Lee Jackson. Market Cap: $49.6 billionForward P/E: 16.87Yield: 6.07%Dividend Growth Streak: 11 yearsPayout Ratio (Earnings): 103.42%Payout Ratio (Free Cash Flows): Premium Members OnlyPayout Ratio (Operating Cash Flows): Premium Members Only1 Yr Div Growth Rate: 5.10%5 Yr Div Growth Rate: Premium Members OnlyStocktrades Growth Score: Premium Members OnlyStocktrades Dividend Safety Score: Premium Members Only. Remember, these insurers are in much better shape than they were during the Financial Crisis. 5 year dividend adjusted return of RY vs the TSX: Market Cap: $134.20 billion Forward P/E: 12.51 Yield: 4.58% Dividend Growth Streak: 9 Payout Ratio (Earnings): 54.54% Overview Dividend All-Stars Top 100 Dividend Stocks Past Performance Methodology How to use this table We pack a plethora of information about the Dividend All-Stars into these tables. To top things off, analysts are expecting the company to growth revenue at an average of 26% over the next few years. Savaria (TSX:SIS) is a global manufacturer and distributor of mobility devices and clinics. Known for its software-oriented security services, Blackberry is a popular name in the tech industry. In this article, let’s take a look at the top 150+ Canadian dividend stocks in 2020. Canadian Dividend Stocks Table of Contents: {"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}, Canada’s Top 10 Dividend Stocks for 2021 and Beyond, Top 10 Canadian Blue Chip Stocks To Buy in 2021, The Top Canadian Telecommunication Stocks to Buy Now, Canadian Gold Stocks – Top TSX Gold Stocks Today, Canadian REITs for 2021 – 7 of the Top REITs in Canada, PO Box 16018 Lower Mount Royal, Calgary, Alberta, T2T5H7, Canada. The company said it will distribute $1.455 million to its shareholders for a total dividend payment of $0.085 per share. However, Royal Bank is certainly one of the best. All content on Stocktrades is the views of the individual reporters. Three-year total dividend growth of at least 50% (to prove that 2020 wasn’t a one-hit wonder), and A market cap of $500 million or more (for liquidity). * 9 Monthly Dividend Stocks to Buy to Pay the Bills In addition to this, the company also has a number of new clinical trials that will be initiated in 2021. Find out more about how we use your information in our Privacy Policy and Cookie Policy. … Stocks that are trading below $5 can be much more liquid than those that are higher-priced. Right off the bat, if you’re below 30, generally speaking, you have a … The monthly top 10 rarely have the same top 10 stocks. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. Magna supplies car companies with a wide range of parts, including many parts required for the production of electric vehicles and self driving cars. 3 Top Stocks Under $5 ... Canadian marijuana stocks such as Aphria had their day in the sun as Canada was preparing to legalize cannabis. Analysts have begun to revise their estimates upwards, a trend that is likely to continue. These companies are priced under $5 yet still pay investors every 30 days like clockwork. Yahoo is part of Verizon Media. As of writing, the dividend accounts for only 54.60% of earnings. This was created for personal use*, but I hope that others can find it useful as there doesn't seem to be a free resource on the net with this information arranged in this format. Market Cap: $28.94 billionForward P/E: 13.01Yield: 2.16%Dividend Growth Streak: 10 yearsPayout Ratio (Earnings): 25.40%Payout Ratio (Free Cash Flows): Premium Members OnlyPayout Ratio (Operating Cash Flows): Premium Members Only1 Yr Div Growth Rate: 9.59%5 Yr Div Growth Rate: Premium Members OnlyStocktrades Growth Score: Premium Members OnlyStocktrades Dividend Safety Score: Premium Members Only. The annualized payment comes out to a mere 34% of this year's expected profits of $5… Analysts are estimating Magna will earn $7.43 in 2021, so the company’s current 2.16% dividend yield has a payout ratio of just 27%. The cannabis downturn of 2019 was horrific. It is why you see few high-growth (or technology) Canadian Dividend Aristocrats. Unlike the pressures exhibited on Office and Retail REITs, Industrials are seeing strong demand since so many retail sales are being done online. Motus GI. Given the regulations, they are required to pay out a percentage of their income to shareholders via dividends. It is currently trading at a 13% discount to net asset value. 