#top dividend stocks tsx

[pristinegazee]

he Bank of Canada has already implemented three early rate cuts of 25 basis points each, yet pressures on Canadian households continue to mount, prompting forecasts for even more aggressive rate reductions in the near future. According to the latest stock market news today, CIBC anticipates a notable 50-basis point cut by October 2024. 

These initial rate cuts have sparked a significant rally in the real estate and telecommunications sectors, indicating further potential for growth that savvy investors can take advantage of. Additionally, the increase in the Canadian household savings rate, which rose to 7.2% last quarter from 2.9%, suggests a greater capacity for consumer spending, further bolstered by the anticipated rate cuts.

This environment creates compelling opportunities for investment in some of the best stocks listed on the Toronto Stock Exchange (TSX). We have meticulously compiled a selection of attractive stocks that not only offer favorable valuations and long-term growth potential but also provide substantial and consistent dividend payments. This combination presents investors with the chance for both immediate income generation and long-term capital appreciation. 

Explore our curated list of the best dividend stocks listed on the TSX poised for significant long-term growth.

[hamzaaslam]

Toronto Stock Exchange Unveils the 2024 TSX30, Recognizing the Companies Powering Canada's Economy

Annual ranking highlights top-performing stocks’ roles in energy security and electrification, and a shift from growth to value investing Toronto, Ontario – Newsfile Corp. – September 10, 2024 – Toronto Stock Exchange (TSX) today announced its sixth annual TSX30®, a ranking of the top 30 performing companies based on dividend-adjusted share price performance over a three-year period. The 2024…

[dailystockinsight]

Top 2 Stocks to Invest in 2024 for Long-Term Growth 

As the Canadian stock market hovers within 1% of its all-time highs, many investors are considering whether now is the right time to increase their holdings in TSX growth stocks, before the Bank of Canada contemplates rate cuts. The situation in the U.S. markets after Memorial Day adds another layer of complexity, with Federal Reserve rate cuts seemingly further off than some had anticipated. While inflation has markedly decreased, the Federal Reserve appears cautious, requiring more data before initiating what could be a series of interest rate reductions. Should inflation spike again, rate hikes might remain on the table. Central banks are notoriously difficult to predict, which is why seizing current market opportunities in TSX growth stocks can be a prudent strategy. 

Restaurant Brands International's Potential for Summer Gains 

Restaurant Brands International (TSX: QSR) emerges as a compelling dividend growth pick for the summer, especially after a significant, likely unjustified, 17% drop in share price. At around $91 per share, this correction may present a valuable buying opportunity. The fast-food sector has been under pressure as consumers tighten their belts in the face of economic recovery and lingering inflation concerns. More people are opting for home-cooked meals over dining out, but this trend could reverse as summer approaches. 

Brands like Burger King, a part of Restaurant Brands International, are well-positioned to capitalize on value menu offerings, which could attract cost-conscious consumers. Recently, Burger King introduced a $5 meal deal in the United States. Although this deal hasn't reached Canadian markets yet, it hints at potential future promotions that could boost customer traffic. Considering these factors, QSR stock appears attractively priced at 17.3 times trailing price-to-earnings (P/E), coupled with a solid 3.4% dividend yield. 

TD Bank's Contrarian Investment Opportunity 

TD Bank (TSX: TD) has been grappling with fears over potential money-laundering penalties and regulatory challenges, which have significantly impacted its stock price. The magnitude of these issues remains uncertain, and it is unclear how long TD might face restrictions on making deals in the U.S. market, a crucial growth area for the bank. Despite these uncertainties, TD Bank's robust capital ratio provides it with the ability to pay any penalties and engage in substantial share buybacks. 

Currently trading at around $75 per share, TD Bank's stock is nearing multi-year lows. The recent analyst downgrades due to the money-laundering concerns present a contrarian buying opportunity. TD Bank is a fundamentally strong institution, and its undervalued shares make it a tempting proposition. Even if the U.S. regulatory hurdles persist, TD can redirect its capital towards enhancing shareholder value through buybacks and other initiatives. 

Balancing Risks and Opportunities 

Investing in the stock market always involves a balance of risks and opportunities. The current environment, marked by uncertainties in interest rate policies and economic recovery, underscores the importance of a thoughtful investment strategy. For those willing to navigate these uncertainties, companies like Restaurant Brands International and TD Bank offer potential rewards. 

