An annual 8% yield is more than the 7% compounded annual growth the TSX Composite Index gave in the last five years. An 8% yield, when compounded, can double your money in nine years, as per the rule of 72. An 8% yield can give you a considerable passive income. And three stocks are currently offering this high yield. It is better to grab them before their stock price rises.
Timbrecreek Financial stock
Timbrecreek Financial(TSX:TF) stock has recovered more than 50% from the 2022 fall triggered by the series of interest rate hikes. However, there is room for more 11–15% upside till the stock returns to its 2021 level of $9–$9.40. The short-term lender to income-generating REITs saw an 11% year-over-year decline in its operating income in the June quarter as many REITs repaid their loans and new loan uptake was slow. This slowed the overall loan turnover as REITs stalled their development plans till finances became affordable.
The situation is reversing. The Bank of Canada took the first step and initiated a series of interest rate cuts in June. So far it has announced three 25 basis point rate cuts reducing the interest rate to 4.25%. More rate cuts are likely. This could build momentum in the lending space and drive Timbercreek's loan turnover.
The stock is currently trading around $8.10 and has a yield of 8.5%. But this yield won't last long as the stock price could surge with every rate cut announcement. Now is a good time to buy in bulk and lock in a high yield. Since the stock gives monthly payouts you can opt for a dividend reinvestment plan (DRIP) and compound your dividends monthly.
A $5,000 investment in Timbercreek today can buy 612 shares of TF that will pay $35 per month. Assuming the stock price grows to $9.40 and maintains this average, the DRIP can compound your dividend and give you $78 per month in passive income by 2033, assuming the dividend per share remains the same ($0.69).
BCE stock
BCE (TSX:BCE) is another good dividend stock offering an 8.5% yield. The stock fell amid telecom sector consolidation and mounting debt from 5G infrastructure spending. The telco is still trading near its 10-year low of below $50. While the rising interest rates inflated the dividend payout ratio to 113%, cost-cutting and restructuring could improve cash flows. And the recent rate cuts could bring significant savings on interest expense, easing the payout ratio.
BCE offers a DRIP and also grows dividends by 3% annually. While there is uncertainty around the telco growing the dividend in 2025 amid the weak profits, it will likely increase dividends in the long term as it unlocks the 5G potential.
The 5G infrastructure will connect more devices to the cloud and bring artificial intelligence to the edge. BCE is adding cloud services to cater to these next-generation needs.
Slate Grocery REIT
While the above two stocks offer DRIP, Slate Grocery REIT (TSX:SGR.UN) does not. What the REIT offers is an 8.3% annual yield paid in 12 monthly installments. The REIT pays dividends in US dollars, and Canadian investors benefit from exchange rate fluctuations. The REIT has a resilient business model as its tenants are majorly grocers, which means the occupancy rates will remain high in all economic cycles.
Any possible dividend cuts by BCE and Timbercreek Financial will be absorbed by Timbercreek Financial, preparing your passive income portfolio for all economic cycles. You can use the dividend payouts from Slate Grocery REIT to make some opportunistic investments in high-growth stocks under $5, like Ballard Power Systems.
8%的年收益率超过了多伦多证券交易所综合指数在过去五年中实现的7%的复合年增长率。根据72法则,8%的收益率加起来可以在九年内使您的资金翻一番。8%的收益率可以给你带来可观的被动收入。目前有三只股票提供如此高的收益。最好在股价上涨之前抓住它们。
Timbrecreek Financial股
Timbrecreek Financial(多伦多证券交易所股票代码:TF)的股票已从2022年一系列加息引发的下跌中回升了50%以上。但是,在股票恢复到2021年9至9.40美元的水平之前,还有11-15%的上涨空间。这家创收房地产投资信托基金的短期贷款机构在6月季度的营业收入同比下降了11%,原因是许多房地产投资信托基金偿还了贷款,新贷款的吸收缓慢。这减缓了整体贷款周转率,因为房地产投资信托基金拖延了其发展计划,直到财务负担得起。
情况正在逆转。加拿大银行迈出了第一步,于6月启动了一系列降息。到目前为止,它已经宣布三次降息25个基点,将利率降至4.25%。可能会有更多的降息。这可能会增强贷款领域的势头,推动Timbercreek的贷款周转率。
该股目前的交易价格约为8.10美元,收益率为8.5%。但是,由于每次宣布降息,股价都可能飙升,因此这种收益率不会持续很长时间。现在是批量购买并锁定高收益的好时机。由于股票按月支付,因此您可以选择股息再投资计划(DRIP),并按月复利。
今天对Timbercreek的5,000美元投资可以购买612股TF股票,每月将支付35美元。假设股价上涨至9.40美元并保持这一平均水平,则假设每股股息保持不变(0.69美元),DRIP可以复利您的股息,并在2033年之前为您提供每月78美元的被动收入。
BCE 股票
BCE(多伦多证券交易所股票代码:BCE)是另一只不错的股息股票,收益率为8.5%。由于电信行业整合以及5G基础设施支出造成的债务增加,该股下跌。该电信公司的交易价格仍接近50美元以下的10年低点。尽管利率上升将股息支付率提高至113%,但削减成本和重组可以改善现金流。而最近的降息可以节省大量的利息支出,从而降低派息率。
BCE提供DRIP,并且每年将股息增长3%。尽管在利润疲软的情况下,该电信公司在2025年增加股息尚不确定,但随着5G潜力的释放,长期来看,它可能会增加股息。
5G 基础设施将更多设备连接到云端,并将人工智能带到边缘。BCE 正在增加云服务以满足这些下一代需求。
Slate Grocery REIT
尽管上述两只股票提供DRIP,但Slate Grocery REIT(多伦多证券交易所股票代码:SGR.UN)没有。房地产投资信托基金提供的是8.3%的年收益率,分12个月分期支付。房地产投资信托基金以美元支付股息,加拿大投资者受益于汇率波动。房地产投资信托基金具有弹性的商业模式,因为其租户主要是杂货商,这意味着在所有经济周期中,入住率将保持在较高水平。
BCE和Timbercreek Financial可能削减的任何股息都将由Timbercreek Financial吸收,为您的被动收益投资组合做好应对所有经济周期的准备。你可以使用Slate Grocery REIT的股息支出对低于5美元的高增长股票(例如巴拉德电力系统)进行一些机会主义投资。