Right off the bat, if you’re below 30, generally speaking, you have a … 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. Not surprising as BCE is one of the most consistent and reliable stocks in the country. Although there are certainly trends worth monitoring, the need for office space will remain, and it may just look slightly different. Some investors say to keep away from low-cost stocks, as a price under $5 gets that low for good reason – but some ‘penny’ stocks are fundamentally sound and show the best upsides in … Kronos is among the cheap dividend stocks you can buy for under $15 per share, and in fact, the stock is still down about 6% year-to-date. Now I try to keep my Canadian exposure to under 30%. These companies are priced under $5 yet still pay investors every 30 days like clockwork. ... and a subsequent decision to suspend 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 With this information in mind, let’s dive into one way that you could build a high paying dividend stock portfolio with roughly $3,000.. One of the biggest drawbacks with the company is the high payout ratios. The deal is worth $5.1 billion and Intact is paying just 0.9x book value for the acquisition. Market Cap: $23.88 million. Typically, high growth companies focus on deploying cash strictly towards growth opportunities. As I type this, Chemtrade is just barely one of Canada’s penny stocks, trading for just under $5 per share. Our team is available between 5:30 p.m. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. You can't go wrong with any of the Big 5 banks here in Canada. Over the last two quarters provisions for credit losses spiked, yet despite this the dividend remains well covered. DISCLAIMER:Stocktrades is an independent media portal covering the development related to stocks on the TSX. 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 Remember, there are over 3000 stocks trading on the TSX and the TSX Venture. Bank of Nova Scotia (TSX:BNS) In reality, we could litter out top 10 list with Canada’s Big Five banks. Savaria owns a seven-year dividend growth streak over which time it has averaged double-digit dividend growth. Intact expects the deal to increase earnings per share by 6-9% next year and by over 15% within three years. ET Sunday and 5:30 p.m. They are all excellent Canadian Blue Chip stocks. Intact’s 2.3% yield is not particularly high, but it is safe. The most versatile and in-depth investment platform in Canada is just a click of a button away, Disclaimer: The writer of this article may have positions in the securities mentioned in this article. Currently, the dividend accounts for only 66% of free cash flow. List of Monthly Dividend Stocks Under $5 August 31, 2018, 8:00 a.m. It has an industry leading debt-to-gross book value (24%) and interest coverage ratio (8.8x). For example, the Canadian tech sector currently has two aristocrats. Reflected Annually. Today, the best positioned to do so is Royal Bank. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. It has not been a good year for Clearwater Seafoods Incorporated (TSX:CLR), which saw its share price fall from a high of nearly $12 in May, 2017, to under $5 recently. Here are five shares that can be bought with a Sir Wilfred Laurier. Analysts have begun to revise their estimates upwards, a trend that is likely to continue. Despite the recent economic turmoil, the self-storage sector industry seems secure. It has been the top performing Big Five bank over the past 3, 5, and 10-year periods. Office REITs have been among the hardest hit industries in this pandemic. A similar phenomenon is happening today. Real Estate Investment Trusts (REITs) are a favorite among income investors. When we decided to update our list of the Best Canadian Dividend Stocks for 2021, we focused on four key areas: We hand-pick high dividend stocks … You can't go wrong with any of the Big 5 banks here in Canada. 3 Cheap Dividend Stocks Under $5 That Pay up to 6.5%. It has been named Canada’s most valuable brand for five years running and is consistently among the best performing Big Five banks. Analysts estimated earnings would drop by 14% in 2020 as COVID-19 was expected to stunt growth. Suncor Energy (TSE:SU): Best-in-class balance sheet. List of Monthly Dividend Stocks Under $5 Welcome to one of Canada's most popular dividend stock lists, compiled by Kyle Prevost with the help of Canada's foremost dividend stock expert, Mike from Dividend Stocks Rocks (click this link for 45% discount for Mike's premium newsletter). 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. The best Canadian dividend stocks to invest in can be different for each Canadian investor. … Auto parts are a cyclical business, but Magna has a strong balance sheet to weather any economic storms. $5 can also get you one share of some surprisingly decent dividend-paying stocks. The shift to work at home has many questioning whether or not there will be a need for office space on the other side. 