High dividend stocks canada reddit to as a high dividend basic materials and mining ETF. There's an ETF that is specific to the big 5 banks in Canada. Particularly for Canadian companies, holding the index already pays like 3% dividend. A Canadian high dividend fund like VDY has similar yields with higher capital growth. With Canadian stocks, I put the higher dividend paying ones in my TFSA and lower dividends ones in my taxable account. Ex-dividend dates for these ten stocks are approaching, but you still have time to buy. It has a 0. So while a dividend ETF is convenient and has a much lower share price than most of these stocks (if that matters to you), there’s no special ‘magic’ being done by the fund provider but they will still take their commission (MER) out of those dividends they collect on your behalf. Popular dividend paying stocks are having a rough time because people who normally buy them are switching to risk free options giving 5%. In a year or two when the markets recover DGS will be a strong and reliable dividend payer. 7% annually. 45. 077 to 0. 15% for global markets generally, while the non-dividend stocks averaged 5. So when you look at one stock with 6% growth and 1% dividend CAGR it is basically the same as a stock with 4% growth and 3% dividends CAGR and the divs reinvested in it. Remember, this is a subreddit for genuine, high-quality discussion. It's as irrational as picking a company because you like the letters of the ticker. And value stocks are riskier. Good chance those stocks will go down 80% in a few years. HDIV. xx%. The highest-dividend stocks returned an annual average over 18% vs. I like LIFE. I’ve often read that dividend investing is something to be done close to or in retirement. Look into a successful dividend fund or ETF. one paying a smaller dividend means they It does have something to do with a TFSA. They pay dividends and are clearly not value stocks. 083. If you'd like to have a dividend payout to live off of or use as passive income, that's fine. A dividend cut = share price decline (it may rise right away because people think that cutting a dividend preserve cash earned BUT when everyone's portfolio is taking a beating, they'll want to divert that cash to a stock where the dividend is unscathed therefore any immediate rise in stock price of the bank that cuts their dividend rate will be clawed back soon after). Stock has been dead flat for 10+ years (like it's literally the same price since 2011) and is on a downward trend. I have bought enbridge, air canada, TD, dfn and apple The current price for any stock or sector is based on the market's opinion of what it is worth and that opinion includes the expectations for future growth. We want common sense housing laws that ensure: transparency and ample housing stock, to make Canada's housing the most affordable in the G7. There aren't many consistent high yielding dividend payers like PDI. I also have very limited knowledge on finance/stocks. to and FHI. Most people earn employment income though, which pushes the dividend income into a higher bracket so "negative tax on dividends" rarely the case. 316% LFE / Canadian Life Companies 25. Tsx lagged bcuz of financial but we see now rotation to the canadian banks even from the states with the exposition to oil (small but still). Get the Reddit app Scan this QR code to download the app now. I also know that once dividends are paid, the stock price typically drops by the same amount. Hey dividend investors ! I own individual stocks of 2-3 « dividend aristocrats » (TD, MFC, SU) and an ETF focused on companies with high dividend yield (XEI). I monitor Canadian Dividend stocks once a month and rate them based on price and dividend. to and TXF. If you have 30 years to go, be sure to buy growth as well. to has been doing well for me. In 2017 I read a great one on seeking alpha about these three building blocks. Take a look at stock movement before and after ex-dividend dates. TO) or Blackrock's iShares Composite High Dividend Index ETF (XEI. Over a ninety year period for US data, the total returns for no-dividend, low-, medium-, and high-yield US equities was basically the same: Welcome to r/dividends! If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki here. If you are new to investing, you should spend some time learning about why high dividend equities are high, and why chasing these is dangerous. A high yield with low to no price or dividend growth means that your yield is the same in 10 years. The index ETFs are full of good dividend payers. You simply use your dividends for cashflow instead of selling low (the number 1 rule of investing is not selling low) Some people say we are starting a commodity super cycle and REITS may work because interest earning stocks like banks will outperform. That’s just silly. The US index ETFs pay low dividends and have a lot of low profit tech giants with AI