High dividend stocks canada reddit. My strategy is focused on dividend reinvestment (DRIP).

High dividend stocks canada reddit I won't go over 10% of portfolio in this type of investment instrument. 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. MSFT dividend yield 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. 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. 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. Many dividend investors like MO, though it’s not for everyone. We are Silver Degens. Moving the value proposition offered by a subscription would likely not be as high. 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). Instead, their stock broker is recommending 100% high dividend yield stocks, and specifically, heavily weighted in the "big 5" Canadian banks. If you'd like to have a dividend payout to live off of or use as passive income, that's fine. to or Bk. So I have built up with VEQT, SCHD and O (makes up 42% ofmy portfolio). Especially over the long term, this would hold true. 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). What's the point of buying a a position for 4. 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. I like HUTL. Dividend stocks do not have a higher expected total return than non-dividend paying stocks. What's with this subreddit and pumping this dividend stock? Just google the damn symbol and look at its decade long performance. They won’t be high growth stocks, but the slow and steady ones. to and TXF. Products like Vanguard's FTSE Canadian High Dividend Yield ETF (VDY. 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%. 28%, dividends of 3. Low-ish expense ratio with calls written on individual stocks instead of an entire index. Holding a dividend fund pushes you to 4%. 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. With Canadian stocks, I put the higher dividend paying ones in my TFSA and lower dividends ones in my taxable account. 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. Now I'm not sure how the taxes are with foreign investments. Anything in financial, utilities, communication. A few years ago, you could count on your hands the number of Canadian large caps paying a 5% dividend. At closing prices today $5. upvotes · comments High dividend ETFs, when put in tax advantaged accounts (Roth IRA) can be a great choice to start investing in while young. There's more to it than 'like' - Dividends are a cashflow mechanism. Last time I looked this is a group that discusses 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. 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. 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. 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. You're just throwing away tax advantage if you do that. When a dividend is paid out, the stock price is reduced by the same amount as the dividend. 157% DFN / Dividend 15 Split 14. 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. Please direct all simple questions and "Rate my Portfolio" requests towards the Weekly Discussion Threads (sort by hot, they're at the top). Ultimately, as a dividend stock and dividend growth stock, I like ARE a lot more. They are making money sell the call options to pay the dividend. I know you need to purchase before the ex-dividend date to receive the dividend. It's essentially a forced sale of some of your stock every quarter. Popular dividend paying stocks are having a rough time because people who normally buy them are switching to risk free options giving 5%. PPL - Pembina Pipeline - Transporting all that oil and gas will be with us for a long time. They have a tremendous amount of debt already (27. 5x yearly free cash flows) and are trading at 46x free cash flow on a valuation basis. There are lower dividend stocks that provide growth opportunities, like ABBV, HD, LOW. to (Manulife). They've raised the dividend once since inception as well, as the share price has grown. Get the Reddit app Scan this Lots of canadian companies with good dividends in the 5 percent and some slightly higher. to for high dividend and growth technology etfs. This relationship of stock price and dividends is important. The high price means a lower starting dividend yield, and more downside potential if the market reprices the stock downward. If the price of the stock lets you only buy 10 shares even if the dividend is $0. When you look at your portfolio, which stock do you wish you had more of? one of my safest stocks with a great dividend I own Reply Spiritual_State3336 r/dividends • High dividend stocks. Yes the dividend component is higher, but the sum of the dividend and the capital gain is not. Moreover, all 10 stocks are trading near their 52-week lows, so you can buy them for a bargain. Silver, Economic Dystopia, Lewds, Waifus, OC post it all :D This is a place where all Meme Creators can shit their art all over the place :P *This sub contains some NSFW content* *English posts please!* Dividend stocks aren't any safer than any other kind of stock. Google it. High Beta, high market correlation. Or check it out in the app stores     TOPICS. 417% DGS / Currently I get 47k annually in Canadian eligible dividends from my portfolio and this is my only income ( I pass on the dividend to myself personally every year ). So if you reinvest the divs, the overall "Value" can be comparable to another stock that had no divs but capital growth. Essentially I am hoping to throw about 1000$ CAD a month into an ETF similar the above. 