As the Canadian stock market approaches historic highs, now might be an opportune moment to enhance your portfolio, particularly with stocks that show promise despite recent setbacks. Restaurant Brands International presents a growth opportunity with its strategic positioning in the fast-food market and attractive dividend yield. On the other hand, TD Bank offers a contrarian investment play, with its strong fundamentals and potential for recovery despite current challenges. Investors should weigh these opportunities carefully, keeping in mind the broader economic context and potential central bank actions. 

[inveswithdavid]

Top 2 TSX Dividend Stocks for 2024 to Boost Your RRSP Portfolio

In the investment landscape, seizing opportunities during market downturns demands courage and foresight. Contrarian investors, in particular, acknowledge the potential for significant long-term returns by acquiring top TSX dividend stocks with a track record of growth at discounted prices. Within self-directed Registered Retirement Savings Plan (RRSP) portfolios, such opportunities are plentiful, offering a strategic path for investors to strengthen their retirement savings while positioning themselves for future growth.

TC Energy: Navigating the Energy Landscape

TC Energy (TSX:TRP) emerges as a formidable player in the North American energy infrastructure sector, boasting an extensive network of natural gas pipelines and storage facilities spanning across Canada, the United States, and Mexico. Despite recent market fluctuations, TC Energy remains steadfast in its commitment to operational excellence and value creation for its shareholders.

Strategic Initiatives and Growth Prospects

In response to rising interest rates and operational challenges, TC Energy is actively pursuing strategic initiatives to fortify its financial position and capitalize on growth opportunities. By monetizing non-core assets and optimizing its capital program, the company aims to enhance its resilience and unlock value for shareholders in the long run.

Dividend Stability and Growth Potential

TC Energy's unwavering dedication to dividend growth speaks volumes about its financial robustness and resilience. With a remarkable history of annual dividend hikes spanning over two decades, investors can count on TC Energy to provide reliable income streams and potentially seize future growth prospects. Presently, TRP stock boasts an appealing 7.4% dividend yield, rendering it a compelling choice for RRSP investors aiming for both income and capital appreciation within the TSX energy stock sector.

Fortis: Powering Ahead with Reliability

Fortis (TSX:FTS) stands out as a stalwart in the realm of regulated utilities, with a diversified portfolio of rate-regulated assets encompassing power generation, electric transmission, and natural gas distribution businesses. Despite recent market headwinds, Fortis remains resilient, driven by its commitment to operational excellence and long-term value creation.

Growth Initiatives and Revenue Outlook

Fortis's ambitious $25 billion capital program underscores its commitment to driving future growth and enhancing shareholder value. By leveraging debt financing and investing in strategic growth projects, the company aims to bolster its rate base and unlock new revenue streams over the coming years.

Dividend Reliability and Growth Prospects

Fortis's unwavering dedication to dividend growth is a hallmark of its financial stability and operational resilience. With a remarkable track record of dividend increases spanning over five decades, investors can rest assured that Fortis remains committed to delivering consistent income streams and driving shareholder value over the long term. At the current share price, FTS stock offers a compelling 4.4% dividend yield, positioning it as an attractive option for RRSP investors seeking reliable income and potential capital appreciation.

Seizing Opportunities for RRSP Investors

For RRSP investors seeking to fortify their portfolios with dividend-paying stocks, TC Energy and Fortis emerge as compelling options. Both companies offer attractive dividend yields coupled with the potential for long-term growth, making them valuable additions to a diversified retirement savings strategy.

Market Outlook and Future Prospects

While market volatility may persist in the short term, the underlying strength and resilience of TC Energy and Fortis bode well for their future prospects. As economic conditions evolve and strategic initiatives unfold, RRSP investors can remain confident in the income-generating potential and capital appreciation opportunities offered by these top TSX stocks.

Conclusion

In the pursuit of long-term financial security, RRSP investors have an opportunity to capitalize on discounted prices and attractive dividend yields offered by top TSX stocks. By strategically allocating their retirement savings into companies such as TC Energy and Fortis, investors can position themselves for steady income streams and potential capital appreciation over the years to come.