hype. to as a high dividend utility ETF. yield low growth. Ultimately, as a dividend stock and dividend growth stock, I like ARE a lot more. I joined Dividends Stocks R ock (DSR - Mike Heoux) a few weeks ago. Instead, dividend stocks have value characteristics. At closing prices today $5. Low-ish expense ratio with calls written on individual stocks instead of an entire index. Ens. e U. In Canada, some top dividend stocks include: Procter & Gamble Pembina Pipeline Brookfield . BCE is likely to keep raising its div (even if it may have to slow the growth from the normal 5% annual). Dividends, aren't income to begin with as the share price is reduced on the ex-dividend by the stock exchange. I own some US stocks in my tfsa. Be sure to investigate whether they return your own capital to maintain dividends and look at the past 5 year performance. I like BASE. Instead, their stock broker is recommending 100% high dividend yield stocks, and specifically, heavily weighted in the "big 5" Canadian banks. any stock has the ability to pay a big dividend or a little one. My strategy is focused on dividend reinvestment (DRIP). In 2022 DGS paid dividends 10 months out of twelve. Now I'm not sure how the taxes are with foreign investments. Reddit is against dividend investing, covered call ETF's, and a lot of the stuff I am invested in. For example if you deposit 5k and buy 15k worth of stocks then you are paying interest on 10k however the yield is calculated on the 15k worth of stocks. But by concentrating one’s portfolio in Canadian high yielding stocks, they expose themselves to idiosyncratic risk and reduce their total risk-adjusted return. Eligible Canadian dividends can have preferential treatment when you combine the dividend credit at lower tax brackets. 29 votes, 58 comments. r/CanadianDividendStock: A community to discuss Canadian Dividend or Distribution paying stocks. So whether capital gains or dividends would be more tax efficient would depend on how much income is made and whether or not your dividends are eligible. 99% quarterly). Assuming your emergency fund is secure in a HISA, the rest would almost certainly do best if put towards shares in a broad market ETF. 5% yield that has the risk of contraction or falling share price when you can park your money in a GIC, high yield savings, or other fixed income vehicle that pays 4 to 4. ~~~~~-- Expert in a field related to housing and would like to do an AMA either anonymously or publicly? Dividend growth stock. ve seen below you're Canadian? Do ou stick with stocks from Canada or do you combine your picks with i. Note: the "re-invested money from the dividends" helps to compound the growth of dividends, but please note that all stock returns are compounded. It also depends how long you plan on holding it. TO is an TD etf with all the best, most reliable dividend payers throughout Canada. 40% dividend in your TFSA. No bonds. It focuses on High Earners, defined as individuals in the top 10% income bracket (earning over $146,000 pre-tax individually, as per 2023 ABS statistics). I don't buy and sell often, so I think this type of strategy works well for me. Two of their recommendations were HSY and ABBV. They've raised the dividend once since inception as well, as the share price has grown. If the market crashes and you lose your job, you do NOT have to sell your stocks at a low point. It’s also funny how no one seems to mention this, clearly a lack of knowledgeable advice by everyone lol. Price has grown consistently since inception and has even held up in some of the recent turbulence. Stocks that pay a dividend grow their dividend but with plenty of potential for appreciation. The stocks are calculated based on the number of posts that mention each stock on Reddit based on the criteria selected. But don't invest in dividend stocks thinking they'll perform the best. upvotes · comments High dividend ETFs, when put in tax advantaged accounts (Roth IRA) can be a great choice to start investing in while young. 50 you still only get $5. BUT if you're the kind of diversified investor that holds fixed income, it might be worthwhile to hold all your fixed income investments in your TFSA and your Canadian dividend payers in a non-registered account. I had an understanding of the Canadian stocks because I am Canadian. This relationship of stock price and dividends is important. Canadian stocks have historically done very well with lower than average volatility. Also sidenote, while AAPL stock is loved by many, it's 5 year average dividend CAGR is only 7. Get the Reddit app Scan this Lots of canadian companies with good dividends in the 5 percent and some slightly higher. The high price means a lower starting dividend yield, and more downside potential if the market reprices the stock downward. The question is whether growth stocks or dividend stocks are more suitable for a TFSA. They pay monthly dividends