Dividend Stocks

Kalkine Media lists TSX high dividend yield stocks to watch in Q3

 Kalkine Media lists TSX high dividend yield stocks to watch in Q3

Exploring 5 Canadian high dividend yield stocks-BCE, RNW, ENB, MFC, TC

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BNS stocks rise as Scotiabank posts $2.5B Q3 profit. Time to buy?

BNS stocks rise as Scotiabank posts $2.5B Q3 profit. Time to buy?

Highlights Bank of Nova Scotia (TSX:BNS) reported a notable jump in its net income for the third quarter of fiscal year 2021. The rise in its profits for the latest quarter appeared to have been triggered by the substantial drop in its provisio...

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BMO Q3 profit soars by 85%, but still no dividend hike! Buy or not?

BMO Q3 profit soars by 85%, but still no dividend hike! Buy or not?

The Bank of Montreal (TSX:BMO) has posted its earnings report for the third quarter of fiscal 2021, as the big Canadian banks gear up to release their latest financial results for the period. Keeping up with its improvement from the pandemic lows,...

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5 shockingly cheap TSX dividend stocks to buy under C$ 10

5 shockingly cheap TSX dividend stocks to buy under C$ 10

Investors constantly hunt for dividend-paying stocks with a proven business model that posts positive and higher profitability and returns ratios. They pay a passive income and motivate investors to hold on to these stocks. The issuing of regular d...

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10 best Canadian blue-chip stocks to buy & hold forever

10 best Canadian blue-chip stocks to buy & hold forever

When a major economic turmoil hits, be it the outbreak of a pandemic or political unrest, investors often turn to stocks belonging to large-scale, established corporations that they can rely on. In such cases, blue-chip stocks can serve the purpos...

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5 top dividend-paying metal stocks for 2021

5 top dividend-paying metal stocks for 2021

In the wake of an improving inoculation pace, industries like mining and exploration are expected to slowly return to their pre-pandemic levels of production and operations. This, in turn, is likely to drive up the demand and supply for these metal...

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5 Canadian stocks paying the highest dividend in 2021

5 Canadian stocks paying the highest dividend in 2021

Summary The Toronto Stock Exchange offers some high dividend-paying stocks. Dividend stocks are often chosen by investors as they can offer passive income. Only a handful of assets are considered to come close to the consistency of dividends i...

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Will Shopify (TSX:SHOP) distribute dividends in foreseeable future?

Will Shopify (TSX:SHOP) distribute dividends in foreseeable future?

Summary  Shareholders and investors often wonder when will Shopify (TSX:SHOP, NYSE:SHOP) distribute dividends. Shopify provides an easy-to-use online store building platform to its customers. Shopify stock provided handsome returns to the...

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Is Algonquin Power & Utilities (TSX:AQN) a good dividend stock to buy?

Is Algonquin Power & Utilities (TSX:AQN) a good dividend stock to buy?

Highlights Algonquin issued quarterly dividends of US$ 0.171 apiece to its shareholders. AQN offers dividend yield of 4.17 per cent The five-year dividend growth is 9.29 per cent. Algonquin Power & Utilities Corporation (TSX: AQN) ann...

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10 dividend stocks to invest in August for passive income

10 dividend stocks to invest in August for passive income

Dividends are paid out of net profits and cash balance. The companies that pay regular dividends signal substantial cash at hand and the ability to withstand any temporary liquidity concern arising out of business. For investors, it also demotes that...

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Canadian Tire (CTC) & Dollarama (DOL): 2 dividend-paying stocks to buy

Canadian Tire (CTC) & Dollarama (DOL): 2 dividend-paying stocks to buy

Summary The consumer goods industry, after a temporary halt at the outbreak of the pandemic, are adapting to the new normal These two companies have a good dividend history Read to know more The consumer goods comprise products like perso...

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Frequently Asked Questions

Dividend stocks are generally viewed as an ideal option to curb inflation at an individual level as these can provide an added income source. One can reinvest the earned dividend amount to increase their future earnings. Low-risk investors seeking income could explore these stocks based on the company’s dividend payment and growth rate to ensure they put money in healthy stocks.

A dividend-paying stock is beneficial in that it may give an investor a routine passive income. However, that all high dividend yield stocks are worth investing in may not be an absolute truth. First, it might be a sign that the company is paying its shareholders at the cost of reinvesting. Every penny paid to shareholders is a penny less than what could go back into the company. Second, dividend yield is calculated by dividing the dividend by the stock’s cost. So, a high dividend yield might be a sign that the stock is losing. That said, stocks of dividend aristocrats are probably worth studying. 

Dividend yield is one of the popular metrics that investors might take note of before picking a stock. It is calculated by dividing the dividend paid by the stock during the year by the price per share presently prevailing in the market. Though the metric usually gives an idea of which stock is paying more dividends to its backers, it must be kept in mind that if the current share price is under pressure, the dividend yield of the stock would automatically rise. By contrast, if the share value rises rapidly during a bullish phase in a particular company or sector, the dividend yield would fall. High dividend yield stocks are often older companies trading on the market for a comparatively longer duration. 

The equities markets are volatile, and sometimes, the markets experience increased volatility due to macroeconomic factors. As an investor, people try to keep a diverse investment portfolio and tackle volatility to even things out. To keep a balanced portfolio and be ready to address volatility, investors could choose dividend-paying stocks as they can provide passive income irrespective of market conditions. Dividend payouts are a sign of the solid financial health of a company, and during uncertain times, a company with solid fundamentals could sail through tough times.

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