High dividend stocks canada reddit. ENB has not beaten this ETF for many years.

High dividend stocks canada reddit The underlying portfolio is yield-weighted and broadly diversified across sectors. 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. Banks, utilities, energy, Here, you can easily find high dividend paying stocks with large market capitalizations. Here's a Food for thought, if American; canadian bank stocks are the way to go since you get a great conversion rate for high dividned yields. Dividends, aren't income to begin with as the share price is reduced on the ex-dividend by the stock exchange. I don't know why you keep getting down voted. Eligible Canadian dividends can have preferential treatment when you combine the dividend credit at lower tax brackets. In other words, if a stock is trading at $100 and they issue a $1 dividend, The notion that dividend stocks have higher returns than similar non-dividend stocks have been proven to be untrue. The high price means a lower starting dividend yield, and more downside potential if the market reprices the stock downward. Please direct all simple questions and "Rate my Portfolio" requests towards the Weekly Discussion Threads (sort by hot, they're at the top). I like his thinking (lower yield and higher growth). to (Manulife). High dividends are alright but the highest dividend payers are typically crap. I’m not Canadian, nor do I live in Canada (or ever been), but I love Canadian dividend stocks. Anything in financial, utilities, communication. Good chance those stocks will go down 80% in a few years. Ê÷þÿÅ À Y$ PTA ƒâ RÚ‡ R Ý R—Hí ê¢Nç@j/èÖÎ å I go the DIY route. Most of the usual Canadian dividend payers are between 4%-6% at the moment. Today, that rate looks almost ordinary. 05% management fee (38% financials, 13% materials) ZCN has slightly less financials, slightly more balanced sectors Get the Reddit app Scan this Lots of canadian companies with good dividends in the 5 percent and some slightly higher. However, it's not because of the dividend. You will be surprised, each fund has probably 8 stocks held by the other funds. 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. High yield, pays monthly Dividends stocks (as a group) tend to outperform the broad market. 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. Sure, for US stocks, an RRSP keeps the 15% dividend withholding tax. I'm gonna have to look up they're payout ratio. As I mentioned before, you should be looking at free cash flow. For REITs I own a few, REI, TNT, H&R, Slate Grocery, SRU and looking to add This is the worst performing dividend stock i've seen. Dividend stocks/ETFs outside of the TFSA will be taxed at a lower rate and be eligible for dividend tax credit. ENB has not beaten this ETF for many years. Forget about the stock advice here. xx%. yield low growth. We Love Silver and Meme Creators. In 2011 if you bought any Bank stock or Telecom, not only has your portfolio doubled in value, but your dividend would have been higher than this 6%. Welcome to r/dividends!. r/CanadianDividendStock: A community to discuss Canadian Dividend or Distribution paying stocks. Here are my picks for some of your categories. 28%, dividends of 3. 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 In Canada the dividend tax credit will allow a household to make up to around $80k in eligible dividends tax free. As far as stocks, I personally hold MFC. Too high of dividend yield may indicate a dividend cut is imminent and Individual dividend payers: TD, T, PPL, RNW, SRU. 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. Was looking for another pipeline, looks good to me. Of course, dividends aren't bad, it's just that total return matters more. It requires more involvement and you gain experience which you need to become a successful investor. un, CP, MFC So CDN and US exposure through those ETFs, and then some financial, telecom, pipeline, renewable utility, REIT and Keyera (KEY) takes the cake when it comes to return and yield so far this year which is why it’s one of the best Canadian dividend stocks. If you'd like to have a dividend payout to live off of or use as passive income, that's fine. 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. 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. And value stocks are riskier. 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. Eligible dividends are most Canadian stocks or etfs holding Canadian stocks. A few years ago, you could count on your hands the number of Canadian large caps paying a 5% dividend. 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!* _=ŒHÍê Ð >çý¿/Óþÿÿþ| î]^ÒaGµ! bFåÑ„´t ’ ÒÎŒ _–°·A‰‘\INÂØþ{UË^+ÇKÓs®ríÊE£]‡ KW. 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. 29 votes, 58 comments. What is your background. Buy Canada - TSX is dominated by banks/financials, materials, utilities and energy (all good dividend stocks) XIC ave 5 year return of 8. Google it. to. . My general idea moving forward is 5 Canadian dividend stocks (TFSA), 5 growth stocks (TFSA) and 5 US stocks why would you invest in ETFs vs high dividend yielding I suggest that you read the dividend myths series that begins on this page. Price is a very important factor in safety. VDY has higher dividend payments sitting around 15-16 cents every month along with the actual growth of the ETF, it's like a canadian SCHD. Also sidenote, while AAPL stock is loved by many, it's 5 year average dividend CAGR is only 7. 