2 Canadian shares that can feed your portfolio for decades

When it comes to investing, many Canadian investors can consider shares from more a short -term prospect. Those who can give you that electricity before you sell and swim in that stack of money that you have just earned.

But news flash: that’s not investing, that’s gambling. And it comes with the same risks as if you have taken all that money and poured it into a casino. That is why companies that offer two things are an even better option: stability and income. Today we are going to look at two dividend shares that offer exactly that, with stable prospects, strong income and dividends that continue to come.

TFI supply

First, TFI International (TSX: TFII). This is one of those companies that you may not know, but once you have read about it, they will pop up everywhere. Why? Because so many trucks from the company flood the highways that you regularly drive.

TFI is a strong option for those who are looking for stable income from these stable transport and logistics activities, and income has recently proven that. The dividend share reported a strong cash generation with an operational cash flow of $ 1.1 billion. This certainly helps to dividend income, because that cash flow directly supports dividend payment. The dividend has a current yield of 1.9% when writing.

Now it’s not perfect. The same winning report reported income and income that falls on an annual basis as the profit challenges continue to exist. In addition, the dividend share has a high leverage with a debt-to-equity (D/E) ratio of 113% when writing. This is potential risks in the midst of all this market volatility. But if you are looking for value, it can now be the best time to jump into the recovery.

Nutrients

Then we have a winner, Nutrients (TSX: NTR). If you like food, Nutrien shares is one of the best investments that money can buy. The company benefits from a strong global demand for fertilizers and demand disturbances. And that implementation does not go away quickly.

In fact, this dividend stock has a bit of a legendary past. After an increase of nearly $ 150 per share with sanctions against Russian Potas, Nutrien then went stock after the demand returned to normality. But that only shows the speculative character of the market. The recent income continued to show support for the growth of these strong shares, for example.

During her quarterly announcement, Nutrien reported considerable net income and income before interest, taxes, depreciation and amortization (EBITDA) at $ 15.5 billion in income for the first half of this year. In addition, the dividend stock has optimized its activities and capital expenditures for even more growth, while retaining his leadership position in crop puts. And with a dividend yield of 3.9% when writing, investors have a reason to buy in now.

Bottom Line

If you are looking for two dividend shares that have great prospects, these two will certainly fit into the account. TFI shares give you access to the growing logistics and truck industry – and against a valuable share price. Nutrien Stock offers you the building blocks of the growth of crops, an industry that certainly does not disappear quickly. If you would place $ 5,000 for each dividend share today, investors would immediately deliver an annual income of $ 282.

So stop trying to find that next cent or meme broth and shoots on the moon. Instead, look here on earth where there are enormous opportunities to grab.