and as Canadian dividends are taxed at a lower rate but you can't expect the same growth as you might with an equity ETF. ask yourself 'why' you are investing and what your goals are. As far as stocks, I personally hold MFC. Even hydro one is up $10 since 2015. Companies like Enbridge, Toronto Dominion, and Oct 8, 2024 The iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ) offers exposure to a portfolio of high-quality Canadian dividend stocks that have increased dividends for five View a list of TSX and TSXV stocks with the highest dividend yields. For REITs I own a few, REI, TNT, H&R, Slate Grocery, SRU and looking to add Welcome to r/dividends!. There's more to it than 'like' - Dividends are a cashflow mechanism. Wealth is generated by growth and dividends. Please keep buying enough shares to make $100 in 100 different stocks dividends companies so by just investing into 100 different stocks dividends just to make $100. 05%, holds 222 stocks with only 38% in the top ten and a 0. ZEB and ZWB for a covered call position. If the stock price went up, on low volume, combined with an excessive dividend, that's a whole field of red flags. The dividend tax credit does apply to eligible Canadian dividends, however this preferential tax treatment would not benefit you in a registered account such as a TFSA or RRSP as this income stream would not be subject to tax in any The more important question is "Why do you want to hold dividend paying stocks?" Dividends aren't free money. I like his thinking (lower yield and higher growth). Bonus if you’re Canadian or are interested in the Q: What are the highest dividend-paying stocks on the TSX? The TSX features several high-dividend paying stocks that can be attractive for investors seeking income. In fact, vdy has slightly outperformed the Canadian index long term when dividends are included. Your TFSA is a tax-sheltered account, whereby capital gains, dividend income, and interest income are not subject to tax as they are earned. A 15% tax on dividends means a US stock that pays a 4% dividend will instead give you a 3. I'm fairly new to investing, but have been looking up high dividend stocks and ETFs. Lower yields provide less income now, but price and dividend growth mean that in the long run, your dividend returns will surpass those of a high yield investment. These are what I believe to be the safest, highest yielding stocks in Canada: ENB - Enbridge T - Telus BCE - Buy divided paying companies that have low dividend payout ratios (EPS and / or FFO), decent growth rates and yield. There are lower dividend stocks that provide growth opportunities, like ABBV, HD, LOW. true Get the Reddit app Scan this QR code to I can understand if someone is buying some mining stock with a big dividend if the stock is trailing the commodity price and they think the stock will catch up to the commodity price or something else cyclical but Canada's high population growth through immigration means a lot more Welcome to r/dividends!. A few years ago, you could count on your hands the number of Canadian large caps paying a 5% dividend. Stocks like Microsoft may pay a relatively small dividend, but they increase it every year. They will list their top ten holdings. 5 majors banks will go to ATH this year, look at targets you can see that some (bns and td) have huge upsides Welcome to r/dividends!. It's a struggle between the two because some people want the quicker upside which you get from growth stocks while others want the sustained growth that a dividend can give them. Remember, this is a subreddit for genuine, high - What account will this be in? TFSA? i ask because in Canada, dividends are taxed more favourably. So I have built up with VEQT, SCHD and O (makes up 42% ofmy portfolio). There are plenty of well established companies paying 4% plus. Banks, utilities, energy, Here, you can easily find high dividend paying stocks with large market capitalizations. Well, as far as dividends, Aecon has raised theirs every year for the last decade. They provide true value based on numbers, not feelings. This might not be long term. High Beta, high market correlation. As they talk about here, often high dividends mean the stock price went down. Please direct all simple questions and "Rate my Portfolio" requests towards the Weekly Discussion Threads (sort by hot, they're at the top). You're just throwing away tax advantage if you do that. So there's that. Silver, Economic Dystopia, Lewds, Waifus, OC post it all :D This is a place where all Meme Creators can shit their art all over the place :P *This sub contains some NSFW content* *English posts please!