Whether you are retired, almost retire or just tired of working, dividend shares can help to supplement or even replace your income from employment. In fact, many Canadian investors have built slowly and steadily divided portfolios that far exceeded their regular income.
If you are looking for a place to start, here are three shares that offer dividend income with a low risk for the long term.
A stock with an incredible dividend growth process
Canadian natural resources (TSX: CNQ) is a money machine. Even when oil prices have been drastically moderated to $ 60- $ 70, it still generated $ 3.3 billion in fund flows and $ 1.5 billion profit in the recent quarter.
In the second quarter alone, the $ 1.2 billion returned to shareholders in the form of dividends and $ 400 million in the form of share purchasing.
Canadian Natural has a lean work model that can generate positive free cash flows, even if the oil prices were to fall in the range of $ 40. It has several decades of inventory, so it doesn’t have to spend much to find new discoveries.
In fact, it has consolidated high-quality, long lifespan in Western Canada in recent years. That should only strengthen his lifespan.
Nowadays this dividend share yields 5.4%. The company has grown its dividend with a +20% compound annual growth rate (CAGR) for 25 years. For dividends this is a high -quality stock to hold.
A real estate supply with value and income
If you want something without exposing raw materials, First Capital Real Estate Investment Trust (TSX: FCR.UN) can be interesting. It has 21.9 million square feet of urban-oriented, supermarket-worshiped retail space.
The company focuses on property in neighborhoods with high density. The centrally located properties deserve a strong occupancy (more than 97%) and have enjoyed the growth of the mid-single-digit rental report for years.
First capital has sold non-core assets and strengthens the balance. It also has substantial development and land assets that are not reasonably appreciated in the price.
This recession resilient dividend share currently yields 4.6%. For a quality portfolio of assets that still acts with a discount on their private market value, there is an attractive value in this share today.
A top dividend stock for income with a low risk in the long term
Altagas (TSX: ALA) is another resilient dividend stock that is worth keeping for the long term. Altagas is a hybrid company. It has a business company in the Northern United States. It also has a crucial energy -midstream -business in West -Canada.
This stock is intriguing because you have a very stable (and growing) activities, but with a discount for the most similar peers in their respective segments. In the past five years, Altagas has pressed better on a large scale than with a profit of 150% share price.
At that time, Altagas grew income with a CAGR of 19% and a profit per share with a CAGR of 12%. The company has completed a very successful walk -through strategy. Nowadays it has a very improved balance, a great mix of stable assets and above average growth opportunities.
This dividend share yields 3%. It has grown its dividend with an annual percentage of 6%. It expects the dividend growth rate for the coming years. It is a solid dividend share with a low risk of retaining if you prefer to earn passive money than before working.
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