High dividend stocks canada reddit 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. As I mentioned before, you should be looking at free cash flow. A few years ago, you could count on your hands the number of Canadian large caps paying a 5% dividend. Anything in financial, utilities, communication. 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. Otherwise too many stocks, could be made simpler by just throwing more money into XIC - which I also own. But don't invest in dividend stocks thinking they'll perform the best. We Love Silver and Meme Creators. Financia/utilities/ insurance I would look at a portion of this type of fund to increase the income generation in early years. Price is a very important factor in safety. Forget about the stock advice here. to. 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. The underlying portfolio is yield-weighted and broadly diversified across sectors. 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. Good chance those stocks will go down 80% in a few years. Banks, utilities, energy, Here, you can easily find high dividend paying stocks with large market capitalizations. 29 votes, 58 comments. 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. 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%. 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. 7% with dividends included. Silver, DD and dank silver memes, Breaking the COMEX, one waifu at a time. to or Bk. VDY holds banking and energy sectors and those are Canads best holdings to have. 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. Buy Canada - TSX is dominated by banks/financials, materials, utilities and energy (all good dividend stocks) XIC ave 5 year return of 8. “By increasing its proportion Below, I list the 15 best Canadian dividend stocks for 2024. 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. I don't know why you keep getting down voted. Of course, dividends aren't bad, it's just that total return matters more. Please direct all simple questions and "Rate my Portfolio" requests towards the Weekly Discussion Threads (sort by hot, they're at the top). That simply isn’t sustainable, the moment that company declares a lower dividend that stock will sink like the titanic. Now I'm not sure how the taxes are with foreign investments. Google it. Dividend stocks/ETFs outside of the TFSA will be taxed at a lower rate and be eligible for dividend tax credit. Look into a successful dividend fund or ETF. 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. Eligible Canadian dividends can have preferential treatment when you combine the dividend credit at lower tax brackets. PPL - Pembina Pipeline - Transporting all that oil and gas will be with us for a long time. . I joined Dividends Stocks R ock (DSR - Mike Heoux) a few weeks ago. Stocks like Microsoft may pay a relatively small dividend, but they increase it every year. Be sure to investigate whether they return your own capital to maintain dividends and look at the past 5 year performance. 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. 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. 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. High yield, pays monthly Dividends stocks (as a group) tend to outperform the broad market. Remember, this is a subreddit for genuine, high-quality discussion. 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. r/CanadianDividendStock: A community to discuss Canadian Dividend or Distribution paying stocks. Here are my top 7 Canadian dividend stocks that I am building a portfolio around. 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. 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. What other Canadian stocks do you think are safe, that provide high dividends? We are Silver Degens. Many of the highest are deeply red. 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. Welcome to r/dividends!. It's true in registered accounts there's no real advantage to dividends, since the dividend tax credit doesn't apply. For non-reit high div stocks I’m in SIA & KEY. 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. 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. 05%, holds 222 stocks with only 38% in the top ten and a 0. 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. to (Manulife). High dividends are alright but the highest dividend payers are typically crap. 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. Eligible dividends are most Canadian stocks or etfs holding Canadian stocks. 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. I'm excluding ETFs and non tsx stocks. -> Stocks with high dividend. 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. Opinions on what is Canada best dividend etf, for stock appreciation, dividend yield and overall safest Share Add a Comment. Or check it out in the Remember, this is a subreddit for genuine, high-quality discussion. xx%. I'm gonna have to look up they're payout ratio. It requires more involvement and you gain experience which you need to become a successful investor. However, it's not because of the dividend. 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. And value stocks are riskier. Also sidenote, while AAPL stock is loved by many, it's 5 year average dividend CAGR is only 7. The high price means a lower starting dividend yield, and more downside potential if the market reprices the stock downward. Please keep all contributions The only thing it has going for itself is 6% dividend but oof this is so terrible. Dividend stock performance in Canada. Most people earn employment income though, which pushes the dividend income into a higher bracket so "negative tax on dividends" rarely the case. However, as with any stock, there is still risk involved, and the stock price could be lower when you need to sell. Too high of dividend yield may indicate a dividend cut is imminent and Individual dividend payers: TD, T, PPL, RNW, SRU. Sure, for US stocks, an RRSP keeps the 15% dividend withholding tax. 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. You also seem to imply that dividend stocks you are DRIPing aren’t going to drop 20-40% in a recession as well. 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. Enbridge on steroids Dfn. Sure you can look "outside of norm", but there is no value in this stock at all. 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. You will be surprised, each fund has probably 8 stocks held by the other funds. 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. I’m not Canadian, nor do I live in Canada (or ever been), but I love Canadian dividend stocks. 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. 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. Today, that rate looks almost ordinary. That's where you want to be. ZEB and ZWB for a covered call position. I like his thinking (lower yield and higher growth). This is actually correct and most accurate assessment of this debate. Foreign dividends are 100% taxable income. There's an ETF that is specific to the big 5 banks in Canada. Was looking for another pipeline, looks good to me. 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. If you'd like to have a dividend payout to live off of or use as passive income, that's fine. 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. Dividends, aren't income to begin with as the share price is reduced on the ex-dividend by the stock exchange. I don't buy and sell often, so I think this type of strategy works well for me. yield low growth. Moving my so-called portfolio (portfolio sounds like something carefully planned, which mine doesn't feel like ATM) more in line with his philosophy. Instead, dividend stocks have value characteristics. ENB has not beaten this ETF for many years. 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. Because XEI dividend barely grows its been around 10 cents forever along with its overall stock growth potential. As far as stocks, I personally hold MFC. What is your background. From another commenters suggestion in this thread i’ve now added IPL. Ens. They will list their top ten holdings. jizftn ioxbol rqig phq iyrz zshanak ofv lkimyj enkldj ngmu