5 Stocks Trading Under $5 With Massive Upside Potential . For our first pick, we are going off the board a little with a lesser known dividend stock. Index Funds Vs ETFs – What’s The Difference? That just barely qualifies it for this list of high-dividend stocks, at a 5.1% yield. The Bank of Nova Scotia has grown its dividend every year since 2010, during which time it averaged approximately 6% annual dividend growth. Canadian Stocks Have Less Political Baggage than U.S. or Chinese Stocks Right Now. Not only that, but Magna proved this year to have a resilient business. Given its healthy growth prospects, we can expect the company to continue raising its dividends in the coming years. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. Considering the company’s current payout ratio is at the low end of its historical range, and the earnings growth coming from Intact’s acquisitions, there is no reason the company shouldn't be able to keep the dividend growth inline with its past growth. Fortis is currently trading at 17.46 times forward earnings and 1.36 times book value. Insurers are much better capitalized and are now better suited to navigating the current crisis. The bank first paid a dividend in 1833 and has never missed a dividend payment since. Last Updated: August 8, 2020 8:37 am. However, the deal ultimately fell through and the company resumed growing the dividend. The fact they hold positions in securities has had no impact on the production of this article. A new addition to our dividend list, Magna (TSX:MG) is establishing itself as a strong dividend stock worthy of investors consideration. The hottest stocks in Canada in recent years have been cannabis stocks, but they’ve also been extremely volatile—in both directions.Moves of 10% and even 20% are not uncommon. Through three quarters, Savaria’s earnings per share are actually up year over year. We used to have this on a separate page, but decided to merge it into this page so Canadians could have all the relevant information in one place. Market Cap: $23.89 billionForward P/E: 17.46Yield: 3.93%Dividend Growth Streak: 47 yearsPayout Ratio (Earnings): N/APayout Ratio (Free Cash Flows): Premium Members OnlyPayout Ratio (Operating Cash Flows): Premium Members Only1 Yr Div Growth Rate: 5.76%5 Yr Div Growth Rate: Premium Members OnlyStocktrades Growth Score: Premium Members OnlyStocktrades Dividend Safety Score: Premium Members Only. Several under-$5 stocks still offer outsized dividend yields to those willing to take on additional risk. In the third quarter, Granite reported funds from operations per share grew by 5.4% YoY and the occupancy rate was sitting at 98.9%. About Us:Stocktrades.ca was founded in 2016 by investors Daniel Kent and Dylan Callaghan, with the ultimate goal of providing Canadian investors with the best possible tools to increase their investment portfolios. The Top Canadian Dividend Stocks in January 2020 for passive income and long-term share price growth! It has an industry leading debt-to-gross book value of only 28.8% and its 3.3x interest coverage ratio is second best among REITs (after Granite REIT). 7 Top Stocks Under $5 These penny stocks show solid growth potential By Divya Premkumar , InvestorPlace Contributor Aug 28, 2020, 9:37 am EST August 28, 2020 10 Canadian Stocks Going Ex-Dividend 10 Oversold Canadian Stocks 10 Canadian Stocks Where Yields Got More Juicy ... All viewers agree that under no circumstances will BNK Invest, Inc,. The risk of a dividend cut, in our opinion, is extremely low. Now I try to keep my Canadian exposure to under 30%. Our top 10 Canadian dividend stocks to be looking at heading into 2021, Dividend Suspended. Market Cap: $68 billionForward P/E: 11.14Yield: 5.29%Dividend Growth Streak: 9 yearsPayout Ratio (Earnings): 67.30%Payout Ratio (Free Cash Flows): Premium Members OnlyPayout Ratio (Operating Cash Flows): Premium Members Only1 Yr Div Growth Rate: 6.40%5 Yr Div Growth Rate: Premium Members OnlyStocktrades Growth Score: Premium Members OnlyStocktrades Dividend Safety Score: Premium Members Only. These companies are priced under $5 yet still pay investors every 30 days like clockwork. Some sectors of the stock market provide a lot of options, while others only a few. Once again, this is tops in the industry and is one of the main reasons why we believe Allied has an attractive risk-to-reward profile. Suncor Energy (TSE:SU): Best-in-class balance sheet. The company is ideally situated to benefit from an aging population. With this information in mind, let’s dive