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.
 How Successful Investors Get RICHLearn everything you need to know in ‘The Canadian Guide on How to Invest in Stocks Successfully’ for FREE from The Successful Investor. How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger. |
You Can See Our Conservative-Growth Dividend Payer Portfolio for April 2025 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… Read More
J.P. MORGAN CHASE & CO. $251 is a buy. The bank (New York symbol JPM; Conservative-Growth Payer Portfolio, Finance sector; Shares outstanding: 2.8 billion; Market cap: $702.8 billion; Dividend yield: 2.2%; Dividend Sustainability Rating: Above Average; www.jpmorganchase.com) is the largest banking firm in the U.S., with total assets of… Read More
U.S. telecom Verizon recently warned of slowing wireless subscriber growth due to the uncertainty over inflation and tariffs and the impact on consumer spending. However, the stock remains a solid choice for reliable dividend income. As well, the company’s upcoming purchase of a fibre-optic TV… Read More
SUN LIFE FINANCIAL INC. $82 is a buy. The stock (Toronto symbol SLF; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 573.9 million; Market cap: $47.1 billion; Dividend yield: 4.1%; Dividend Sustainability Rating: Above Average; www.sunlife.ca) lets investors tap Canada’s third-largest life insurance company by market cap after Manulife… Read More
3M COMPANY $153 remains a buy for long-term gains. The company (New York symbol MMM; Income-Growth Portfolio, Manufacturing sector; Shares outstanding: 542.9 million; Market cap: $83.1 billion; Dividend yield: 1.9%; Dividend Sustainability Rating: Average; www.3m.com) spun off its Health Care division as a separate firm, called Solventum Corp. (New… Read More
POWER CORP. OF CANADA $51 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 644.8 million; Market cap: $32.9 billion; Dividend yield: 4.8%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) holds controlling stakes in Canadian financial services firms Great-West and IGM. It also… Read More
Both Great-West and IGM recently exchanged some assets as part of a plan to better concentrate on their main businesses. We like both but still see IGM as the better pick.
GREAT-WEST LIFECO INC. $54 is a hold. The company (Toronto symbol GWO; Conservative Growth Payer Portfolio, Finance… Read More
These two pipeline firms continue to add new projects backed by long-term shipping contracts. Those steady cash flows will let them reward investors with higher dividends.
PEMBINA PIPELINE CORP. $57 is a buy. The company (Toronto symbol PPL; High-Growth Dividend Payer Portfolio; Utilities sector; Shares outstanding: 580.6 million;… Read More
RESTAURANT BRANDS INTERNATIONAL INC. $97 is a buy for aggressive investors. The fast-food operator (Toronto symbol QSR, High-Growth Dividend Payer Portfolio; Consumer sector; Shares outstanding: 452.0 million; Market cap: $43.8 billion; Dividend yield: 3.6%; Dividend Sustainability Rating: Above Average; www.rbi.com) will raise your quarterly dividend by 6.9% with the… Read More
As consumers shift to healthier foods, these two Consumer-sector companies are adjusting their products and cutting their costs. That should help protect their dividends.
CAMPBELL’S CO. $39 is a buy. The company (Nasdaq symbol CPB; Conservative-Growth Payer Portfolio, Consumer sector; Shares outstanding: 298.1 million; Market cap: $11.6 billion;… Read More
H&R REAL ESTATE INVESTMENT TRUST $10 is a buy. The REIT (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 262.6 million; Market cap: $2.6 billion; Distribution yield: 6.0%; Dividend Sustainability Rating: Average; www.hr-reit.com) has 374 residential, industrial, office and retail properties in Canada and the U.S. Its occupancy rate is… Read More
Demand for office space continues to recover from the COVID-19 pandemic and the shift to remote work. That will help these two REITs maintain their distributions.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $17 is a buy. The REIT (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units… Read More
EXCHANGE INCOME CORP. $51 (Toronto symbol EIF; Shares outstanding: 51.3 million; Market cap: $2.6 billion; Dividend yield: 5.2%; www.exchangeincomecorp.ca) operates in aviation and manufacturing.
Aviation (62% of its revenue) serves communities in Manitoba, Ontario, Nunavut and eastern Canada through regional airlines. As well, through its Regional One, it… Read More
CIBC recently announced that Victor Dodig will step down as CEO in October 2025. His replacement, Harry Culham, currently heads the bank’s capital markets division.
We expect the new CEO will continue to focus on cutting non-interest costs, which will help the bank offset any negative… Read More
Dream Office’s high-quality boutique office buildings (unique buildings with smaller floorspace) should outperform older buildings during this period of weaker office fundamentals. Recent initiatives, like the sale of 438 University Ave., have strengthened the REITs balance sheet and liquidity, and they also support its high… Read More
Shopping mall operator RioCan REIT cut its monthly distribution by 33.3% in February 2021 as retailers shut down due to the COVID-19 pandemic. As the restrictions eased, the trust has resumed annual distribution increases. Investors should also benefit from RioCan’s high-quality tenants and rising cash… Read More
TC ENERGY CORP. $67 is a buy. The company (Toronto symbol TRP; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.04 billion; Market cap: $69.7 billion; Price-to-sales ratio: 2.5; Dividend yield: 5.1%; TSINetwork Rating: Above Average; www.tcenergy.com) spun off its oil pipeline business as a separate company… Read More
Utility stocks like Fortis (see page 31) remain solid choices for investors looking to lower tariff-related risk.
Here are three more utilities that we feel are excellent choices for most portfolios. All of them are expanding their rate-regulated businesses, which will help them profit from increasing… Read More
We’ve long recommended electrical power utility Fortis as a pick for steady growth and reliable income. The stock is even more attractive right now in light of the escalating trade war with the U.S.
While new tariffs on steel and aluminum could increase the costs of… Read More
You Can See Our CWA REIT & Trust Portfolio For March 2025 Here.
We think investors will profit most—and with the least risk—by buying shares of well-established companies with strong business prospects and strong positions in healthy industries. You should also take care to spread your… Read More
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What personal information do we collect?
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