[the-art-of-investing-in-stocks]

Top Restaurant Brands to Pick Today: TSX QSR

Investing in stocks can be a daunting task, especially when considering the myriad of options available. However, for those eyeing the Toronto Stock Exchange (TSX) for potential investments, Restaurant Brands International (TSX QSR) stands out as a compelling choice. Here's why Restaurant Brands could be the best TSX stock to buy right now.

Restaurant Brands International,(TSX QSR) the parent company of iconic fast-food chains such as Burger King, Tim Hortons, and Popeyes Louisiana Kitchen, has demonstrated resilience and adaptability in the face of various economic challenges. Despite fluctuations in consumer preferences and economic downturns, the company has maintained a strong position in the fast-food industry.

One of the key reasons why Restaurant Brands International warrants attention from investors is its diversified portfolio of well-established brands. Each of its brands caters to a distinct market segment, providing the company with a broad consumer base. This diversification not only helps mitigate risks associated with fluctuations in consumer preferences but also allows the company to capitalize on different trends and opportunities within the fast-food industry.

Also Read: Charlotte Church ‘couldn’t have been prouder’ of young carers’ choir performance

Moreover, Restaurant Brands International has been proactive in leveraging technology to enhance its operations and customer experience. The company has invested in digital initiatives, such as mobile ordering and delivery services, to cater to the growing demand for convenience among consumers. By embracing technology, Restaurant Brands has been able to stay ahead of competitors and adapt to changing consumer behaviors effectively.

In addition to its strategic initiatives, Restaurant Brands International boasts a strong financial performance, which further strengthens its investment appeal. The company has consistently delivered solid revenue growth and profitability, driven by its global expansion efforts and efficient cost management. This financial stability not only provides investors with confidence in the company's ability to generate returns but also indicates its resilience amidst economic uncertainties.

Furthermore, Restaurant Brands International has demonstrated a commitment to shareholder value through its capital allocation strategy. The company has returned capital to shareholders through dividends and share repurchases while also reinvesting in growth opportunities to drive long-term value creation. This balanced approach to capital allocation underscores management's focus on creating sustainable value for shareholders.

Looking ahead, Restaurant Brands International is well-positioned to capitalize on emerging trends in the fast-food industry, such as plant-based alternatives and healthier menu options. The company's strong brand recognition and operational expertise provide a solid foundation for capturing market opportunities and driving future growth.

In conclusion, Restaurant Brands International emerges as a compelling investment opportunity on the TSX due to its diversified portfolio, technological innovation, strong financial performance, and commitment to shareholder value. While no investment is without risks, the company's track record and strategic initiatives position it favorably for long-term success. For investors seeking exposure to the fast-food industry with growth potential, Restaurant Brands International could indeed be the best TSX stock to consider adding to their portfolios.

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[jawad-blog1]

RRSP Investors: 2 Top TSX Dividend Stocks to Own During a Recession

http://dlvr.it/SxKkwR

[madscientist008]

Bing’s Stock Watch: The Most Popular Picks from the Past 90 Days

Hello Tumblr,

We know you love to stay on top of the latest trends, whether it’s fashion, music, memes, or anything else that sparks your interest. That’s why we’re excited to share with you a new feature from our partner Bing: Most Searched Stocks.

This feature lets you see which stocks are getting the most attention on Bing from the past 3 months. You can also follow a list of the most popular stocks and get insights, news, and data to help you make informed decisions.

Whether you’re an experienced investor or just curious about the stock market, this feature is a great way to discover new opportunities and learn from others. Here are some of the highlights from the past 3 months:

Alphabet Inc. (GOOG): The parent company of Google, YouTube, and other tech giants has been one of the most searched stocks on Bing for the past 3 months. The company reported strong earnings growth in Q3 2022, driven by increased online advertising revenue and cloud computing services. The stock price reached an all-time high of $1,230.93 on October 28, 2022.

Ford Motor Co. (F): The iconic automaker has been making headlines with its electric vehicle strategy, especially its F-150 Lightning pickup truck, which has received over 200,000 reservations since its launch in May 2022. The company also announced a partnership with South Korean battery maker SK Innovation to build two battery plants in the US. The stock price surged 38% in the past 3 months, outperforming the S&P 500 index.