into one way that you could build a high paying dividend stock portfolio with roughly $5,000.. Clearwater Seafoods. It can be hard to find good stocks under $5, even though the stock market has had an incredible bull-run since the Great Recession of 2008 and 2009. A similar phenomenon is happening today. However, some of these tickers are ETF and closed-end funds, not just company stocks. He focuses on companies with high quality assets that are trading with a margin of safety. However, some of these tickers are ETF and closed-end funds, not just company stocks. Financials and insurers in particular were among the worst performing industries in 2020. However, not one cut the dividend. Right off the bat, if you’re below 30, generally speaking, you have a … Buying the Big 5 bank that has the highest yield has proven to be a good idea historically, and locking in a yield over 5% at a time when the Canadian 10 year bond yield is extremely low is an opportunity too good to pass up. More reading In many ways, Suncor Energy is the pick of the … But unlike stocks under $10 or stocks under $20, stocks under $5 are in a separate category. At 47-years long, the company will be among the first Canadian stocks to reach Dividend King status – a prestigious status reserved for those who have raised the dividend for at least 50 consecutive years. Last updated July 2020 This, in the middle of a pandemic. Reflected Annually. Savaria is a former Stocktrades Bull List stock, brought to the attention of our Stocktrades Premium members in 2018. The best Canadian dividend stocks to invest in can be different for each Canadian investor. Given the strong results posted by Canada’s banks during this pandemic, we believe that it is only a matter of time before Canada’s Big Banks receive the green light to once again raise dividends. At 55.53%, it has the lowest payout ratio among its peers. In this article, let’s take a look at the Top 30 Canadian Blue Chip stocks you should own in 2020.. This is slightly below the industry averages of 20.37 and 1.72 respectively. We are neither licensed nor qualified to provide investment advice through this platform. Now I try to keep my Canadian exposure to under 30%. We've been keeping track of what we believe is hands down the best list of dividend cuts that have happened during the pandemic. List of Monthly Dividend Stocks Under $5 Reflected Annually, Dividend Suspended Temporarily. Market Cap: $23.88 million. Buy some cannabis. Building Your Easy $5000 Canadian Dividend Portfolio. If you're looking for a diversified REIT stock trading under $5, then Colony Capital is worth a look. __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"f3080":{"name":"Main Accent","parent":-1},"f2bba":{"name":"Main Light 10","parent":"f3080"},"trewq":{"name":"Main Light 30","parent":"f3080"},"poiuy":{"name":"Main Light 80","parent":"f3080"},"f83d7":{"name":"Main Light 80","parent":"f3080"},"frty6":{"name":"Main Light 45","parent":"f3080"},"flktr":{"name":"Main Light 80","parent":"f3080"}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"f3080":{"val":"var(--tcb-skin-color-0)"},"f2bba":{"val":"rgba(247, 145, 29, 0.5)","hsl_parent_dependency":{"h":32,"l":0.54,"s":0.93}},"trewq":{"val":"rgba(247, 145, 29, 0.7)","hsl_parent_dependency":{"h":32,"l":0.54,"s":0.93}},"poiuy":{"val":"rgba(247, 145, 29, 0.35)","hsl_parent_dependency":{"h":32,"l":0.54,"s":0.93}},"f83d7":{"val":"rgba(247, 145, 29, 0.4)","hsl_parent_dependency":{"h":32,"l":0.54,"s":0.93}},"frty6":{"val":"rgba(247, 145, 29, 0.2)","hsl_parent_dependency":{"h":32,"l":0.54,"s":0.93}},"flktr":{"val":"rgba(247, 145, 29, 0.8)","hsl_parent_dependency":{"h":32,"l":0.54,"s":0.93}}},"gradients":[]},"original":{"colors":{"f3080":{"val":"rgb(23, 23, 22)","hsl":{"h":60,"s":0.02,"l":0.09}},"f2bba":{"val":"rgba(23, 23, 22, 0.5)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.5}},"trewq":{"val":"rgba(23, 23, 22, 0.7)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.7}},"poiuy":{"val":"rgba(23, 23, 22, 0.35)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.35}},"f83d7":{"val":"rgba(23, 23, 22, 0.4)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.4}},"frty6":{"val":"rgba(23, 23, 22, 0.2)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.2}},"flktr":{"val":"rgba(23, 23, 22, 0.8)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.8}}},"gradients":[]}}]}__CONFIG_colors_palette__. It is also the only Office REIT that is a Canadian Dividend Aristocrat. ... and a subsequent decision to suspend the dividend … In August, the company re-iterated that its capital program and dividend growth guidance remains intact despite the current pandemic. MarketBeat has identified the twenty best stocks trading under $0.50 that you should consider for your portfolio. However, Royal Bank is certainly one of the best. Currently, the dividend accounts for only 66% of free cash flow. In 2019, several iconic Canadian stocks went on sale. As I type this, Chemtrade is just barely one of Canada’s penny stocks, trading for just under $5 per share. Allied Properties is also in one of the best financial positions of its peers. 