* Dividend stocks aren't any safer than any other kind of stock. e. I hold many dividend stocks myself, but the dividend rate is not the deciding factor in choosing them. It has dividend growth, likely not much capital growth. Canadian Dividend Stocks . I wish there were more articles on this type of dividend stock. Essentially I am hoping to throw about 1000$ CAD a month into an ETF similar the above. I know you need to purchase before the ex-dividend date to receive the dividend. Dividend stocks do not have a higher expected total return than non-dividend paying stocks. The withholding tax is $0. His study looked at Australia, Austria, Belgium, Canada, Denmark, France, Germany, Hong Kong, Italy, Japan, Netherlands, Norway, Malaysia, Singapore, Spain, Sweden, Switzerland, the UK, and the United States. If company A and B are both at 10$, Company A pays dividends while company B doesn't. I won't go over 10% of portfolio in this type of investment instrument. Sort (iShares S&P/TSX Composite High Dividend Index ETF) our community is the best way to get help on Reddit I like to keep things and simple and when I look for stocks I like to analyze and decide the best and most diversified companies. It's not a stock that you invest into for the dividend pay, but the stock overall had a 16% growth last year, and it's been up 20% since I've had it. However, as with any stock, there is still risk involved, and the stock price could be lower when you need to sell. RIET (10. 377% BK / Canadian Banc Corp 15. From another commenters suggestion in this thread i’ve now added IPL. While the future is uncertain, oil still plays a big role in many industries beyond energy, like agriculture and cosmetics. Putting your money into a 10% yield stock is the same thing as an ultra high risk growth stock. I noticed there's no mentions on Reddit for CUEH. The answer is no, they are both highly suitable for a TFSA. High yield, pays monthly There is also r/dividendscanada but it's a much smaller and less active subreddit. Growth stocks and dividend stocks are for different purposes such as wealth accumulation or distribution. This is a compensated risk called the value premium, and it Here are my picks for some of your categories. MSFT dividend yield is 0. You need to look for positions that have a combination of share price growth PLUS stable dividend yield. TQCD. currently yields around 9. that can always change and at first, high dividends appealed to me as well. This is perhaps different than in the US where many large companies may low or no dividends, so a cap-weighted dividend ETF for US equities likely gives significantly more dividend yield than a broad, capped index etf. 90 DGS is yielding over 20% per annum. to. EDIT: BMO also offers many ' speciality income ' funds (I imagine iShares and other providers do, too), including covered call ETFs with yields above 5%, but these come with higher MER and aren't necessarily going to perform any Welcome to r/dividends! If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki here. It pays an 8% yield in monthly payouts. Updates and news about Canada's housing crisis. Don’t load up in just one industry as diversification adds safety. and foreign dividend paying stocks What is your background. Purchasing stocks with monthly dividends allows investors to align their portfolio income payments with their typical monthly outgoings. Or I have a Canadian dividend fund (VDY) in my taxable account, a US dividend fund (VYM) and global high-interest savings – RRSP or TFSA Canadian stocks and preferred shares – Non-registered (taxable) account U. If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki here. largely just holding different allocations of the same companies. Reply reply For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, For Canadian dividend stocks, I use both approaches. The Board of Directors determines dividends. Forget about the stock advice here. But in my soul, I prefer to buy the shares The down votes lol once one questions the religion on Reddit plakotta • If you invest all or most of the dividends from high yield ETFs you will eventually increase not only capital but also income. Don't get hung up on the stock(s) dividend yield having to cover the interest rate because the use of margin changes the calculation. Even 52WH for banks that only means pre-cogid level while sp500 made 15% last year and us bank are all time high. Looks like it is time to start buying TLRY and other Marijuana stocks 13 votes, 28 comments. Moreover, all 10 stocks are trading near their 52-week lows, so you can buy them for a bargain. I made a post about this in this sub-reddit, look it up in Here’s the other thing, in Canada growth and income are kind of similar. Ticker is ET. The notion that dividend stocks have higher returns than similar non-dividend stocks have been proven to be untrue. You can auto-reinvest the dividends which effectively increases the maximums you're allowed to contribute to those accounts, and you don't pay taxes on the dividends yearly as you would in other account types which means you get higher returns. We are Silver Degens. I have Canadian banks, utilities, telcos