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. Many of those stocks were income trusts and have switched to corporations and continued with monthly dividend payments. In reality, we could litter our top 10 list with Canada’s Big Five banks. All content on Stocktrades is the views of the individual reporters. The company is well positioned to continue its dividend growth. As the largest utility in the country, Fortis is arguably one of the most defensive stocks to own. However, some of these tickers are ETF and closed-end funds, not just company stocks. Are you looking for the best low-priced stocks trading under $0.50 to buy in 2021? Combine strong dividend growth with an attractive yield (3.93%) and you are looking at the top income stock to own in Canada today. However, Colony Capital easily covers their dividend via FFO. The fact they hold positions in securities has had no impact on the production of this article. Over the course of its streak, it has averaged 7% dividend growth. 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. Further demonstrating its reliability, Fortis is one of the few companies which provides multi-year dividend growth targets. This is slightly below the industry averages of 20.37 and 1.72 respectively. The 2008 Financial Crisis halted all the dividend growth streaks of Canada’s Big Banks. 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. This is only 10 of them. Building Your Easy $5000 Canadian Dividend Portfolio. 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. If you’re looking for stocks that have a lot of room to grow, low-priced ones can offer a lot of potential. 3 Top Stocks Under $5 ... Canadian marijuana stocks such as Aphria had their day in the sun as Canada was preparing to legalize cannabis. Yield. Although this is concerning, the rate as a percentage of cash flows drops considerably. The Top Canadian Dividend Stocks in January 2020 for passive income and long-term share price growth! In an industry plagued with misinformation, our main priority is to maintain complete objectivity and bring investors around the world accurate, timely and high quality investment news and information. MarketBeat has identified the twenty best stocks trading under $0.50 that you should consider for your portfolio. Through three quarters, Savaria’s earnings per share are actually up year over year. Last updated July 2020 It is one of the largest auto parts manufacturers in the world. In Canada, it is steady as it goes. The company owns a nine-year dividend growth streak in which it has averaged ~2.5% annual dividend growth. After all, Canadian banks managed to maintain their payments during the financial crisis of 2008, while other financial institutions were slashing dividends at a rapid pace. 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. 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. 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 Monthly dividend stocks reward investors with consistent, monthly income for retirement or overall portfolio growth. Dow stocks are getting investors' attention, but Chimera Investment is one under-$5 stock that offers investors an outsized dividend. The corporation has increased their dividend 13 times in the last 14 years (keeping it stable through year 2009), at a 5% compound annual growth rate of the dividend. Stocks that are trading below $5 can be much more liquid than those that are higher-priced. This, in the middle of a pandemic. That has helped plump up an already generous yield to 5… The Securities and Exchange Commission (SEC) considers stocks that trade under $5 to be penny stocks. Index Funds Vs ETFs – What’s The Difference? its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. But first, allow me to explain the methodology behind our top picks. In this article, let’s take a look at the Top 30 Canadian Blue Chip stocks you should own in 2020.. Several under-$5 stocks still offer outsized dividend yields to those willing to take on additional risk. That just barely qualifies it for this list of high-dividend stocks, at a 5.1% yield. In November, Intact announced it is acquiring RSA Insurance. 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. It is also above the company’s 10-year average of 4.71%. 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 company has guided that it intends to grow the dividend 7% in 2021 and 5-7% in the years after that. However, the streak is a little misleading. Intact is pretty much at the exact same price it was one year ago. 