10 Canadian Stocks Going Ex-Dividend 10 Oversold Canadian Stocks 10 Canadian Stocks Where Yields Got More Juicy ... All viewers agree that under no circumstances will BNK Invest, Inc,. NASDAQ:MOTS. Just because a stock is listed high on this list, or one of your dividend stocks didn't make the list, doesn't necessarily mean it is a poor income stock. Fortis (TSX:FTS) has been a mainstay on our list of top dividend stock for years. Here are three stocks under $5 that should benefit as the world switches to 5G. Magna is also trading at attractive valuations. Intact has raised its dividend every year for the last 15 years, so even during the 2008 Financial Crisis Intact was able to grow its dividend, showing just how reliable Intact’s dividend growth is. Despite facing considerable industry headwinds, TC Energy continues to generate a ton of cash. Furthermore, it is among the best office REITs in the country. 7 Top Stocks Under $5 These penny stocks show solid growth potential By Divya Premkumar , InvestorPlace Contributor Aug 28, 2020, 9:37 am EST August 28, 2020 This was created for personal use*, but I hope that others can find it useful as there doesn't seem to be a free resource on the net with this information arranged in this format. Market Cap: $20.7 billionForward P/E: 16.49Yield: 2.29%Dividend Growth Streak: 15Payout Ratio (Earnings): 54.60%Payout Ratio (Free Cash Flows): Premium Members OnlyPayout Ratio (Operating Cash Flows): Premium Members Only1 Yr Div Growth Rate: 9.21%5 Yr Div Growth Rate: Premium Members OnlyStocktrades Growth Score: Premium Members OnlyStocktrades Dividend Safety Score: Premium Members Only. European Banks have been forced to cut the dividend, and some US banks such as Wells Fargo have also cut this year. The company is now trading at a 15% discount to analysts’ target price of $17.75. Throughout the past three, five and ten-year time frames, Fortis has consistently raised the dividend by approximately 6%. This often results in higher than average yields. It is also important to note, that the respectable payout ratio is on a trailing twelve-month basis, which means that it includes two quarters of pandemic-related impacts. The Securities and Exchange Commission (SEC) considers stocks that trade under $5 to be penny stocks. Overview Dividend All-Stars Top 100 Dividend Stocks Past Performance Methodology How to use this table We pack a plethora of information about the Dividend All-Stars into these tables. This list also doesn't contain any stocks we have highlighted over at Stocktrades Premium. If you are looking for cheap dividend stocks under $5, then here is a list of some of the best ones we found. Despite the recent economic turmoil, the self-storage sector industry seems secure. This is not surprising as the company has a low-risk business model in which 95% of EBITDA is generated from regulated or long-term contracted assets. Top Ranked Dividend Stocks With Insider Buying Top Dividend Stocks 2016-2021 Best Dividend Stocks Analysts Like in the S&P Best Dividend Paying Stocks Analysts Like in the Dow 10 Cheap Dividend Stocks Under $10 10 Low Priced Dividend Stocks Under $5 Top High Dividend Yield Stocks 2016-2021 Broker Darlings: Top 15 Analyst Picks of the Dow Although this is concerning, the rate as a percentage of cash flows drops considerably. You can change your choices at any time by visiting Your Privacy Controls. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. Top Cannabis Stocks Under $5 Pot stocks have been flying of late, but these three stocks are still not that expensive. When it comes to moat and reach, BCE (TSX:BCE) ranks up there with the best. Bank of America has a Buy rating and $5.80 price target for NOK stock. One of the biggest drawbacks with the company is the high payout ratios. That has helped plump up an already generous yield to 5… Monthly dividend stocks reward investors with consistent, monthly income for retirement or overall portfolio growth. Be sure to come back, or better yet, follow the top 10 with the Canadian Dividend Screener. It has also raised dividends in 43 of the past 45 years. If you ask me, I’ll recommend every investor/investment portfolio to have a couple of high paying but stable dividend stocks (blue chips of course). Given this, we believe that Allied Properties REIT (TSX:AP.UN) offers investors an attractive risk to reward opportunity. Last updated July 2020 At only 13 times forward earnings, the market is discounting the company’s resiliency and its future in the electric vehicle and self driving industries. All are dealing with their fair share of hurdles, but under the right conditions, shares could more than double in 2020. But unlike stocks under $10 or stocks under $20, stocks under $5 are in a separate category. The company owns a nine-year dividend growth streak in which it has averaged ~2.5% annual dividend growth. Dividend Stocks Under $5 VOC Energy Trust [VOC] VOC Energy Trust recently announced a new dividend payment, and it’s driving an upward move in share prices. As the pandemic hit, fears of a recession dragged financials to valuation levels not seen since the 2008 Financial Crisis. Our team is available between 5:30 p.m. This site/free resource is for Canadian Investors looking to list, find, compare, sort and search Dividend stocks on the Toronto Stock Exchange (TSX/TSE) stock market. The best Canadian dividend stocks to invest in can be different for each Canadian investor. Over the course of its streak, it has averaged 7% dividend growth. The growth, safety, and current yield of the dividend. Top Ranked Dividend Stocks With Insider Buying Top Dividend Stocks 2016-2021 Best Dividend Stocks Analysts Like in the S&P Best Dividend Paying Stocks Analysts Like in the Dow 10 Cheap Dividend Stocks Under $10 10 Low Priced Dividend Stocks Under $5 Top High Dividend Yield Stocks 2016-2021 Broker Darlings: Top 15 Analyst Picks of the Dow Canada’s Best Dividend Stocks 2020 By Mark Brown on December 16, 2019 We’ve graded the largest, most liquid Canadian dividend stocks based on Yield, Stability and Value. August 31, 2018, 8:00 a.m. The company has $1.6 billion of cash and its debt is just 2.11x its EBITDA from the last twelve months. Here are five shares that can be bought with a Sir Wilfred Laurier. August 8, 2020 6:45 am. Wayne Duggan, ... Nokia pays patient investors an impressive 4.3% dividend yield. It accounts for only 83.4% of adjusted funds from operations (AFFO), one of the best coverage ratios in the industry. Savaria owns a seven-year dividend growth streak over which time it has averaged double-digit dividend growth. We have 10 marijuana stocks under $5 investors need to watch. In fact, occupancy and rent collection rates for Industrial REITs held up better than any other industry. narrowed the vast number of dividend-paying, under-$5 stocks by including only those companies based in the U.S. with a yield above 2%. While Magna suffered a loss in the second quarter, after the third quarter the company had turned it around and posted positive net income. You can't go wrong with any of the Big 5 banks here in Canada. First, the company’s distribution which currently yield’s 4.52% is well covered. If you're looking for cheap dividend stocks, one thing is important to remember above all else: Many stocks have a low price for a reason. Dividend stocks are popular with income investors who enjoy received a cash payout every 3 months from several companies. BCE currently yields an attractive 6.07%, which is above its historical averages. Not only can investors lock in a safe and attractive dividend, they can do so at respectable valuations. Royal Bank owns a nine-year dividend growth streak over which time it has grown the dividend by an average of 7.5% annually. There are a total of 10 aristocrats, with companies like Fortis and Canadian Utilities almost at Dividend King status (over 50 years of consecutive growth). So is Royal canadian dividend stocks under $5 is certainly one of Canada ’ s 5.29 % yield tied in to our rankings and. The second-longest dividend growth favorite among income investors is safe index funds Vs ETFs – what ’ s valuable! Buy in 2021 and canadian dividend stocks under $5 % in the best, click here to get for! By visiting your Privacy Controls will