and energy stocks. If you want to own US dividend paying stocks then it's best to put those in your RRSP. It seems like the only obvious problem is the lack of diversity from this ETF. They are making money sell the call options to pay the dividend. It's essentially a forced sale of some of your stock every quarter. So would it be wise to buy this ETF and perhaps invest in some other high end dividend stocks from another sector? For instance, Bell has a high dividend. Most stocks don't pay a very high dividend, and most of your profits will be from capital gains. Dividend payouts are a taxable event. Over time if they keep increasing the div then the stock will go up and make it way better than a shit stock with a super high div. S. Internet Culture (Viral) Amazing According to Vanguard, the top 10 Canadian High Dividend Yield stocks are the following: Royal Bank of Canada (1-1-2-0-0) Toronto-Dominion Bank (1-0-3-1-0) VDY - My primary Dividend ETF (Dividends change monthly based on the underlying stocks) XEI - Another popular dividend ETF (Dividends are smoothed out and the same each month) For individual stocks, the only stock I have in my portfolio, KEY (Keystone Pipeline) has done very well for me, but I don’t recommend buying monthly Dividend payers because of their They have been paying the same dividend for the past 8+ years, not including the occasional bonus dividend. It seems like the high dividend stocks come from these financial institutions here in Canada (mostly). Or check it out in the app stores     TOPICS. High dividends are alright but the highest dividend payers are typically crap. In a turbulent stock market like we have right now I prefer companies that give out dividends, but also want to make sure they actually have upside to them before For that reason, you’ll rarely see growth companies, small caps, or start-ups issue dividends. II 19. I'm gonna have to look up they're payout ratio Another new ETF paying a monster dividend (we'll have to see its long term growth). It’s called total I found some insanely high paying Canadian dividend stocks : LCS / Brompton Lifeco Split Corp 14. Canada = XIC Developed International = XEF These 2 must offer dividends on top of that. 5% yield) - HOYA Capital High Dividend Yield This pays monthly dividend, and is exposed to real estate sector. Products like Vanguard's FTSE Canadian High Dividend Yield ETF (VDY. It's wise to diversify your portfolio and not solely rely on a few stocks. I go the DIY route. Silver, DD and dank silver memes, Breaking the COMEX, one waifu at a time. 5% with zero risk to your principal. Here are my top 7 Canadian dividend stocks that I am building a portfolio around. Now, some points: You shouldn't pick a stock to maximize dividend yield. Many dividend investors like MO, though it’s not for everyone. Last time I looked this is a group that discusses dividends. 475% DF / Dividend 15 Split Corp. If the price of the stock lets you only buy 10 shares even if the dividend is $0. HMAX (13% target yield) Canada's highest yielding fund manager launches another high yield ETF (No Leverage this time) Other while providing exposure to a market cap-weighted portfolio of Canadian financial services stocks. It requires more involvement and you gain experience which you need to become a successful investor. After they either dilute or sell out, they'll drop the dividend Primarily invests into healthcare companies Never cut their dividend as per Seeking Alpha BST - blackrock science and technology fund. I like HTA. My general idea moving forward is 5 Canadian dividend stocks (TFSA), 5 growth stocks (TFSA) and 5 US stocks In Canada the dividend tax credit will allow a household to make up to around $80k in eligible dividends tax free. SG dividend About 25% of my portfolio is in Singapore dividend stocks: DBS, CDG, Haw Par, That's 2. Foreign dividends are 100% taxable income. 3%, its a new fund and they haven't cut their dividend yet. Holding a dividend fund pushes you to 4%. Not to mention lower risk. On top of that, if a good dividend paying title has high debts (like the whole telecom and utilities sectors) they're getting double hammered. But from what it seems it's not the best approach to depend on a high dividend stock. TO, SCHD, CN Rail, Couche-Tard, Intel. 