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. From another commenters suggestion in this thread i’ve now added IPL. ZEB and ZWB for a covered call position. 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. What other Canadian stocks do you think are safe, that provide high dividends? We are Silver Degens. You also seem to imply that dividend stocks you are DRIPing aren’t going to drop 20-40% in a recession as well. 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. Look into a successful dividend fund or ETF. Dividend stock performance in Canada. 05%, holds 222 stocks with only 38% in the top ten and a 0. Silver, DD and dank silver memes, Breaking the COMEX, one waifu at a time. VDY holds banking and energy sectors and those are Canads best holdings to have. 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. Sort (iShares S&P/TSX Composite High Dividend Index ETF) our community is the best way to get help on Reddit Everyone has their preferences, here are some of my favorites. Most people earn employment income though, which pushes the dividend income into a higher bracket so "negative tax on dividends" rarely the case. Sure you can look "outside of norm", but there is no value in this stock at all. That simply isn’t sustainable, the moment that company declares a lower dividend that stock will sink like the titanic. Unsurprisingly, the top Canadian dividend stocks include a mix of dividend aristocrat stocks, big bank stocks, and some of the best monthly dividend Looking for the best Canadian dividend stocks to buy and hold for your portfolio in 2024? Dividend stocks are some of the best investment options in Canada. Enbridge on steroids Dfn. Otherwise too many stocks, could be made simpler by just throwing more money into XIC - which I also own. I'm excluding ETFs and non tsx stocks. to or Bk. This is actually correct and most accurate assessment of this debate. I joined Dividends Stocks R ock (DSR - Mike Heoux) a few weeks ago. Now I'm not sure how the taxes are with foreign investments. Financia/utilities/ insurance I would look at a portion of this type of fund to increase the income generation in early years. It’s a popular way to earn passive income, and many people build Whether you look for high dividend yield stocks, dividend stocks with a history of increasing their dividends, or use some other dividend evaluation metric, be sure to diversify across View a list of TSX and TSXV stocks with the highest dividend yields. Remember, this is a subreddit for genuine, high-quality discussion. I don't buy and sell often, so I think this type of strategy works well for me. Be sure to investigate whether they return your own capital to maintain dividends and look at the past 5 year performance. But don't invest in dividend stocks thinking they'll perform the best. Instead, dividend stocks have value characteristics. Or check it out in the Remember, this is a subreddit for genuine, high-quality discussion. Stocks like Microsoft may pay a relatively small dividend, but they increase it every year. “By increasing its proportion Below, I list the 15 best Canadian dividend stocks for 2024. However, as with any stock, there is still risk involved, and the stock price could be lower when you need to sell. This is a compensated risk called the value premium, and it There is also r/dividendscanada but it's a much smaller and less active subreddit. Because XEI dividend barely grows its been around 10 cents forever along with its overall stock growth potential. Foreign dividends are 100% taxable income. It's true in registered accounts there's no real advantage to dividends, since the dividend tax credit doesn't apply. Please keep all contributions The only thing it has going for itself is 6% dividend but oof this is so terrible. Here are my top 7 Canadian dividend stocks that I am building a portfolio around. That's where you want to be. PPL - Pembina Pipeline - Transporting all that oil and gas will be with us for a long time. What good is a high dividend yield when you are losing money on the stock price? What happens when they cut the dividend? A better investment would have been the S&P500 ETF, last year 28. Moving my so-called portfolio (portfolio sounds like something carefully planned, which mine doesn't feel like ATM) more in line with his philosophy. Ens. 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. The midstream oil and gas operator caught rising energy price tailwinds and has a dividend payout ratio targeted between 50-70% of distributable cash flow. They will list their top ten holdings. Wave if you are a DSR member as well! Putting your money into a 10% yield stock is the same thing as an ultra high risk growth stock. Oct 8, 2024 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. Opinions on what is Canada best dividend etf, for stock appreciation, dividend yield and overall safest Share Add a Comment. Whereas Dividend stocks inside the TFSA would not be eligible for the lower tax rate or dividend tax credit since these stocks would not be taxed. 7% with dividends included. There's an ETF that is specific to the big 5 banks in Canada. For non-reit high div stocks I’m in SIA & KEY. -> Stocks with high dividend. Many of the highest are deeply red. lkkd ashz iay oko vuubdc xpyi dblvoj imwm suau tsploxm