Meta Platforms Inc. (META): The social media giant formerly known as Facebook changed its name to Meta Platforms Inc. on October 28, 2022, as part of its vision to create a “metaverse” - a virtual reality platform where people can interact in immersive digital environments. The company also unveiled new products and features, such as Horizon Workrooms, Ray-Ban Stories, and Oculus Quest 2. The stock price fluctuated in the past 3 months amid regulatory scrutiny and whistleblower allegations.

Toronto-Dominion Bank (TD): The Canadian banking giant has been one of the most searched stocks on Bing from Canada for the past 3 months. The bank reported solid earnings growth in Q3 2022, boosted by its US retail banking segment and its wealth management business. The bank also raised its dividend by 10% and announced a share buyback program. The stock price rose 12% in the past 3 months, outpacing the TSX Composite index.

These are just some of the most searched stocks on Bing from the past 3 months. You can explore more stocks and follow your own list by visiting this link.

We hope you find this feature useful and interesting. As always, we welcome your feedback and suggestions on how we can make Bing better for you.

Happy investing,

mad scientist writing

What do you think of this newsletter? Do you have any suggestions for improvement? Let me know in the chat box below.😊

[sharpjust]

Royal tsx mac keystroke focus

Royal tsx mac keystroke focus code#

TC Energy Corporation (TRP) is one of the largest energy infrastructure companies in North America, focusing on natural gas pipelines, liquids pipelines, and energy (mainly power generation). The company has a history of annual dividend increases. At current prices, the stock yields an attractive dividend yield of 5.6 per cent. BCE is well positioned to increase margins with improved operational efficiencies in both wireless and wireline. Wireless operations have also been strong with increased roaming volume as pandemic restrictions have eased. Ongoing capital expenditures have already increased fiber penetration and will continue to do so through 2025. Michael Sprung, president of Sprung Investment Management, discusses his top picks: BCE Inc., TC Energy, and CAE Inc.īCE is Canada's largest communications and media company with operations in both wireless and wireline communications as well as Bell Media. Listen to the Market Call podcast on iHeart, or wherever you get your podcasts.Sign up for the Market Call Top Picks newsletter at bnnbloomberg.ca/subscribe.Reducing the leverage created by the giant debts incurred will be a longer-term project that will hamper economic growth going forward.Ī higher rate environment will put fixed-income investments in a more favourable light as well as cause more attention to be paid to the valuations of equity securities placing those with nearer-term earnings and solid financials more desirable than those where growth has been the primary consideration. Interest rates are unlikely to go back to the unnaturally low levels enjoyed over the last decade even if inflation is contained. Higher interest rates may stem inflation and demand, but the bigger issues regarding supply chains, security of supplies and geopolitical tensions will take some time, perhaps many years to address. In our view, the economic displacements resulting from the pandemic and the Ukraine war will not be fixed overnight. Recession or not, this is a very unusual circumstance wherein employment is at very high levels, while economic growth is slowing. Rising interest rates and high inflation have combined with the ongoing issues that arose during the pandemic and the stresses of the Ukraine war, creating great uncertainty as to the sustainability of an economic recovery let alone the rising likelihood of a recession. Since the end of June, the market has recovered roughly two-thirds of the loss since the beginning of the year. Through the first half of 2022, stock and bond markets suffered the worst six months since 1970. "command": " Sprung, president, Sprung Investment Management in the terminal, jump "forward" to the last first group in the terminal, jump "back" to the last editor group "when": "terminalHasBeenCreated & terminalIsOpen & activeEditorGroupLast", in the last editor group terminal, jump "forward" to the terminal (if there is a terminal open) "when": " terminalHasBeenCreated & terminalIsOpen & activeEditorGroupIndex = 1", in the first editor group terminal, jump "back" to the terminal (if there is a terminal open) Once the cursor is in the terminal section you can use ctrl+x ctrl+up or ctrl+x ctrl+down to cycle through the active terminals.Ĭmd-J is still used to hide/show the terminal pane. With this I can use ctrl+x to navigate to any visible editor or terminal. You can try adding this to your keybindings.json directly but I would recommend you go through the keybinding UI ( cmd+K cmd+S on a Mac) so you can review/manage conflicts etc. Here is my approach, which provides a consistent way of navigating between active terminals as well as jumping between the terminal and editor panes without closing the terminal view. Key Bindings for Visual Studio Code: Advanced customization.More info can be found on the official Visual Studio documentation page:

Royal tsx mac keystroke focus code#

In modern versions of VS Code (as of 2022) the Default Keyboard Shortcuts (JSON) file is read-only, so that is why for the custom settings you need to edit a separate dedicated file keybindings.json. With these shortcuts you can focus between the editor and the Integrated Terminal using the same keystroke. Toggle between terminal and editor focus Type " Preferences: Open Keyboard Shortcuts File" and press Enter.Īdd the following entries to the keybindings.json file: Open the Command Palette ( Ctrl+ Shift+ P Windows/Linux or ⇧ ⌘ P Mac). You can achieve the desired effect by adding the appropriate settings to the keybindings.json file. However you can compose the two steps by overloading the key and using the when clause. While there are a lot of modal toggles and navigation shortcuts for VS Code, there isn't one specifically for "move from editor to terminal, and back again".

[kalkinemediauk]

Dividend investing is an approach to invest in stocks, primarily to receive a consistent income in the form of dividends. Dividends are payments that a company makes to its shareholders from the pool of its net profits.

[kalkinemedia]

5 Canadian Blue Chip Stocks to buy (CNR, CP, ENB, BNS, and MFC

Macroeconomic factors like inflation, the Ukraine crisis, rate hikes, increased borrowing costs, etc. continue to broadly impact the global stock markets. In such market situations, equity investors generally prefer safe equities like Bluechip stocks to ensure some stability.

Canadian National Railway (TSX: CNR), Canadian Pacific (TSX: CP), Enbridge (TSX: ENB), Scotiabank (TSX: BNS) and Manulife Financial (TSX: MFC) are five TSX Bluechip Stocks that can be explored for stable returns in the long term.

Now, let us talk about these five TSX bluechip stocks.

Canadian National Railway (TSX: CNR)

Canadian National announced its plan to invest about C$ 430 million in Ontario this year on Wednesday, June 22, to ensure sustainable growth and improve its capacity to transport of goods via its transcontinental network.

Canadian National posted a five per cent surge in revenues in Q1 2022 compared to first quarter of 2021. The railway company also reported increased free cash flow of C$ 571 million in the latest quarter, higher from C$ 539 million in Q1 2021.

Canadian National is supposed to deliver C$ 0.733 per share as a quarterly dividend on June 30.

Canadian Pacific Railway Limited (TSX: CP)

Canadian Pacific Railway Limited (TSX: CP) is another major railroad operator that enables movement of numerous goods across Canada and into some parts of the US.

The Canadian railroad said that its non-freight revenue increased to C$ 42 million in Q1 2022 from C$ 42 million a year ago. However, this increase was offset by decline in freight revenue resulting in total revenues of C$ 1.83 billion in Q1 2022 compared to C$ 1.95 billion a year ago. In addition to this, Canadian Pacific is set to disburse a quarterly dividend of C$ 0.19 on July 25.

Enbridge (TSX: ENB)

Enbridge agreed to provide transportation capacity to Plaquemines LNG facility of Venture Global on May 26. The energy firm is advancing its two Texas Eastern Transmission, LP projects to supply natural gas of 1.5 billion cubic feet a day to this new sanctioned facility.

Enbridge is one of the top dividend paying companies in Canada with a dividend yield of over six per cent.

Bank of Nova Scotia (TSX: BNS)

Scotiabank reported a growing net profit of C$ 2.74 billion in the second quarter of 2022 relative to C$ 2.45 billion in Q2 2021. Its profitability also improved with a return on equity (ROE) of 16.2 per cent in the latest quarter compared to 14.8 per cent in Q2 2021.

On July 27, Bank of Nova Scotia will deliver a quarterly dividend of C$ 1.03 per share.

Manulife Financial (TSX: MFC)

The non-banking financial service company, Manulife, reported a net profit of C$ 2.97 billion in the first three months of 2022, up from C$ 783 million in Q1 2021. Its expense efficiency ratio also improved to 50 per cent in the latest quarter, higher than 48.5 per cent in Q1 2021.

This Canadian insurance company is also among the top dividend companies with a dividend yield of nearly six per cent.