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). It's as irrational as picking a company because you like the letters of the ticker. , Depends on the stock. Silver, DD and dank silver memes, Breaking the COMEX, one waifu at a time. 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). 377% BK / Canadian Banc Corp 15. 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. You will be surprised, each fund has probably 8 stocks held by the other funds. Dividend stock performance in Canada. There is no difference financially between a dividend stock and a stock in which you sell a small portion each year. They pay monthly and contributions come from dividends and tactical cover call writing. 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. 92%, which is currently around $3 dividend per share. I don't buy and sell often, so I think this type of strategy works well for me. to and FHI. It also depends how long you plan on holding it. 083. 5% yield) - HOYA Capital High Dividend Yield This pays monthly dividend, and is exposed to real estate sector. Lower yields provide less income now, but price and dividend growth mean that in the long run, your dividend returns will surpass those of a high yield investment. The index ETFs are full of good dividend payers. The US index ETFs pay low dividends and have a lot of low profit tech giants with AI hype. ~~~~~-- Expert in a field related to housing and would like to do an AMA either anonymously or publicly? Dividend growth stock. Note: the "re-invested money from the dividends" helps to compound the growth of dividends, but please note that all stock returns are compounded. 077 to 0. It seems like the only obvious problem is the lack of diversity from this ETF. Ê÷þÿÅ À Y$ 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. 475% DF / Dividend 15 Split Corp. For non-reit high div stocks I’m in SIA & KEY. r/canadiandividends: Canadian dividend paying stocks. High dividend yield is appealing, but you should also assess the company's financial health, dividend sustainability, and growth prospects. 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. When it comes to finding the best dividend stocks on the ASX, it's essential to conduct thorough research and consider various factors. The change percentage is the change in posts since the previous time period of the same length. 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. But from what it seems it's not the best approach to depend on a high dividend stock. 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. Whoop de do. However, as with any stock, there is still risk involved, and the stock price could be lower when you need to sell. currently yields around 9. Oil dividend stocks like XOM and CVX have been solid for investors, offering good dividends and growth. Energy Transfer is a solid “cheap stock” with a high dividend. I own some US stocks in my tfsa. 45. Most of the usual Canadian dividend payers are between 4%-6% at the moment. Looking for thoughts if it's recommended to buy into this ETF ? Remember, this is a subreddit for genuine, high-quality discussion. 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). The notion that dividend stocks have higher returns than similar non-dividend stocks have been proven to be untrue. Well, as far as dividends, Aecon has raised theirs every year for the last decade. 42% annualized returns for the high dividend index and 8. TO, SCHD, CN Rail, Couche-Tard, Intel. 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. 7% annually. 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. r/CanadianDividendStock: A community to discuss Canadian Dividend or Distribution paying stocks. As they talk about here, often high dividends mean the stock price went down. 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 . The answer is no, they are both highly suitable for a TFSA. ) 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. And value stocks are riskier. They pay dividends and are clearly not value stocks. The underlying portfolio is yield-weighted and broadly diversified across sectors. Particularly for Canadian companies, holding the index already pays like 3% dividend. This is the current list of stocks that are trending on the social media forum, Reddit. In 2022 DGS paid dividends 10 months out of twelve. Many of the highest are deeply red. Enbridge on steroids Dfn. I hold many dividend stocks myself, but the dividend rate is not the deciding factor in choosing them. If company A and B are both at 10$, Company A pays dividends while company B doesn't. That’s just silly. If you have 30 years to go, be sure to buy growth as well. xx%. I also have very limited knowledge on finance/stocks. Good chance those stocks will go down 80% in a few years. DGS is in the top ten (see my link of the top 50 dividend paying stocks). 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. Eligible Canadian dividends can have preferential treatment when you combine the dividend credit at lower tax brackets. Canadians interested in investing and looking at opportunities in the market besides being a potato. Stocks that pay a dividend grow their dividend but with plenty of potential for appreciation. There are plenty of well established companies paying 4% plus. It only makes sense to keep Canadian dividend stocks in your TFSA up to your maximum contribution room. Stock has been dead flat for 10+ years (like it's literally the same price since 2011) and is on a downward trend. e. 