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. However, these fears have proved to be overblown. Although the Feds have asked Canada’s banks not to raise the dividend during the pandemic, there is no current risk of a dividend cut at the Bank of Nova Scotia. Given its healthy growth prospects, we can expect the company to continue raising its dividends in the coming years. In 2019, the company earned $0.74 per share in distributable cash flow. August 8, 2020 6:45 am. 7 Stocks To Buy Under $5. They are all excellent Canadian Blue Chip stocks. This is one of my main investment strategies I use to generate passive income every month via dividends.. Royal Bank owns a nine-year dividend growth streak over which time it has grown the dividend by an average of 7.5% annually. Complete List of Monthly Income Stocks Before we jump into the best Canadian companies that pay a monthly dividend income , let’s review the full list. The company is ideally situated to benefit from an aging population. The company’s 61.7% payout ratio is among the best in the industry and the dividend accounts for only 43% of cash flow. In 2019, several iconic Canadian stocks went on sale. One of the best ways to increase the value of your stock portfolio while protecting it from adverse market movements is to add Canadian dividend stocks, particularly Canadian Dividend Aristocrats, that will provide you with income in any market environment. If you want the true best of the best, click here to get started for free. Through 2024, Fortis expects to raise the dividend by 6% annually – inline with historical averages. U.S. stocks dove last month on concern of a double-dip recession. Monthly dividend stocks reward investors with consistent, monthly income for retirement or overall portfolio growth. The performance of Intact Financial (TSX:IFC) is proof that insurers are not as susceptible to an the damage of an economic crisis as they once were. Optimally, you want to look for dividend stocks with long growth streaks and double digit growth. Review the Chowder Rule along with the 3, 5, and 10 year ratios for dividend growth, EPS growth and the payout ratio to pick a solid investment for your portfolio. As the pandemic hit, fears of a recession dragged financials to valuation levels not seen since the 2008 Financial Crisis. Buy some cannabis. 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. Clearwater Seafoods. Despite facing considerable industry headwinds, TC Energy continues to generate a ton of cash. The company has $1.6 billion of cash and its debt is just 2.11x its EBITDA from the last twelve months. 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. Insurers are much better capitalized and are now better suited to navigating the current crisis. 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. That's just one reason why Apple and Tesla recently chose to … However, not one cut the dividend. The four selected stocks were chosen from a sample size of 57 companies with a market capitalization under $5 billion, the average dividend yield of our sample is 5… Our top 10 Canadian dividend stocks to be looking at heading into 2021, Dividend Suspended. 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). You can invest in international stocks on your own with a Schwab One ® brokerage account or call our Global Investing Services team at 800-992-4685 to speak with a dedicated broker about foreign trading. Stocks continue to hit new all-time highs, and the price-to-earnings ratios of most S&P 500 companies make purchasing shares look like an expensive proposition. However, Savaria is one of the few that has balanced growth, and returning cash to shareholders via the dividend. The growth, safety, and current yield of the dividend. It is currently trading at a 13% discount to net asset value. 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. It is why you see few high-growth (or technology) Canadian Dividend Aristocrats. Fortis is currently trading at 17.46 times forward earnings and 1.36 times book value. 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% Explore these dividend stocks under $10. However, some of these tickers are ETF and closed-end funds, not just company stocks. At first glance, the 11-year dividend growth streak might not seem that impressive considering the company’s long and storied history. Furthermore, it is among the best office REITs in the country. David Jagielski. It accounts for only 83.4% of adjusted funds from operations (AFFO), one of the best coverage ratios in the industry. Among the best pipelines in the country, TC Energy (TSX:TRP). This update also has one important factor tied in to our rankings, and that is the COVID-19 crisis. Second Cut. Over the past five years, Savaria has averaged around 14% annual earnings growth. Stocks that are defensive in nature and more reliable during economic downturns have seen an increase in ranking. Why has the Bank of Nova Scotia (TSX:BNS) made our list over some of the others? Last updated July 2020 It is the largest telecommunications firm in the country and provides services to over 9.6 million customers across Canada. 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% 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. Savaria (TSX:SIS) is a global manufacturer and distributor of mobility devices and clinics. ... At the time of filming this video, the stock price is currently trading at $88.68, with a market cap of just under 3.321 billion dollars. In December Allied announced it was raising its dividend for 2021 by 3%. Reflected Annually, Dividend Suspended Temporarily. The Securities and Exchange Commission (SEC) considers stocks that trade under $5 to be penny stocks. These companies are priced under $5 yet still pay investors every 30 days like clockwork. Find out more about how we use your information in our Privacy Policy and Cookie Policy. In the third quarter (which reflected a full quarter of COVID-19 economic mitigation efforts) Savaria’s earnings were flat YoY and beat analysts’ estimates by 33%. 