Bottomline

Keeping in mind the volatility factor associated with stock investments, amateur investors may prefer to consider investing in these TSX bluechip stocks as they are known for stable returns over the years, despite 

[tradestockadvisor]

Most Popular Dividend Stocks That are Appealing

Investors ordinarily search for the right mix of investments to turn out a steady and repeating income stream. And keeping in mind that investors will generally rush to the absolute most well known dividend stocks available, there are other, underrated Dividend Stocks in Canada that are similarly engaging.

Let’s Take a Look at Such Stocks:

The month to month income earner

Finding an incredible income stock that gives a steady and repeating dividend can be an overwhelming task for investors. Furthermore, finding one that pays out month to month is significantly more extraordinary. That is where Trade Pay Enterprise (TSX:EIF) becomes an integral factor.

Exchange income is procurement focused. The organization possesses more than twelve subsidiary organizations, which broadly fall into the aviation or assembling section. These organizations are one of a kind in that they offer essential support inside a separated specialty market. The way that they're in specialty markets means there is almost no competition.

Perfect examples of this incorporate giving passenger and freight services to Canada's far off north on the avionics side. Going to assembling, an interesting model incorporates a business that is liable for the installation of cell phone towers.

The other unique element of these subsidiary organizations is that they generate cash for Trade and exchange income. This thusly, converts into the juicy month to month dividend on offer. The current yield on that dividend works out to a liberal 5.94%. This means that a $40,000 interest in EIF will turn out a monthly income of $198.

Imminent investors ought to likewise take note that exchange income has given knocks to its profit throughout the long term, the latest of which came this previous summer.The main company that you've won't ever know about.

Saskatoon-based Nutrient is the biggest yield info and service provider in the world. The organization produces an incredible 27 million tons of phosphate, nitrogen, and potash items. The organization likewise flaunts a broad agricultural retail network compromising above and beyond 500,000 grower accounts.

Nutrien is one of a handful of the organizations available that has taken off this year. Year-to-date, the stock is up an incredible 25%, while the market is down almost 13%.

As far as results, in the latest quarter, Nutrient saw its sales surge 45% to US$14.5 billion, though profit took off 224% to US$3.6 billion. Part of the reason for the organization's ascent this year originates from the unavoidable vulnerability in the market.

Apart from the effect of the war in Ukraine, Nutrient is affected by rising fuel and energy costs, as well as progressing worldwide stock issues. The organization is additionally heading into its high season, as farmers collect their yields, and buy fertilizer for the next year. These factors have helped push the stock higher this year, and likewise, prompted Nutrient knocking its profit. Nutrient's quarterly dividend presently conveys a decent yield of 2.5%, making it a strong underrated Dividend Stock TSX to consider for passive income.

Will you Purchase These Dividend Stocks?

No investment is without risk, and that applies to both Exchange Income and Nutrient. Luckily, the two stocks work in extraordinary sections of the market where there is little contest and a lot of potential gains, even in this volatile market.

As I would like to think, either of these underrated Dividend Stocks Canada should form a small part of each and every very much expanded portfolio.

[dailystockinsight]

Elevate your Portfolio: Invest in Top TSX Stocks Today  

In the dynamic landscape of the Toronto Stock Exchange (TSX), savvy investors seek out opportunities to maximize returns while minimizing risk. Discover how Tax-Free Savings Account (TFSA) investors can capitalize on stellar deals available on the TSX today by investing in top TSX stocks offering true value and high dividend. 

Identifying Top TSX Stocks 

When scouting for top TSX stocks, it's crucial to focus on ASX blue-chip share listed on the TSX60, known for their stability and long-term growth potential. However, beyond individual companies, investors should also consider industries poised for sustained rebounds over the coming decades. 

A Lucrative Investment Opportunity 

In uncertain times, essential service providers emerge as pillars of stability, offering investors a secure haven for their capital. Among the top TSX stocks in this category, Royal Bank of Canada (TSE: RY) stands out as a beacon of resilience. With a track record of weathering downturns and a diverse revenue stream spanning wealth management and commercial banking, Royal Bank stock presents compelling value with a dividend yield of 4.16%. 

Another noteworthy contender is Canadian Tire (TSE:CTC.A), a retail giant offering essential products at competitive prices. Trading at an attractive valuation of 9.67 times earnings and boasting a dividend yield of 4.09%, Canadian Tire stock is a solid choice for TFSA investors seeking stability and income generation. 