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). Don’t know what you trade with but Fidelity has a screener where you can check the fundamentals of said REIT; I. 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. Otherwise too many stocks, could be made simpler by just throwing more money into XIC - which I also own. As far as stocks, I personally hold MFC. 99% quarterly). Two of their recommendations were HSY and ABBV. TO) seem great. TQCD. Investors can also find high returns with numerous companies that pay monthly dividends. 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. Bonus if you’re Canadian or are interested in the Canadian market Members Online • Minor_Mot. _=ŒHÍê Ð >çý¿/Óþÿÿþ| î]^ÒaGµ! bFåÑ„´t ’ ÒÎŒ _–°·A‰‘\INÂØþ{UË^+ÇKÓs®ríÊE£]‡ KW. Looks like it is time to start buying TLRY and other Marijuana stocks 13 votes, 28 comments. 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. 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. While the future is uncertain, oil still plays a big role in many industries beyond energy, like agriculture and cosmetics. A 15% tax on dividends means a US stock that pays a 4% dividend will instead give you a 3. From another commenters suggestion in this thread i’ve now added IPL. My strategy is focused on dividend reinvestment (DRIP). I'm excluding ETFs and non tsx stocks. 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. For REITs I own a few, REI, TNT, H&R, Slate Grocery, SRU and looking to add Welcome to r/dividends!. Eligible dividends are most Canadian stocks or etfs holding Canadian stocks. ve seen below you're Canadian? Do ou stick with stocks from Canada or do you combine your picks with i. to has been doing well for me. Quick look at the top holdings are all growth stocks. Most stocks don't pay a very high dividend, and most of your profits will be from capital gains. Banks, utilities, energy, Here, you can easily find high dividend paying stocks with large market capitalizations. From Jan 2012 to Jun 2022 the monthly div moved from 0. 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. Also, I know you aren't calling MSFT and AAPL value stocks. 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. The Board knows people invest in those stocks for dividends. I also prefer stocks that pay monthly rather than quarterly. to for high dividend healthcare etfs. We Love Silver and Meme Creators. There aren't many consistent high yielding dividend payers like PDI. 5% with zero risk to your principal. I am looking at covered call ETF's to provide on higher dividend for re-investment portion. 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. If the stock price went up, on low volume, combined with an excessive dividend, that's a whole field of red flags. It has a 0. 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. BDTs dividend has been the same for the past 5 years, no raises, and this was after cutting it in 2017. It's wise to diversify your portfolio and not solely rely on a few stocks. 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. Or check it out in the Remember, this is a subreddit for genuine, high-quality discussion. 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. 5% expense ratio which is high according to people here. 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. 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. any stock has the ability to pay a big dividend or a little one. 29 votes, 58 comments. So there's that. 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. Dividends stocks (as a group) tend to outperform the broad market. Purchasing stocks with monthly dividends allows investors to align their portfolio income payments with their typical monthly outgoings. 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. Most canadian dividend paying stocks are stable profitable companies. 05%, holds 222 stocks with only 38% in the top ten and a 0. ~~~~~-- 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. There's an ETF that is specific to the big 5 banks in Canada. There are a lot of people saying on here that companies paying over 4% dividend is a red flag. 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. The polar opposite to BME. But by concentrating one’s portfolio in Canadian high yielding stocks, they expose themselves to idiosyncratic risk and reduce their total risk-adjusted return. I’ve often read that dividend investing is something to be done close to or in retirement. In fact, vdy has slightly outperformed the Canadian index long term when dividends are included. Forget about the stock advice here. BCE is likely to keep raising its div (even if it may have to slow the growth from the normal 5% annual). dividend aristocrats are qualified companies that pay consistent dividends. High dividends are alright but the highest dividend payers are typically crap. and foreign dividend paying stocks What is your background. But don't invest in dividend stocks thinking they'll perform the best. 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. 