September 1, 2011
in Canadian, Canadian economy, Q3, S&P/TSX, TD, TSX, banks, dividends, earnings, income, market reports
Not so long ago we were still wondering when the Canadian banks would raise their dividends again, if ever (it seemed) after the 2008-2009 crisis.
Then National Bank led the way, quickly followed by TD.
It’s earnings week for Canadian banks this week, and TD (Toronto Dominion Group) just posted a 23% gain in profits, while raising [...]
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May 24, 2011
in 2011, Canadian, May, Scotiabank, TD, banks, dividends, income, interest rates, news and updates
The dry spell in bank dividends in Canada is officially over. Although Laurentian had raised its dividend shortly after the worst of the crisis was over, it’s not usually considered one of the Big 5 or even Big 6, the members of which are heavily owned by a majority of Canadians through pension plans, RRSPs [...]
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The highest paying dividend stocks will help you weather double-digit inflation much better even than real return bonds will. Just be sure to do a further check for (1) how safe the dividend yield is and (2) whether the stock also frequently raises its dividend. No point owning a dividend stock long term if it [...]
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December 28, 2010
in 2011, Canadian, Canadian economy, Computershare, DRIPs, TSX, distributions, dividends, income, income trusts, news and updates, telcos, telecom
As of January 1, 2011, Bell Aliant Regional Communication Income Fund Unites (TSX: BA.UN) will complete the conversion from an income trust structure to a corporate structure.
Changes to Canadian taxation rules that come into effect on January 1st entail that Canadian income trusts will now be subject to taxation just as if they were corporations. [...]
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November 4, 2010 · 3 comments
in 2010, Canadian, S&P/TSX, distributions, dividends, financial planning, income, income trusts, media, news and updates, stocks, telecom
Yellow Pages Income Trust (TSX: YLO.UN) converted to a corporation on Monday, November 1, 2010. It now trades on the TSX under the name Yellow Media Inc. with the ticker (TSX: YLO).
What Happens to the Rest of Your Income Trusts Before 2011
In their Q3 news release, Yellow Media Inc. announced that distributions would be $0.35/year, [...]
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October 31, 2010
in 2010, Canadian, DRIPs, November, S&P/TSX, banks, dividends, financial planning, investing, money management, news and updates, passive income, special dates, stocks, wealthbuilding
Canadian bank DRIPs are known for discounts of 2-3% on dividend reinvestment through their DRIP plans, but these discounts do fluctuate.
Starting with the November 2010 common dividend, the Bank of Montreal (TSX: BMO) will no longer provide a DRIP discount from the average market price on common shares purchased under the plan.
BMO has said there will [...]
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August 26, 2010 · 3 comments
in Canadian, Q3, TSX, banks, cashflow, dividends, earnings, market reports, news and updates, portfolio, stocks, wealthbuilding, yield
CIBC came out with third quarter earnings today and they topped analyst expectations handily, by an additional 13 cents per share over the amount expected.
The big question on Canadian investors’ minds, though, is when CIBC can finally begin raising its dividend again. Right now CIBC is paying 87 cents a share and has been for [...]
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