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You Can See Our Conservative-Growth Dividend Payer Portfolio for April 2026 Here.
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.
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.
STANLEY BLACK & DECKER INC. $72 is a buy. The company (New York symbol SWK; Conservative Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 155.1 million; Market cap: $11.2 billion; Dividend yield: 4.6%; Dividend Sustainability Rating: Above Average; www.stanleyblackanddecker.com) is one of the world’s largest makers of hand and power tools.
With the September 2025 payment, Stanley increased your quarterly dividend by 1.2%, to $0.83 a share from $0.82. The annual rate of $3.32 yields an appealing 4.6%. The company has now raised the dividend each year for the past 58 years.
With the September 2025 payment, Stanley increased your quarterly dividend by 1.2%, to $0.83 a share from $0.82. The annual rate of $3.32 yields an appealing 4.6%. The company has now raised the dividend each year for the past 58 years.
Chevron’s shares have jumped 34% since the start of 2026, mainly due to a surge in crude oil prices following the U.S. and Israeli military strikes on Iran. Even when oil prices eventually ease, Chevron’s new assets and improved efficiency should support regular dividend increases for shareholders.
FINNING INTERNATIONAL INC. $88 is a buy. The company (Toronto symbol FTT; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 130.8 million; Market cap: $11.5 billion; Dividend yield: 1.4%; Dividend Sustainability Rating: Above Average; www.finning.com) sells and services Caterpillar-brand heavy equipment in Western Canada, but also South America, the U.K. and Ireland. Canada accounts for nearly 50% of its annual revenue.
With the June 2025 payment, Finning raised your quarterly dividend by 10.0%. Investors now receive $0.3025 a share instead of $0.275. The annual rate of $1.21 yields 1.4%. The company has increased its annual dividend for 24 consecutive years.
With the June 2025 payment, Finning raised your quarterly dividend by 10.0%. Investors now receive $0.3025 a share instead of $0.275. The annual rate of $1.21 yields 1.4%. The company has increased its annual dividend for 24 consecutive years.
ANDREW PELLER LTD. $5.36 (class A) remains a buy for long-term gains. The company (Toronto symbol ADW.A; Conservative Growth Payer Portfolio, Consumer sector; Shares outstanding: 43.3 million; Market cap: $232.1 million; Dividend yield: 4.6%; Dividend Sustainability Rating: Above Average; www.andrewpeller.com) is Canada’s second-largest wine producer after Arterra Wines.
Peller last raised your quarterly dividend by 10% with the July 2021 payment. The annual rate of $0.246 per class A share yields a high 4.6%.
Peller last raised your quarterly dividend by 10% with the July 2021 payment. The annual rate of $0.246 per class A share yields a high 4.6%.
EXTENDICARE INC. $26 remains a buy. The company (Toronto symbol EXE; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 94.5 million; Market cap: $2.5 billion; Dividend yield: 2.0%; Dividend Sustainability Rating: Average; www.extendicare.com) owns and operates long-term care homes. Its ParaMed Home Health Care business also provides nursing care and other forms of assistance to clients who remain in their own homes.
With the April 2026 payment, Extendicare will raise your monthly dividend by 5.0%. Investors will then receive $0.0441 a share instead of $0.042. The new annual rate of $0.5292 yields 2.0%.
With the April 2026 payment, Extendicare will raise your monthly dividend by 5.0%. Investors will then receive $0.0441 a share instead of $0.042. The new annual rate of $0.5292 yields 2.0%.
The shares of these two banks have held up well despite the current uncertainty over the war in the Middle East and oil prices. That’s partly due to their wide range of revenue sources, including consumer banking, credit cards and capital markets, which help cut their risk.
These two utilities continue to invest in new projects, and the extra cash flow from those assets will let them keep raising your dividend. Moreover, each gets most of its revenue from regulated projects, which cuts your risk.
NORTH WEST COMPANY $54 is a buy. This retailer (Toronto symbol NWC; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 47.6 million; Market cap: $2.6 billion; Dividend yield: 3.0%; Dividend Sustainability Rating: Above Average; www.northwest.ca) sells food and everyday products and services at 229 stores, mainly in northern communities across Canada, as well as in Alaska, the South Pacific and the Caribbean.
The company last increased your quarterly dividend by 2.5% with the October 2025 payment, to $0.41 a share from $0.40. The new annual rate of $1.64 yields 3.0%.
The company last increased your quarterly dividend by 2.5% with the October 2025 payment, to $0.41 a share from $0.40. The new annual rate of $1.64 yields 3.0%.
These two foodmakers continue to cut their costs, which helps support their dividend. Still, we continue to see them as holds given their sales remain weak as consumers shift to healthier products.