Dividend stocks make cash payouts that serve as a way for companies to share the wealth they’ve accumulated. These payouts are drawn from earnings and cash flow and paid to the shareholders of the company. Typically, these dividends are paid quarterly, although they may be paid annually or even monthly as well.
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.
 The Growing Power of DividendsLearn everything you need to know in ‘7 Winning Strategies for Dividend Investors’ for FREE from The Successful Investor. The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks. |
Russell Metals’ recent $225 million acquisition of seven strategic service centers is a sound one, expected to be a strong fit with the company’s current footprint.
The stock trades at 10.5 times the company’s forward earnings forecast. This reasonable valuation, combined with significant revenue growth from… Read More
RioCan REIT’s strategic focus on necessity-based retail and mixed-use developments has positioned it well within Canada’s six largest urban markets.
With ongoing population growth and limited new retail supply due to zoning regulations, the demand for quality retail space is expected to remain robust, further enhancing… Read More
Here’s a look at a recent TSI column for the Globe & Mail’s investing section. TSI analyst Scott Clayton outlines the Successful Investor approach to securing market-beating income from Canadian insurers with burgeoning global operations.
As a TSI subscriber, you’re already familiar with the insurers Scott… Read More
Dividend-paying stocks are some of the best stocks to invest in now because they’re proven winners that meet these key guidelines.
You have to learn a lot of things to become a successful investor, and few people learn them all in any logical progression. Instead, most… Read More
Dividend vs growth investing: Smart investing should include both strategies for maximum gains.
Growth investing tries to identify and buy rising stocks when they have further growth ahead. Often these stocks forgo paying dividends in favour of investing all their cash flow in growth. Dividend investing,… Read More
Algonquin Power & Utilities’ decision to sell its non-regulated renewable assets and focus entirely on its regulated utilities business is a game-changer.
This move significantly reduces risk and enhances earnings predictability because regulated utilities typically offer more stable cash flows and returns. While the company… Read More
TC Energy just spun off its oil pipeline business to focus on natural gas and electrical power. The new company is our #1 Spinoff Buy for 2024 as it promised dividend stability and to continue its 24-year payout growth streak.
In fact, the company is projected… Read More
How are dividends taxed in Canada?
In short, taxpayers who hold Canadian income-producing stocks as part of their dividend stocks strategy can be eligible for the dividend tax credit in Canada. This means that dividend income will be taxed at a lower dividend tax rate than… Read More
Utilize dividend income investing strategies that focus on a history of dividend payments, particularly in market downturns, and you will be investing in strong stocks
One of the best dividend-income investing strategies involves looking for companies that have been paying dividends for at least 5 to… Read More
Here’s a look at a recent TSI column for the Globe & Mail’s investing section. TSI analyst Scott Clayton highlights the Successful Investor approach to capturing market-beating income from Canadian REITs. The column followed on the heels of the Bank of Canada’s 50 basis-point rate… Read More
JP Morgan Chase has been demonstrating strong financial performance as it keeps growing asset. What’s more, a solid dividend and a fresh $30 billion share buyback program offer a combined capital return approach to shareholder value.
These factors have contributed to the stock’s excellent (and… Read More
Insurers like Manulife Financial and Sun Life Financial collect premiums from customers and invest those premiums to meet future claims. That need to cover claims means they invest significant amounts of their funds in fixed-income instruments, primarily bonds. That also means still-high interest rates are… Read More
Index-linked GICs maximize the promises but minimize the payouts
Index-linked GICs (guaranteed investment certificates) provide the buyer with a return that is “linked” to the direction of the stock market in a given period. A quick look at the rules on these deals may give you… Read More
The evolution of the hybrid work model continues to present significant uncertainty for the future of office properties like those owned by Dream Office REIT. However, the trend appears to be here for the long term. Meanwhile, the trust yields a high 4.4% and its… Read More
We’ve long recommended that most Canadian investors own two or more of the Big Five Canadian bank stocks—Bank of Nova Scotia, Bank of Montreal, CIBC, TD Bank and Royal Bank. Simply put, they are some of the best stocks for dividends
Banks remain key lower-risk investments… Read More
7 suggestions on how to tell if a stock pays a solid dividend, and if it will continue to do so
We believe investors will profit most, and do so with the least risk, by buying shares of well-established, dividend-paying stocks with strong business prospects. That… Read More
Investing in REITs (Canada) can help you minimize the risk of owning investment property
REITs (Canada) are the one remaining large category of income trusts; as such, they continue to pay distributions before they pay tax—and that’s good for unitholders of RioCan REIT and others. The… Read More
Use these key tips to learn how to do dividend investing successfully to pick the best investments with the least amount of risk
Top-quality stocks tend to lose less of their value in market setbacks. They also tend to bounce back nicely when conditions improve. These… Read More
The high payout provides a solid income for investors, as the current yield is not only exceptional but also backed by an 18-year track record of consecutive increases.
Verizon’s stock is also relatively cheaply valued, yet it’s in a strong market position that generates stable… Read More
Knowing the ins and outs of the dividend calendar is an important part of dividend investing
Dividend stocks are an essential part of a good conservative investing philosophy. But there are certain details you should know about the way dividends are paid out. One of the… Read More
Discover what Dividend Sustainability Ratings® Will Do For You
Learn everything you need to know in '7 Winning Strategies for Dividend Investors' FREE Special Report from The Successful Investor.
The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks.
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
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