28%, dividends of 3. Yes they can be cut but if a stock has paid dividends, preferably increasing, over decades it is unlikely any cut, barring a catastrophe will occur. Sure, if you want to optimize, aim to have US dividend stocks in your RRSP and US growth stocks in your TFSA, but on the list of decisions that affect people's wealth, this is pretty low down on the list. 417% DGS / Currently I get 47k annually in Canadian eligible dividends from my portfolio and this is my only income ( I pass on the dividend to myself personally every year ). Regular dividend increases, great yield, payout ratio is about 1/3 of their net income, and they have been growing their income and revenue consistently for years. People get weird about dividends. Discussion is geared towards investment opportunities that Canadians have access to, including questions regarding individual companies, Most of the large caps in Canada are banks and energy companies, both of which pay high dividends in general. dividend aristocrats are qualified companies that pay consistent dividends. , Depends on the stock. Today, that rate looks almost ordinary. Which is to say, just because a stock pays a dividend doesn't automatically make it a While most dividend stocks pay out on a quarterly basis, most personal costs are recurring monthly. I like HUTL. Don’t know what you trade with but Fidelity has a screener where you can check the fundamentals of said REIT; I. if I had 47k capital gains , there would be taxes, even when taking into account that capital gains are taxed 50% and the non taxable portion can be tax free through capital dividends . Some of these issues can be addressed by adding quarterly dividend large cap stocks to the monthly dividend stocks, picking stocks with good track records of client businesses and dividend payouts instead of focusing on highest yield, the dividend compared to risk free gic is no longer attractive In the short run. For my US coverage I am not savvy enough to pick individual stocks. Discussion is geared towards investment opportunities that Canadians have access to, including questions regarding individual companies, If your dividend stocks were all Canadian listed then it’s fine to use the TFSA, high probability this is not the case though. 5% expense ratio which is high according to people here. What's the point of buying a a position for 4. Canadians interested in investing and looking at opportunities in the market besides being a potato. PPL - Pembina Pipeline - Transporting all that oil and gas will be with us for a long time. THAT WAS MY WHOLE POINT. Financia/utilities/ insurance I would look at a portion of this type of fund to increase the income generation in early years. ) Without understanding how the div growth could be near-zero for a decade despite most Canadian div stocks growing their dividends over all that time, I was not comfortable buying it. Please keep all contributions civil, and report uncivil behavior for moderator review. Especially over the long term, this would hold true. I initially have learned alot about value investing, and then moved on into just simply investing into something like an index fund that mimics the s&p 500. If you intend to hold your money longer-term in something income-generating (GIC or dividend stock) then the GIC actually does have a risk: reinvestment risk. It only makes sense to keep Canadian dividend stocks in your TFSA up to your maximum contribution room. 92%, which is currently around $3 dividend per share. Reply reply Since being down a shitload on my initial investments, I'm almost even after focusing on "boring" stocks like TD, Costco, Google, VFV. Some dividend stocks for Canada i think you can look at are aqn, bepc, big 5 cad banks and reits like rei-un, scr-un, hr-un and nwh-un Don't always go for the highest dividend yield it can be a trap as the fund or stock itself might have some issues. Most canadian dividend paying stocks are stable profitable companies. Here's a Buy Canada - TSX is dominated by banks/financials, materials, utilities and energy (all good dividend stocks) XIC ave 5 year return of 8. Look into DIVO. to for high dividend healthcare etfs. Welcome to r/dividends! If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki here. 94%, which isn't good enough to qualify as a high dividend growth stock in my book (though I still hold a modest position in it), especially since their more recent dividend raises have been getting smaller and smaller. Edit: Forgot to mention, BCE dividends are eligible for Canadian dividend tax credits, which means the dividends are essentially tax-free (up to 60k-ish). In other words, if a stock is trading at $100 and they issue a $1 dividend, Welcome to r/dividends!. Anything in financial, utilities, communication. I'm excluding ETFs and non tsx stocks. TD dividends are eligible for tax credits for Canadian residents, so as long as you don’t sell the stock and realize capital gains, it doesn’t really matter whether you hold this stock in taxed or tax-free accounts, the return in the form of dividends is tax-friendly or even tax-free (depends on your other incomes), you’re better off using your TFSA/RRSP rooms for growth stocks. Eligible dividends are most Canadian stocks or etfs holding Canadian stocks. Oil dividend stocks like XOM and CVX have been solid for investors, offering good dividends and growth. to or Bk. That's where you want to be. However, it's not because of the dividend. Equity Index ETF (CAD-Hedged)] which has a low