Income stocks are stocks that produce above-average income, usually in the form of dividends.
An income stock usually has two distinct traits. The first is a high dividend yield. You can identify income stocks by their high dividend yields (the percentage you get when you divide a company’s current yearly payment by its share price). For example, stocks with a dividend yield higher than, say, 3% would typically be attractive to an income-seeking investor. Investors should note that a very high dividend yield can also be a warning sign of trouble (such as an imminent dividend cut).
Apart from a high dividend yield, you should look for a second trait: stocks that have a long history of paying (and raising) their dividends. For a true measure of stability, focus on those companies that have maintained or raised their dividends during economic downturns or recessions.
If you’re an income stock investor, you may wish to place more emphasis on Utilities and Canadian banks. That’s because these firms generally pay high, secure dividends, and have long histories of raising their payments, even during downturns. However, you’ll still want to make sure your portfolio is well-diversified across most if not all of the five sectors.
We feel that income stocks have a role to play in most investors’ portfolios. For the safest investments, follow TSI Network’s three-part Successful Investor strategy:
Discover how to build long-term profits with the right dividend stocks and put extra strength in your portfolio. Download our specific advice on how to identify high-quality dividend stocks when you get our report, The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks FREE!
Discover how to make the best stock picks—including growth stocks, value stocks, and income stocks
If there was a single secret to picking the best stock picks, everyone would know it by now. When you start investing, you may think the secret to… Read More
Steady growth in revenue and cash flow for Chemtrade Logistics Income Fund should help maintain an 8.1% yield for investors. That’s despite the trust carrying long-term debt equal to 87% of its market capitalization. Chemtrade is a buy.
CHEMTRADE LOGISTICS INCOME… Read More
The best income stocks have consistently paid dividends for many years.
Picking the best income stocks has become all the more important for income-seeking investors over the last few years. That’s mainly due to today’s low interest rates cutting bond yields and yields… Read More
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific investing advice on a wide range of investing topics. Each Investor Toolkit update gives you a fundamental tip… Read More
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific investing advice on a wide range of investing topics. Each Investor Toolkit update gives you a fundamental tip… Read More
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific investment advice on a wide range of investing topics. Each Investor Toolkit update gives you a fundamental tip… Read More
Pat McKeough responds to many personal questions on specific stocks and other investing topics from the members of his Inner Circle. Every week, his comments and recommendations on a selection of the most intriguing questions of the past week go out to all Inner Circle… Read More
Canadian Pacific Railway (symbol CP on Toronto) has long been a cornerstone of the Canadian economy.
CP was incorporated on February 16, 1881. The company began cross-Canada train service after the rail link to the Pacific coast was famously completed with the driving of the… Read More
FORTIS INC. $26, through subsidiary Terasen Gas, has formed a joint venture to build an experimental biogas project in West Vancouver. This facility will capture and purify gases from a sewage treatment plant, and then inject the treated gas into Terasen’s gas distribution system. If… Read More
Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' FREE Special Report from The Successful Investor.
How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.
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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
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