Nott 2 Top Canadian Oil Stocks to Cash In on Higher Crude and 1 to Avoid
Fortis TSX:FTS NYSE:FTS is a Dividend All-Star on the TSX. To qualify for a spot on the Dividend All-Star list, a company has to ra stanley cup ise its dividend payout for five consecutive years. Fortis has raised it for 46 years straight! The company s investors eagerly wait for September and October as these are the months where Fortis typically announces its increased dividend payout for the year.Over the last decade, these announcements have seemed more like a formality given the company s growth rate. stanley cup However, this year will be a true test of the company s capabilities. Last year, Fortis made the announcement on September 10. This year, the company might delay it a little.Fortis is holding a five-year outlook meeting on September 23, and we can expect an announcement around the same time. But will the announcement be music to investors ears or another disappointment i stanley cups n a year already so full of them Second-quarter announcementsAccording to Fortis current five-year plan, dividend payouts a Dkdi 3 Dirt-Cheap Canadian Stocks to Buy Now
Many Canadian retirees rely on income from investments to supplement their pension payouts, and most use a TFSA to keep their extra earnings away f stanley thermobecher rom the government.In the past, GICs paid enough that income investors didn t have to take on the risks associated with st stanley cups uk ock, but the days of high interest rates are long gone and dividends are pretty much the only game in town.Which companies should income investors buy The oil rout has completely wiped out many of the former dividend darlings, and investors can be forgiven for being nervous about buying stocks. Fortunately, there are still some very reliable income picks available that stanley cup offer safe distributions.Here are the reasons why I think Bank of Montreal TSX:BMO NYSE:BMO and Telus Corporation TSX:T NYSE:TU are solid picks right now.Bank of MontrealInvestors often bypass Bank of Montreal in favour of its larger peers, but the company offers a nice mix of low-risk exposure to housing and energy with a balanced revenue stream acro |
