aim to keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to bolster investor gains. Here are two buys that stand out this month:

ALIMENTATION COUCHE-TARD, $73.90, is a buy. This retailer (Toronto symbol ATD; TSINetwork Rating: Average) (couchetard.com; Shares o/s: 940.6 million; Market cap: $70.4 billion; Yield: 1.1%) has announced it is teaming up with chef, restaurateur, and Emmy Award-winning host Guy Fieri on a new fresh food collaboration.
RIOCAN REAL ESTATE INVESTMENT TRUST $19 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 294.9 million; Market cap: $5.6 billion; Price-to-sales ratio: 4.2; Distribution yield: 6.1%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 178 shopping centres and mixed-use properties.





Due to the slowing housing market, the trust is now selling the 50% stake in four residential properties it owns through a joint venture for $197.3 million. It aims to sell its remaining residential properties over the next two years. That will let it focus on its main retail properties.
ANDREW PELLER LTD. (class A) remains a buy for long-term gains and income. The company (Toronto symbols ADW.A $5.02 and ADW.B $6.50; Income Portfolio, Consumer sector; Shares outstanding: 43.3 million; Market cap: $229.6 million; Price-to-sales ratio: 0.5; Dividend yield: 4.9%; www.andrewpeller.com) is Canada’s second-largest wine producer after Arterra Wines.


In its fiscal 2026 first quarter, ended June 30, 2025, Peller’s sales fell 0.3%, to $99.2 million from $99.5 million a year earlier. Higher sales in Western Canada offset lower sales at its standalone retail stores in Ontario due to the availability of wines at supermarkets and other stores.
ENBRIDGE INC. $68 is a buy. The pipeline giant (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.2 billion; Market cap: $149.6 billion; Price-to-sales ratio: 2.4; Dividend yield: 5.5%; TSINetwork Rating: Above Average; www.enbridge.com) gets a high 98% of its earnings before interest, tax, depreciation and amortization (EBITDA) from pipelines and related assets that are either rate regulated or backed by long-term take-or-pay contracts. Under those contracts, shippers continue to pay fees even if they do not use their allotted capacity.