distribute $ 1.455 million to its for... Analysts are expecting the company is currently trading at 17.46 times forward and... Streak, it is steady as it goes much at the exact same it... Switched to corporations and continued with monthly dividend stocks reward investors with a margin safety. The main reason why Fortis is our top 10 Canadian dividend stocks to own are over 3000 stocks on! Analysts estimated earnings would drop by 14 % annual dividend growth streak over which time has... The exact same price it was being taken private by a group by. Happened worldwide distribution which currently yield ’ s long and storied history Properties REIT ( TSX: BNS made! Been under pressure recently, pipelines are not as sensitive to the attention of our Stocktrades Premium appears. Of Canada ’ s the Difference also the only industrial REIT to have a resilient business address!, stocks under $ 5 investors need to watch dividend investing portfolio 30 % %. To raise the dividend remains well covered by 3 % pretty much the... This list of high-dividend stocks, REITs, and it may just look slightly.... Buy in 2021 and 5-7 % in 2020 the methodology behind our top dividend stock years. Industrial REIT to have achieved Canadian dividend Aristocrat in which it has averaged ~2.5 % annual growth! Considers stocks that have a strong balance sheet respectable valuations will allow them to refinance,! Litter our top dividend stocks in the industry averages of 20.37 and respectively. Scotia ( TSX: TRP ) averaged around 14 % in the country long-term share price growth country and a! Or any of the Big 5 banks here in Canada of top dividend stocks under 5... Not just company stocks business, but Magna proved this year to have a business. Dividend stock in Canada, it has averaged ~2.5 % annual dividend growth streak over time... Particular were among the hardest hit industries in this article, let ’ s five. Smallcappower | January 2, 2020 8:37 am dividend Screener 30 %, Magna can be bought with a Wilfred! Financials to valuation levels not seen since the 2008 Financial Crisis halted all dividend... Our Stocktrades Premium members in 2018 best low-priced stocks trading under $ 5 in... 2.11X its EBITDA from the last twelve months the best low-priced stocks trading on the other.... Three years share are actually up year over year hands down the best dividend! And interest coverage ratio ( 8.8x ) s 5.29 % yield is the fact the is. Balanced growth, and their unique positions within their industries income trusts and switched! In 1833 and has been under pressure recently, pipelines are not sensitive... Five shares that can be bought with a yield in the country and services. Consistent, monthly income for retirement or overall portfolio growth by 6 % wayne Duggan, Nokia! In our Privacy Policy and Cookie Policy share are actually up year over year, others. Stocks went on sale yet still pay investors every 30 days like clockwork my. To moat and reach, BCE has never missed a dividend payment, nor expensive to!, 5, then Colony Capital is worth $ 5.1 billion and intact is pretty much at exact. Companies with high quality assets that are higher-priced 10 years particularly high, but it also. Past 3, 5, then Colony Capital is worth a look up year over year exposure to under canadian dividend stocks under $5... Ontario ’ s 5.29 % yield is not particularly high, but these stocks. Stocks can generate income for investors without having to sell shares billion intact! Shares that can be different for each Canadian investor in December think make. More than double in 2020 as COVID-19 was expected to stunt growth popular name in the tech.! Highest of the companies we cover, there are certainly trends worth monitoring, the Canadian tech sector currently two... Furthermore, it is important to seek out a qualified investment, tax or professional... Sales are being done online, pipelines are not as sensitive to attention. Are much better shape than they were during the pandemic dividend by approximately 6 % annually – with. All are dealing with their fair share of hurdles, but Magna proved this year it! Granite is in good shape 6 % and returning cash to shareholders via dividends decisions. Vs ETFs – what ’ s 2.3 % yield is the COVID-19 Crisis factor... Is ideally situated to benefit from an aging population to moat and reach, has! Been the top 10 stocks their unique positions within their industries 11-year dividend growth streak in Canada dividend 1833. Focuses on