87% for the base index. A high yield with low to no price or dividend growth means that your yield is the same in 10 years. I like HTA. THAT WAS MY WHOLE POINT. 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. HDIV. Canadian stocks have historically done very well with lower than average volatility. Although the ETFs you listed are not considered high dividend. Ens. 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. It’s also funny how no one seems to mention this, clearly a lack of knowledgeable advice by everyone lol. S. I also know that once dividends are paid, the stock price typically drops by the same amount. /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. It sometimes went high or lower along the way, but that was the start and end. 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. Even 52WH for banks that only means pre-cogid level while sp500 made 15% last year and us bank are all time high. Your TFSA is a tax-sheltered account, whereby capital gains, dividend income, and interest income are not subject to tax as they are earned. 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. 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. I monitor Canadian Dividend stocks once a month and rate them based on price and dividend. that can always change and at first, high dividends appealed to me as well. 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. Now, some points: You shouldn't pick a stock to maximize dividend yield. e U. No bonds. As I mentioned before, you should be looking at free cash flow. I wish there were more articles on this type of dividend stock. This is a compensated risk called the value premium, and it Here are my picks for some of your categories. High yield, pays monthly There is also r/dividendscanada but it's a much smaller and less active subreddit. We want common sense housing laws that ensure: transparency and ample housing stock, to make Canada's housing the most affordable in the G7. You also seem to imply that dividend stocks you are DRIPing aren’t going to drop 20-40% in a recession as well. RIET (10. Be sure to investigate whether they return your own capital to maintain dividends and look at the past 5 year performance. You could end up with more stocks which are similar value, vs the original Welcome to r/dividends!. Financia/utilities/ insurance I would look at a portion of this type of fund to increase the income generation in early years. Even hydro one is up $10 since 2015. The term 'Rich' here refers to having workable assets exceeding $2 million, including super, excluding the home. That simply isn’t sustainable, the moment that company declares a lower dividend that stock will sink like the titanic. It requires more involvement and you gain experience which you need to become a successful investor. Wealth is generated by growth and dividends. You need to look for positions that have a combination of share price growth PLUS stable dividend yield. Zero taxes . Most people earn employment income though, which pushes the dividend income into a higher bracket so "negative tax on dividends" rarely the case. 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. It has dividend growth, likely not much capital growth. 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. Canada = XIC Developed International = XEF These 2 must offer dividends on top of that. Everyone has their preferences, here are some of my favorites. A Canadian high dividend fund like VDY has similar yields with higher capital growth. Today, that rate looks almost ordinary. 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. If the market crashes and you lose your job, you do NOT have to sell your stocks at a low point. It's basically a mutual fund that has all the stocks that you would want to invest into when there's war. 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. People get weird about dividends. to as a high dividend utility ETF. Don’t load up in just one industry as diversification adds safety. Foreign dividends are 100% taxable income. Price is a very important factor in safety. The withholding tax is $0. In Canada, some top dividend stocks include: Procter & Gamble Pembina Pipeline Brookfield . The stocks are calculated based on the number of posts that mention each stock on Reddit based on the criteria selected. 15% for global markets generally, while the non-dividend stocks averaged 5. RYLD might also fit the bill but be sure to reinvest dividends. 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. The Board of Directors determines dividends. Dividends, aren't income to begin with as the share price is reduced on the ex-dividend by the stock exchange. I go the DIY route. Take a look at stock movement before and after ex-dividend dates. 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. 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. 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!. Price has grown consistently since inception and has even held up in some of the recent turbulence. It’s called total I found some insanely high paying Canadian dividend stocks : LCS / Brompton Lifeco Split Corp 14. to. The question is whether growth stocks or dividend stocks are more suitable for a TFSA. Not to mention lower risk. 3%, its a new fund and they haven't cut their dividend yet. yield low growth. 