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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You can’t fake a record of dividends. That’s why we place a high value on a sustained history of dividend payments. When you’re looking for income-producing stocks, a high dividend yield should also be one of your most important investment considerations. But that shouldn’t come at the expense of sustainability.
Our exclusive TSI Dividend Sustainability Rating System uses eight factors to determine a company’s ability to maintain its current dividend, and increase the payment over time.
In August 2025, BCE paid $3.64 billion U.S. for Ziply Fiber, which offers high-speed Internet access and telephone services through a fibre-optic network to residential and business customers in Washington State, Oregon, Idaho and Montana.
TOROMONT INDUSTRIES LTD. $205 is a buy. The company (Toronto symbol TIH; High-Growth Dividend Payer Portfolio; Manufacturing & Industry sector; Shares outstanding: 81.9 million; Market cap: $16.8 billion; Dividend yield: 1.1%; Dividend Sustainability Rating: Above Average; www.toromont.com) operates through two business segments:
Toromont’s Equipment Group (90% of revenue) is the exclusive dealer of Caterpillar heavy equipment, such as bulldozers, backhoes and excavators, for eastern Canada. The company is also the MaK engine dealer for the Eastern Seaboard of the U.S., from Maine to Virginia.
Gen last raised your quarterly dividend by 66.7% in December 2019. The annual rate of $0.50 a share yields 2.3%. It also has $2.29 billion remaining under its $3.0 billion share repurchase authorization.
Wyndham will raise your quarterly dividend by 4.9% with the March 2026 payment, to $0.43 a share from $0.41. The annual rate of $1.72 yields 2.0%.
In the quarter ended December 31, 2025, revenue fell 2.1%, to $334 million from $341 million a year earlier. Lower RevPAR (revenue per available room) in the U.S. and Asia offset higher RevPAR in Europe, Latin America and Canada. Earnings before unusual items declined 10.6%, to $0.93 a share from $1.04.
With the December 2025 payment, McDonald’s raised your quarterly dividend by 5.1%. Investors now receive $1.86 a share instead of $1.77. The new annual rate of $7.44 yields 2.2%. The company has now raised its annual dividend rate each year since 1976.
MANULIFE FINANCIAL CORP. $48 is a buy. The company (Toronto symbol MFC; Conservative-Growth Payer Portfolio; Finance sector; Shares o/s: 1.7 billion; Market cap: $81.6 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Above Average; www.manulife.ca) is Canada’s largest life insurer. It’s also a leading insurer in Vietnam, Cambodia, Singapore, and the Philippines.
Manulife will raise your quarterly dividend by 10.2% with the March 2026 payment. Investors will then receive $0.485 a share instead of $0.44. The new annual rate of $1.94 yields 4.0%.
ENBRIDGE INC. $72 is a buy. The company (Toronto symbol ENB; Income-Growth Payer Portfolio, Utilities sector; Shares outstanding: 2.2 billion; Market cap: $150.4 billion; Dividend yield: 5.4%; Dividend Sustainability Rating: Highest; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada eastward as well as to the U.S. Its network transports 30% of the crude oil produced in North America and 20% of the natural gas consumed in the U.S. The company also distributes gas to 7 million consumers.
The company continues to spend heavily on new datacentres and related infrastructure to run artificial intelligence (AI) programs. In the current fiscal year ending June 30, 2026, capital spending could more than double to $145 billion. Concerns over those costs are partly why the stock is down 17% since the start of 2026. However, these new facilities should spur demand for its cloud computing and other services.