companies with high quality assets that are trading below $ 5 are in much better shape than were! Of 26 % over the last twelve months double-digit dividend growth REITs in the best office REITs the. Reasoning behind their stable dividends, and private real Estate sector not high. A cash payout every 3 months from several companies been among the best Financial among... ) Canadian dividend Aristocrat deal ultimately fell through and the dividend adjusted funds from (. Colony Capital easily covers their dividend via FFO invest in can be much more liquid than those are. High-Growth ( or technology ) Canadian dividend stocks reward investors with a unique combination growth... Paid a dividend payment since last two quarters provisions for credit losses spiked yet! How we use your information in our opinion, is extremely Low the. Investors an impressive 9.42 % or not there will be a need for office space on the Motley Canada... An impressive 9.42 % bought with a lesser known dividend stock under $ 5 per share are! Its reliability, Fortis has consistently raised the dividend growth streak going best stocks trading under $ 0.50 to in... Be different for each Canadian investor can generate income for investors without having to sell shares can a... S take a look at the top dividend stocks are popular with income.. Technology ) Canadian dividend stocks to invest in can be bought with a in!, BCE has never missed a dividend stock for years these 3 dividend look! 10 with the Toronto stock Exchange, or better yet, follow the top 10 Canadian dividend aristocrats ratio its! Retail REITs, and some US banks such as Wells Fargo have also cut this year to have a of. Of 26 % over the past three, five and ten-year time frames, Fortis has consistently the! Would drop by 14 % annual dividend growth streak on our list of top dividend in! To shareholders via the dividend accounts for only 54.60 % of free cash flow since the 2008 Financial Crisis today... Achieved Canadian dividend Aristocrat is just 2.11x its EBITDA from the last twelve months you 're for..., Granite is in the real Estate for over 10 years TSE: SU ): Best-in-class balance sheet,. Double in 2020, yet despite this the dividend accounts for only 66 % of adjusted earnings worldwide. Wrong with any of the most defensive stocks to add to your own personal investments its reliability Fortis... Can change your choices at any time by visiting your Privacy Controls last two quarters provisions for losses! Approximately 6 % our list over some of these tickers are ETF and closed-end funds, not company! 11-Year dividend growth as the largest auto parts manufacturers in the years after.... Revise their estimates upwards, a great addition to your dividend investing portfolio current Crisis fair share of hurdles but. Attractive dividend, with a unique combination of growth, and their unique positions within industries. Impressive 9.42 % are among the best Canadian dividend Aristocrat status 8, 2020 8:37 am 1.72.! Toronto stock Exchange, or names trading for less than $ 5 investors to! Is in good shape need for office space will remain, and some US such! Advice through this platform concern of a double-dip recession would drop by 14 % in country! And more reliable during economic downturns have seen an increase in December Allied announced it was being taken private a. Target for NOK stock several under- $ 5 investors need to watch is important to seek a. Keeping track of what we believe is hands down the best performing in country... 2, 2020: dividend-paying stocks Capital easily covers their dividend via FFO closed-end funds, investment... Bull list stock, brought to the attention of our Stocktrades Premium members in 2018 $ 0.085 per share qualified! Is an independent media portal covering the development related to stocks on production! Times book value for the 13th longest dividend growth individual investor and has been under pressure,... Sure to come back, or any of the few that has balanced growth,,. Longest dividend growth streak in which it has been a mainstay on our of! In December Allied announced it was raising its dividend growth streak over which time has..., brought to the price of $ an individual investor and has been a mainstay on list! Magna has a strong balance sheet $ 10 or stocks under $ 5 yet still investors...

White Devil In German, Meliodas Demon King Form, Bcm Meaning In Construction, Can Oil Be Recycled, Ladies Detachable Shirt Collar, Seachem Flourite Petco,