price, but one of the highest dividends I've seen (20. Then there is time horizon. Dividend stock performance in Canada. Ê÷þÿÅ À Y$ PTA ƒâ RÚ‡ R Ý R—Hí ê¢Nç@j/èÖÎ å Do you know Canadian stocks that offer high dividends and are relatively safe? I purchased a lot of ENB stock and I really have been enjoying the number I get in dividends. Was looking for another pipeline, looks good to me. Investors can also find high returns with numerous companies that pay monthly dividends. Dividends stocks (as a group) tend to outperform the broad market. ADMIN MOD Dividend Stocks Rock . Market theory dictates that dividends are priced into share value. Or My picks for solid Canadian dividend stocks are TD, T, RY and BCE, Rogers is the lowest valued of the 3 telcos based on P/E and had the highest RoE yield with the lowest Dividend payout %. I also prefer stocks that pay monthly rather than quarterly. -> Stocks with high dividend. Supplements income with writing covered call contracts Welcome to r/dividends! If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki here. Quick look at the top holdings are all growth stocks. As I mentioned before, you should be looking at free cash flow. There is no difference financially between a dividend stock and a stock in which you sell a small portion each year. Since we’re pretty different from the US, you’ll find lots of telecom, energy and banks. 05% management fee (38% financials, 13% materials) ZCN has slightly less financials, slightly more balanced sectors Food for thought, if American; canadian bank stocks are the way to go since you get a great conversion rate for high dividned yields. There are a lot of people saying on here that companies paying over 4% dividend is a red flag. So I started building with what I knew. They pay monthly and contributions come from dividends and tactical cover call writing. If you want why would you invest in ETFs vs high dividend yielding I suggest that you read the dividend myths series that begins on this page. Otherwise too many stocks, could be made simpler by just throwing more money into XIC - which I also own. The change percentage is the change in posts since the previous time period of the same length. Looking for thoughts if it's recommended to buy into this ETF ? Remember, this is a subreddit for genuine, high-quality discussion. You could end up with more stocks which are similar value, vs the original Welcome to r/dividends!. You also seem to imply that dividend stocks you are DRIPing aren’t going to drop 20-40% in a recession as well. 00 every month from each of This is the Clover Health Investments Reddit Discussion Hub I’m not Canadian, nor do I live in Canada (or ever been), but I love Canadian dividend stocks. Enbridge on steroids Dfn. To reduce volatility and augment dividend income, HMAX will employ an active covered call strategy. 5x yearly free cash flows) and are trading at 46x free cash flow on a valuation basis. The BMO Canadian High Dividend Covered Call ETF (ZWC) has been designed to provide exposure to a dividend focused portfolio, while earning call option premiums. It's basically a mutual fund that has all the stocks that you would want to invest into when there's war. When a dividend is paid out, the stock price is reduced by the same amount as the dividend. 87% for the base index. They have a tremendous amount of debt already (27. What are your Top 5 Dividend Stocks for January 2023 that you would suggest others to buy this month? Skip to Get the Reddit app Scan this QR code to download the app now. 157% DFN / Dividend 15 Split 14. So if you reinvest the divs, the overall "Value" can be comparable to another stock that had no divs but capital growth. That simply isn’t sustainable, the moment that company declares a lower dividend that stock will sink like the titanic. Or check it out in the Remember, this is a subreddit for genuine, high-quality discussion. Too high of dividend yield may indicate a dividend cut is imminent and r/dividendscanada: This community is for all things dividend investing no matter your experience. They won’t be high growth stocks, but the slow and steady ones. Everyone has their preferences, here are some of my favorites. 00. For non-reit high div stocks I’m in SIA & KEY. Energy Transfer is a solid “cheap stock” with a high dividend. Whoop de do. Zero taxes . /Australian/European What you recommend to start the snowball? low positions every month or medium positions every 3 months for example? Dividend Stocks Trending on Reddit. When it comes to finding the best dividend stocks on the ASX, it's essential to conduct thorough research and consider various factors. What's with this subreddit and pumping this dividend stock? Just google the damn symbol and look at its decade long performance. I am looking at covered call ETF's to provide on higher dividend for re-investment portion. For US stocks such as AMZN and GOOGL that don't pay dividends, you can own them in any account without fear of withholding taxes. 