2 Dividend Stocks to Double Up on Right Now
2 Dividend Stocks to Double Up on Right Now
The TSX is near its record high, but investors can still find good Canadian dividend stocks trading at reasonable prices for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio.
TSX接近其纪录高位,但投资者仍然可以找到以合理价格交易的优质加拿大股息股票,以用于自助式免税储蓄账户(TFSA)或注册退休储蓄计划(RRSP)组合。
Fortis
Fortis
Fortis (TSX:FTS) is a Canadian utility company with assets spread out across Canada, the United States, and the Caribbean.
Fortis(TSX:FTS)是一家加拿大公用事业公司,其资产分布在加拿大、美国和加勒比地区。
The stock is up about 15% over the past six months, largely driven by cuts to interest rates in Canada and the United States. Fortis uses debt to fund part of its growth initiatives. As interest rates soared in 2022 and 2023 investors sold the stock on concerns that higher debt expenses would cut into cash available for distributions. Elevated borrowing costs can also make some projects less attractive, which could reduce the growth outlook.
过去六个月,该股票上涨约15%,主要是受到加拿大和美国降息的推动。Fortis使用债务来资助部分增长计划。由于2022年和2023年利率飙升,投资者因担心更高的债务费用会削减可用于分配的现金而抛售该股票。高昂的借贷成本还可能使一些项目吸引力下降,这可能会降低增长前景。
Now that the Bank of Canada and the U.S. Federal Reserve are cutting interest rates, investors are more optimistic about the outlook for utility stocks.
现在加拿大银行和美国联邦储备委员会正在降低利率,投资者对公用事业股的前景更加乐观。
Fortis generates most of its revenue from rate-regulated businesses, including natural gas distribution, electricity transmission, and power generation. This means cash flow tends to be reliable and predictable, which is a good situation for investors who rely on Fortis for its steady dividend growth.
Fortis大多数营业收入来自于受监管的业务,包括天然气分配、电力传输和发电。这意味着现金流往往是可靠且可预测的,这对依赖Fortis稳定股息增长的投资者来说是个好状况。
Fortis has increased the dividend in each of the past 51 years. The board plans to raise the dividend by 4% to 6% per year through at least 2029, supported by the current $26 billion capital program.
Fortis在过去51年中每年都增加股息。董事会计划在至少到2029年之前,每年将股息提高4%至6%,这得益于目前260亿的资本计划。
At the time of writing, investors can get a 3.9% dividend yield from Fortis.
在撰写本文时,投资者可以从Fortis获得3.9%的股息收益率。
Telus
泰勒斯
Telus (TSX:T) is a contrarian pick today. The stock is down about 7% in 2024 compared to a gain of more than 20% for the TSX.
泰勒斯 (TSX:T) 今天是一个逆向投资的选择。该股票在2024年下跌了约7%,而TSX的涨幅超过20%。
Revenue declines at its Telus Digital subsidiary have hindered the stock over the past two years. In addition, the core internet and wireless businesses have faced price wars and an uncertain regulatory environment.
其泰勒斯数字子公司的营业收入下降在过去两年里对股票造成了影响。此外,核心互联网和无线业务面临价格竞争和不确定的监管环境。
Despite the headwinds, Telus continues to deliver stable results. The company reported an 11% increase in adjusted net income in the third quarter (Q3) of 2024. Telus has reduced staff by roughly 6,000 positions to streamline the business and reduce operating expenses. The company's Telus Health division is performing well and has the potential to be a steady driver of growth in the coming years. Price wars in Canada might ease by the end of 2025 as providers start to focus more on margins.
尽管面临逆风,泰勒斯仍继续交付稳定的业绩。该公司在2024年第三季度(Q3)报告了调整后净利润增加11%。泰勒斯已经裁减了大约6,000个职位,以简化业务并降低营业费用。公司的泰勒斯健康部门表现良好,并有潜力在未来几年成为稳定的增长驱动因素。到2025年底,加拿大的价格竞争可能会减缓,因为供应商开始更注重利润率。
Telus just raised its dividend for the second time in the past 12 months, extending its multi-year dividend-growth streak. The total dividend increase for the year is 7%.
泰勒斯刚刚在过去12个月内第二次提高了其股息,延续了其多年股息增长的势头。今年的股息总增长为7%。
Telus stock trades near $22.25 at the time of writing compared to $34 at one point in 2024. Investors who buy Telus at the current level can get a dividend yield of 7.25%.
在撰写本文时,泰勒斯股价接近22.25美元,而在2024年某个时刻曾达到34美元。以当前价格买入泰勒斯的投资者可以获得7.25%的股息收益率。
The bottom line on top TSX dividend stocks
关于顶级TSX股息股票的底线
Fortis and Telus are good examples of top TSX dividend stocks with solid distributions that should continue to grow. If you have some cash to put to work in a self-directed TFSA or RRSP, these stocks deserve to be on your radar.
福特斯和泰勒斯是顶级TSX股息股票的好例子,具有稳固的分配,应该继续增长。如果你有现金可以在自我管理的TFSA或RRSP中使用,这些股票值得关注。