While stocks have been creeping higher recently, some can still be had for good value. In particular, many TSX dividend stocks are offering investors good long-term investment opportunities.
However, it’s crucial for investors to differentiate between a good deal and a sinking ship. And it’s therefore vital to inspect these stocks for any worrying signs that could harm their growth going forward.
After all, sometimes a great yield at a great price is unfortunately just a way for an ailing stock to attract investors. So, investors need to be mindful to avoid these traps and seek out quality dividend stocks.
Today, we’ll look at two TSX telecom giants that are offering solid dividends to go with strong market resiliency.
Through its various subsidiaries, the company offers a wide range of products and services including mobile phone, landline, TV, media and entertainment, and more.
As a TSX dividend stock, it offers investors great value. As of this writing, the stock is trading at $56.49 and yielding 5.89%. Given that the five-year average yield is only 4.97%, investors can lock in an out-sized yield with BCE.
While business has lagged, the damage has been minimal. Year-over-year quarterly revenue growth is sitting at -0.9% for a period where many stocks posted negative figures in the double digits.
The payout ratio for this dividend stock has been creeping higher but still sits at a manageable level as well.
Plus, the impending 5G network release should bode well for BCE’s wireless division as it looks to continue being an industry leader.
Rogers Communications (TSX:RCI.B)(NYSE:RCI) is a large Canadian communications and media company. It offers customers mobile phone, TV, internet, and media services.
Now, there’s no question Rogers has been hit hard recently with year-over-year quarterly revenue growth coming in at -16.5%. Despite this, its payout ratio of 51.41% means the dividend yield should be more than safe.
This dividend stock also still sports a solid profit margin with the resiliency to combat market forces, as many of its services are non-cyclical in nature.
As of this writing, this dividend stock is trading at $55.68 and yielding 3.59%. With a five-year average yield of 3.26%, the yield on offer should still be attractive to investors.
Similar to BCE, Rogers should also have some positive sentiment going forward with the upcoming 5G release.
While both dividend stocks face challenges ahead, the long-term investor can rely on their dividends and financial stability for long-term gains.
Dividend stock strategy
Both of these dividend stocks are offering decent value to long-term investors. BCE has a much higher yield but is also operating with a much higher payout ratio.
That’s not to say the dividend is on the chopping block, however; it’s simply something to keep in mind. Both stocks are also offering yields slightly above their respective five-year averages.
If you’re looking to add to a dividend stock strategy, these TSX giants are worth considering. Over the long run, they both have the potential to generate massive total returns through dividends and growth.
Source: – The Motley Fool Canada
COVID-19 exposure for Saskatoon, P.A. and Waskesiu businesses – CKOM News Talk Sports
An individual, likely infectious with COVID-19 at the time, visited six businesses over eight days in Saskatoon, Prince Albert and Waskesiu Lake.
The Saskatchewan Health Authority (SHA) is notifying the public of the business exposures within the communities:
- Carver’s Steak House – Saskatoon – Sept. 10: 6:00 – 9:00 p.m.
- Grainfields on 8th Street – Saskatoon – Sept. 11: 8:30 – 10:30 a.m.
- Garden Cafe, Saskatoon Inn – Saskatoon – Sept. 12: 8:00 – 10:00 a.m.
- Tim Horton’s, 3223 – 2nd Ave W – Prince Albert – Sept. 17: 3:00 – 5:00 p.m.
- Hawood Inn (Hotel and/or dining area), 851 Lakeview Dr – Waskesiu Lake – Sept. 17: 5:30 p.m. – Sept. 18: 5:00 p.m.
- Willows Golf and Country Club – Sept 16: 1:30 -6:00 p.m.
Anyone at the locations on the specified dates within the specified time-periods who currently have symptoms of COVID-19 are being asked to immediately self-isolate and contact the HealthLine 811.
All other individuals are asked to self-monitor for 14 days.
Iconic Ranchman's Cookhouse & Dancehall building up for lease – Calgary Herald
A legendary Calgary restaurant and club may be hanging up the saddle.
An MLS listing for the Ranchman’s Cookhouse & Dancehall building, located at 9615 Macleod Trail S.E., was posted Saturday by Calgary realtor Rob Campbell, advertising the property as available for lease “for the first time in its history.”