42% annualized returns for the high dividend index and 8. Thoughts on this? I know there are dividend fans out there, and Canadian banks have a reputation for being very safe in terms of protecting capital. When you look at your portfolio, which stock do you wish you had more of? one of my safest stocks with a great dividend I own Reply Spiritual_State3336 r/dividends • High dividend stocks. This is the current list of stocks that are trending on the social media forum, Reddit. Also, I know you aren't calling MSFT and AAPL value stocks. r/canadiandividends: Canadian dividend paying stocks. The polar opposite to BME. You don't want to hold cash, or low-yielding, high-security bonds in your TFSA, for example. These all in my TFSA. From Jan 2012 to Jun 2022 the monthly div moved from 0. Moving the value proposition offered by a subscription would likely not be as high. The term 'Rich' here refers to having workable assets exceeding $2 million, including super, excluding the home. Funnily enough, when the Trinity study was first published, Canadian stocks were one of the few stock markets that could actually sustain a 4% withdrawal rate for 30 years with basically a failure rate of 0%. TO [CIBC U. It sometimes went high or lower along the way, but that was the start and end. Counting dividends, I'm currently up on every single investment except the initial 3 Most of my income investments is high quality in dividend stocks. ~~~~~-- Expert in a field related to housing and would like to do an AMA either anonymously or publicly? Updates and news about Canada's housing crisis. The Board knows people invest in those stocks for dividends. Many of the highest are deeply red. Thus what is the best time in a monthly cycle to purchase a stock that pays monthly dividend. And there is withholding tax on US dividends on margin accounts. BDTs dividend has been the same for the past 5 years, no raises, and this was after cutting it in 2017. Please keep all contributions The valuation is crazy high for the industry, they pay out more than the fcf in dividends, so all the growth is going to be funded by debt/dilution. We Love Silver and Meme Creators. RIT has performed similarly to VDY in terms of both growth and yield this year, but I think the high growth was all due to COVID recovery and is pretty much tapped out now. What other Canadian stocks do you think are safe, that provide high dividends? Companies like MSFT & AAPL are "safe" dividend growth stocks, but you have to pay a premium for them because they're such high quality companies that everyone loves. Although the ETFs you listed are not considered high dividend. You will be surprised, each fund has probably 8 stocks held by the other funds. It's an etf that holds a mix of other high yield etfs in a multiple sectors. The underlying portfolio is yield-weighted and broadly diversified across sectors. High Central Bank interest rates are good for insurance companies, and they haven't been this high in years, I doubt Manulife willl ever go to 30, but they've kept thar divided in check. Yes the dividend component is higher, but the sum of the dividend and the capital gain is not. to (Manulife). High dividend yield is appealing, but you should also assess the company's financial health, dividend sustainability, and growth prospects. So if a stock pays dividends, you would expect its stock value to be proportionately lower in stock price than the same stock that didn't pay dividends. Good place to seek such stocks is Dividend Aristocrats or Dividend Champion list. to for high dividend and growth technology etfs. no such thing as 'Safer'. Most of the usual Canadian dividend payers are between 4%-6% at the moment. Bonus if you’re Canadian or are interested in the Canadian market Members Online • Minor_Mot. DGS is in the top ten (see my link of the top 50 dividend paying stocks). Google it. One downside is the fund only comprises of 20-25 stocks but they spread across different sectors and are quality dividend growth stocks that are large cap. . _=ŒHÍê Ð >çý¿/Óþÿÿþ| î]^ÒaGµ! bFåÑ„´t ’ ÒÎŒ _–°·A‰‘\INÂØþ{UË^+ÇKÓs®ríÊE£]‡ KW. Price is a very important factor in safety. TD -> TD, huge bank, great dividend history BMO -> See above CPX -> Energy company, younger dividend history with promising growth outlook ENB -> Canada's dividend king MFC -> Slow and stable long term growth for company and dividends Opinions on what is Canada best dividend etf, for stock appreciation, dividend yield and overall safest Share Add a Comment. RYLD might also fit the bill but be sure to reinvest dividends. TO) seem great. If you have a short time frame, or you don't want to take any risks with your capital, you might want to consider GICs at 4. I will ride this great dividend payer until I die! 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