Hydro One (TSE: H) 

As the world transitions to a cleaner energy future, companies like Hydro One (TSE:H) are well-positioned to capitalize on the growing demand for renewable energy sources. Hydro One stock offers investors exposure to the utility sector, particularly hydroelectric power, with a dividend yield of 3.04% and fair valuation at 21.35 times earnings. As sustainability takes center stage, Hydro One remains a compelling long-term investment option for TFSA portfolios. 

Seizing Opportunities for Long-Term Growth 

TFSA investors can unlock value and high dividends by strategically allocating their capital to top TSX stocks offering stability, growth potential, and income generation. By focusing on essential services and industries poised for sustained rebounds, investors can build resilient portfolios that withstand market fluctuations and deliver long-term wealth accumulation. 

[lmortgages158]

3 Top TSX Dividend Stocks to Buy in October - Yahoo Finance

TD has a large Canadian residential mortgage portfolio, so a big move in mortgage rates in a short period of time could cause some trouble. That being said, ...

[immortalcapitalltd]

Income Investors: Buy These 4 Top Monthly-Paying Dividend Stocks

Income Investors: Buy These 4 Top Monthly-Paying Dividend Stocks

Home » Investing » Income Investors: Buy These 4 Top Monthly-Paying Dividend Stocks Today, the U.S. Commerce Department reported that the retail sales in the United States declined by 1.1% in July compared to its previous month. Meanwhile, analysts were expecting a 0.3% decline. The weaker-than-expected retail sales in the U.S. have dragged the Canadian benchmark index, the S&P/TSX Composite…

[dailystockinsight]

A Deep Dive into Enbridge's Dividend Hike: Is it Sustainable and Attractive? 

Enbridge Inc. (TSE:ENB) recently made waves in the financial world by announcing an increase in its dividend, bringing the yield to an impressive 7.6%. While this might initially be welcomed by shareholders seeking robust returns, a closer look at Enbridge's financial dynamics raises questions about the sustainability of such a high dividend yield. In this article, we delve into the dividend announcement, analyzing Enbridge's earnings, payout ratio, historical dividend performance, and the challenges it might face in maintaining its dividend growth. 

Enbridge's Dividend Boost: A Mixed Blessing? 

Enbridge's decision to boost its dividend to CA$0.915 on March 1st undoubtedly caught the attention of income-focused investors. However, a high dividend yield is only as good as its sustainability. Before this announcement, Enbridge's dividend was already exceeding its profits, constituting a substantial 86% of its cash flows. While returning cash to shareholders is commendable, it could signal a lack of viable growth opportunities. Investors, particularly those interested in TSX dividends shares, may scrutinize such metrics to assess the long-term viability and stability of dividend payouts in the broader market. 

Earnings Per Share (EPS) Growth and Payout Ratio Concerns 

The next 12 months are anticipated to witness a significant 136.2% growth in EPS. Despite this positive projection, the payout ratio in the next year could reach 116%, indicating potential strain on the balance sheet. This raises concerns about Enbridge's ability to sustain such a high dividend payout, especially if growth opportunities remain limited. 

Enbridge's Dividend Track Record: Stability with Growth 

Enbridge boasts a commendable track record of maintaining stable dividends. Since 2014, the company has steadily increased its annual dividend from CA$1.26 to CA$3.66. This equates to a Compound Annual Growth Rate (CAGR) of approximately 11% per year during this period. The consistency in dividend growth is an encouraging sign for income-seeking investors. 

Challenges to Dividend Growth: Payout Ratio vs. Earnings Growth 

Despite Enbridge's impressive earnings growth of 8.1% per year over the past five years, the high payout ratio poses challenges to sustaining dividend growth. While earnings per share are on an upward trajectory, the substantial payout ratio may limit the company's ability to continue its historical dividend payment growth. 

In Conclusion: A Balancing Act for Income Investors 

In summary, Enbridge's recent dividend increase may provide short-term satisfaction for income-focused investors. However, the company's financial dynamics, including the high payout ratio and potential strain on the balance sheet, suggest that sustaining this level of dividend growth might be challenging in the long term. While Enbridge has demonstrated stability and consistency in dividend payments, it may not be positioned as a top-tier income stock, especially considering the current payout dynamics.