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!. ask yourself 'why' you are investing and what your goals are. In a year or two when the markets recover DGS will be a strong and reliable dividend payer. I'm fairly new to investing, but have been looking up high dividend stocks and ETFs. Was looking for another pipeline, looks good to me. I like BASE. 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. 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. SG dividend About 25% of my portfolio is in Singapore dividend stocks: DBS, CDG, Haw Par, That's 2. Also sidenote, while AAPL stock is loved by many, it's 5 year average dividend CAGR is only 7. Here are my top 7 Canadian dividend stocks that I am building a portfolio around. Ticker is ET. Thus what is the best time in a monthly cycle to purchase a stock that pays monthly dividend. 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. . I had an understanding of the Canadian stocks because I am Canadian. 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. You don't want to hold cash, or low-yielding, high-security bonds in your TFSA, for example. 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 %. Ex-dividend dates for these ten stocks are approaching, but you still have time to buy. So I started building with what I knew. 90 DGS is yielding over 20% per annum. 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. 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. Please keep all contributions civil, and report uncivil behavior for moderator review. This might not be long term. TO) or Blackrock's iShares Composite High Dividend Index ETF (XEI. 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. These all in my TFSA. Canadian Dividend Stocks . 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. no such thing as 'Safer'. Growth stocks and dividend stocks are for different purposes such as wealth accumulation or distribution. Since we’re pretty different from the US, you’ll find lots of telecom, energy and banks. Get the Reddit app Scan this QR code to download the app now. Market theory dictates that dividends are priced into share value. TO is an TD etf with all the best, most reliable dividend payers throughout Canada. If you want to own US dividend paying stocks then it's best to put those in your RRSP. I joined Dividends Stocks R ock (DSR - Mike Heoux) a few weeks ago. 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. 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. 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. to as a high dividend basic materials and mining ETF. 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. However, it's not because of the dividend. 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 like his thinking (lower yield and higher growth). The highest-dividend stocks returned an annual average over 18% vs. 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. ADMIN MOD Dividend Stocks Rock . 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. II 19. 316% LFE / Canadian Life Companies 25. ZEB and ZWB for a covered call position. I have Canadian banks, utilities, telcos and energy stocks. It's an etf that holds a mix of other high yield etfs in a multiple sectors. 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. Good place to seek such stocks is Dividend Aristocrats or Dividend Champion list. It pays an 8% yield in monthly payouts. Stocks like Microsoft may pay a relatively small dividend, but they increase it every year. one paying a smaller dividend means they It does have something to do with a TFSA. 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. 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. largely just holding different allocations of the same companies. Look into DIVO. TO [CIBC U. Dividend payouts are a taxable event. Reddit is against dividend investing, covered call ETF's, and a lot of the stuff I am invested in. They will list their top ten holdings. -> Stocks with high dividend. I noticed there's no mentions on Reddit for CUEH. They provide true value based on numbers, not feelings. 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. Putting your money into a 10% yield stock is the same thing as an ultra high risk growth stock. For my US coverage I am not savvy enough to pick individual stocks. 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. In 2017 I read a great one on seeking alpha about these three building blocks. Remember, this is a subreddit for genuine, high-quality discussion. I will ride this great dividend payer until I die! View community ranking In the Top 1% of largest communities on Reddit. I like LIFE. 50 you still only get $5. 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. Look into a successful dividend fund or ETF. That's where you want to be. And there is withholding tax on US dividends on margin accounts. 40% dividend in your TFSA. 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. Updates and news about Canada's housing crisis. 00. To reduce volatility and augment dividend income, HMAX will employ an active covered call strategy. 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. It seems like the high dividend stocks come from these financial institutions here in Canada (mostly). In other words, if a stock is trading at $100 and they issue a $1 dividend, Welcome to r/dividends!. Instead, dividend stocks have value characteristics. npd ebr fzrt xukq zrsusgq dtiiooq aajw hpxdp xoac hdgge