Two for-lease signs also appear on the outside of the 17,000-square-foot Calgary watering hole. One sign reads “temporarily closed,” and the business’s phone line is not active.
Ranchman’s has been synonymous with Calgary western culture since it first opened its doors on April 27, 1972, nearly 50 years ago.
The popular country nightclub draws large crowds during the Calgary Stampede and throughout the rest of the year. It has been named the Canadian Country Music Association’s “Country Club of the Year” 11 times.
The COVID-19 pandemic forced Ranchman’s to temporarily shut its doors on March 17, and it has remained closed since. Ranchman’s and other nightclubs are not permitted to reopen until Stage 3 of Alberta’s relaunch.
Ownership of the venue most recently traded hands in 2017, when Calgary bar scene mainstay Doug Rasberry purchased the property alongside a group of local business owners.
Ranchman’s representatives could not immediately be reached for comment.
Canadian Police Arrested a Man for Sleeping While His ‘Self-Driving’ Tesla Sped Down the Highway – Robb Report
We’ve all felt the need to catch 40 winks at inconvenient times, but one Candian man took his need for shut-eye to a whole new level.
Alberta police have formally charged a 20-year-old man who was caught asleep behind the wheel of his Tesla while the electric vehicle was speeding on autopilot. Authorities were alerted to the scene on the afternoon of July 9th by a caller who noted that both of the front seats were fully reclined with no visible operator. Sgt. Darrin Turnbull told CBC News on Thursday that the car was traveling 87mph in a zone with a speed limit of 68mph. Both the driver and the passenger appeared to be fully asleep, according to police.
“Nobody was looking out the windshield to see where the car was going,” Turnbull told CBC. “I’ve been in policing for over 23 years and the majority of that in traffic law enforcement, and I’m speechless. I’ve never, ever seen anything like this before, but of course, the technology wasn’t there.”
The car appeared to be driving on autopilot at more than 140 km/h, RCMP say. https://t.co/vU7dAGfwMC
— CBC News (@CBCNews) September 18, 2020
The model in question was a 2019 Tesla Model S, which has an array of autopilot features from auto-steer to “traffic-aware” cruise control, both of which were engaged when the car was stopped. But despite its name, the autopilot function still requires an active driver to monitor the road, making a lack of one remarkably dangerous all on its own. It turned out to be even more detrimental than the concerned police originally thought because once the officers activated their car’s emergency lights, the Tesla began accelerating and eventually reached a speed of 93mph, which was confirmed by a radar scan.
Officers eventually caught up with the vehicle and issued the sleeping driver a 24-hour license suspension for fatigue before an investigation resulted in a charge of dangerous driving. The driver received a court summons scheduled for this December. Fortunately, no one was injured as the incident ensued, but it acts as a serious cautionary tale as Tesla’s autopilot functions have come under sharp scrutiny for their potential links to more than one crash and related death.
Samsung Galaxy Note 20 review: Overpriced and underbaked – Android Authority
23 of 29 new COVID-19 cases announced in Manitoba on Sunday are in Winnipeg – CBC.ca
Look: New Proposed Rocket Design Could Solve SpaceX Launch Delays Due to Bad Weather – Tech Times
Silver investment demand jumped 12% in 2019
Iran anticipates renewed protests amid social media shutdown
Richmond BBQ spot speaks out about coronavirus rumours Vancouver Is Awesome
- Health23 hours ago
Three new outbreaks, 8 additional cases of COVID-19 in Waterloo Region – CTV Toronto
- Science16 hours ago
A new study finds that an iceberg may not have sunk the Titanic
- Tech8 hours ago
Sony apologizes for PS5 pre-order disaster — promises more stock soon – Tom's Guide
- Tech16 hours ago
Sony says more PS5 consoles are on the way for preorder
- Tech7 hours ago
PS5, Xbox Series X and Switch size comparison shows off just how big next-gen units are – VG247
- Business18 hours ago
Woman refuses to wear mask at LUSH, films altercation
- Health17 hours ago
Health unit prepares for possible ‘twindemic’
- Media16 hours ago
Hate-filled social media posts key to Rexdale mosque murder?