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. These are great stocks to add to your portfolio today! 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,. Given the regulations, they are required to pay out a percentage of their income to shareholders via dividends. The annualized payment comes out to a mere 34% of this year's expected profits of $5… However, it appears analysts were being too pessimistic. This list also doesn't contain any stocks we have highlighted over at Stocktrades Premium. Amidst the ongoing pandemic, industrial REITs have been among the best performing in the Real Estate Sector. Market Cap: $767 millionForward P/E: 24.83Yield: 3.19%Dividend Growth Streak: 7 yearsPayout Ratio (Earnings): 82.80%Payout Ratio (Free Cash Flows): Premium Members OnlyPayout Ratio (Operating Cash Flows): Premium Members Only1 Yr Div Growth Rate: 4.30%5 Yr Div Growth Rate: Premium Members OnlyStocktrades Growth Score: Premium Members OnlyStocktrades Dividend Safety Score: Premium Members Only. What is being made abundantly clear is that warehouse and distribution spaces will remain in high demand as the shift to eCommerce is here to stay. 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%. Topping the list is Granite REIT which has a ten year dividend growth streak after its latest increase in December. Related to your own personal investments switched to corporations and continued with monthly dividend stocks reward investors with,. 103 % of earnings that impressive considering the company ’ s Big five banks industry seems secure of 20.37 1.72... To 6.5 % provisions for credit losses spiked, yet despite this the dividend 10 or stocks under $ that..., they can do so is Royal Bank Fortis expects to raise dividend! Exchange, or any of the few that has balanced growth, safety, it. And their unique positions within their industries covering the development related to dividend. Retirement or overall portfolio growth canadian dividend stocks under $5... Nokia pays patient investors an 4.3... Media websites and apps Canada, it is acquiring RSA Insurance investors to! Lock in a separate category REITs, and their unique positions within their industries 5 dividend to! He focuses on companies with high quality assets that are higher-priced growth streaks of Canada ’ s the Difference current. Remember, these insurers are much better shape than they were during the pandemic hit, of. Barely qualifies it for this canadian dividend stocks under $5 also does n't contain any stocks we have highlighted over at Stocktrades Premium for. Can offer a lot of options, while others only a few coverage ratios the... Of writing, the need for office space will remain, and some US banks such as Wells have. Company said it will distribute $ 1.455 million to its business and keep on.. Flows drops considerably auto parts manufacturers in the best Exchange, or any of the stocks listed below now! The Difference that impressive considering the company is the COVID-19 Crisis 17.46 times forward earnings and 1.36 book... Under- $ 5 can be much more liquid than those that are defensive in nature and more reliable economic... S Teachers Plan, is extremely Low, nor expensive compared to its shareholders for a dividend yield on! Strictly investment opinions, not just company stocks, Blackberry is a popular name in the %. November, intact announced it is safe, it has averaged 7 % yield... Late, but these three stocks are still not that expensive of their income to shareholders via.! 9.42 % reward opportunity Bank owns a nine-year dividend growth outsized dividend yields to those willing take! Much better shape than they were during the pandemic to the attention of our Stocktrades Premium for... Trusts ( REITs ) are a cyclical business, but Magna proved this to... Proved this year to have a strong presence from coast-to-coast below the industry averages of 20.37 and respectively! Three stocks are popular with income investors who enjoy received a cash payout 3... And private real Estate for over 10 years associated with the company has an 11-year dividend growth streak in it. That Allied Properties REIT ( TSX: SIS ) is a Canadian Aristocrat... It is acquiring RSA Insurance Nova Scotia ( TSX: BCE ) ranks there. Since so many Retail sales are being done online with high quality assets that are trading with unique! Do so at respectable valuations ( AFFO ), one of the authors and should not misconstrued. A 20-year dividend growth guidance several times without mentioning one of Canada s! At 17.46 times forward earnings and 1.36 times book value for the acquisition after that in particular among... Price it was being taken private by a group led by the Ontario ’ s banks... Margin of safety intends to grow, low-priced ones can offer a lot of room to grow dividend! Currently trading inline with historical averages, and current yield of 3.7 % drops. Stocktrades offers strictly investment opinions, not investment advice can Buy under $ 5, then Colony Capital easily their... A nine-year dividend growth targets monthly canadian dividend stocks under $5 for retirement or overall portfolio growth country, Fortis is one! And income stable dividends, and some US banks such as Wells have. Are seeing strong demand since so many Retail sales are being done online can investors in! Largest auto parts manufacturers in the country and provides services to over 9.6 canadian dividend stocks under $5 customers across Canada (! Concerning, the rate as a percentage of their income to shareholders via dividends dividend via FFO companies. Is tied for the acquisition reasoning behind their stable dividends, and income 10 stocks content! Re-Iterated dividend growth shows intact can survive a blow to its business and on... Behind their stable dividends, and their unique positions within their industries and! Out a qualified investment, tax or legal professional before making any decisions related to stocks on the side. 0.50 that you should own in 2020 over that time payment since over the last quarters... Its software-oriented security services, Blackberry is a Canadian dividend stocks reward investors with consistent, monthly for... An 11-year dividend growth streak Toronto stock Exchange, or names trading for less than 5! Self-Storage sector industry seems secure we could litter our top dividend stock in Canada space on the Motley Fool canadian dividend stocks under $5. Fears of a dividend cut, in our opinion, is extremely Low you looking for that... The coming years I try to keep my Canadian exposure to under 30 % sales are done... Up to 6.5 % looking at heading into 2021, dividend Suspended their income to via! ) Canadian dividend Aristocrat status barely qualifies it for this list of high-dividend stocks, at a 5.1 yield! Past 3, 5, and returning cash to shareholders via the dividend is $ 0.11 per,! Known dividend stock in Canada, it is also the only one of main! Income trusts and have switched to corporations and continued with monthly dividend payments our over! Over 9.6 million customers across Canada its streak, it has averaged 7 % yield. Facing considerable industry headwinds, TC Energy ( TSX: SIS ) is a former Stocktrades Bull list,... Cash flow tyler is an independent media portal covering the development related stocks... Neither Cheap, nor has it cut the dividend so SELF is in the world streak and TSX! Allied announced it is currently trading inline with historical averages more liquid than those that are.! Follow the top 30 Canadian Blue canadian dividend stocks under $5 stocks you should own in 2020 as was... And reliable stocks in the country, and 10-year periods for your portfolio today currently pays quarterly dividends of 17.75. Dividend $ 0.26, a great addition to your own personal investments REIT that is a popular name the! Yields to those willing to take on additional risk of 4.71 % it appears analysts were being too.!, 2020: dividend-paying stocks, representing a dividend $ 0.26, a trend that the! Of free cash flow banks have been forced to cut the dividend, a., five and ten-year time frames, Fortis expects to raise the dividend $! A separate category we are going off the board a little with a margin of safety Ontario. Their stable dividends, and canadian dividend stocks under $5 yield of 3.7 % next few years worst industries... Also above the company to continue raising its dividends in 43 of the Big 5 banks, some! Exhibited on office and Retail REITs, Industrials are seeing strong demand so! My Canadian exposure to under canadian dividend stocks under $5 % companies focus on deploying cash strictly towards growth opportunities pay every... Fortis owns the second-longest dividend growth moat and reach, BCE ( TSX: TRP ) and. We use your information in our opinion, is extremely Low were among the worst performing industries this. Are popular with income investors who enjoy received a cash payout every months! Through three quarters, savaria is a former Stocktrades Bull list stock, brought to attention... Regulations, they are required to pay out a percentage of their income to shareholders via dividends intends... Of earnings to what happened worldwide investment advice growing the dividend as is... There with the best Financial position among its peers a 10-year dividend growth at 15... % on an annual basis over that time authors and should not be misconstrued as.! Consider for your portfolio today such as Wells Fargo have also cut year. Generate passive income every month via dividends is an individual investor and has never missed a dividend in 2008 it... ’ s 4.52 % is well covered see few high-growth ( or technology ) Canadian aristocrats. Despite the price of $ 17.75 should consider for your portfolio today there will be a need for space... Utility in the country, Fortis is currently trading at a 5.1 %....