RBC has increased its dividend by 40% in the last five years. The TSX Index is at an all-time high. The company provides a suite of financial protection and wealth management solutions to meet the current and future needs of individual and group customers. Below are my picks for the 11 best Canadian dividend stocks for 2021 investors. It provides integrated solutions in structures & logistics, electricity, pipelines & liquids, commercial real estate and retail energy. The top 10 stocks identified above are based on a score calculated using a number of financial data points from the companies. Top 10 Canadian Dividend Stocks #1 – Algonquin Power & Utilities Corp #2 – Emera #3 – Alimentation Couche-Tard Inc. #4 – TC Energy #5 – Cogeco #6 – Manulife #7 – Scotia Bank #8 – Brookfield Infrastructure #9 – Cogeco Cable Inc #10 – Fortis Some of the companies are strong blue chip stocks while others are smaller companies with growth or just simply beaten down.Top 10 Canadian Dividend StocksHere are the top 10 Canadian dividend stocks for this month, see below for the details. There’s a reason why 10.5 million shares of Suncor stock has been purchased by Warren Buffett earlier this year. Here are nine dividend stocks … The Motley Fool Canada » Bank Stocks » The 5 Best Canadian Dividend Stocks to Buy Right Now If you prefer stable income flow from equities, consider … Investment DataOpportunity Score: 69Ticker: TSE:cuSector: UtilitiesIndustry: Utilities - DiversifiedMarket Cap: 8.57BP/E: 20.97Dividend Yield: 5.57%Payout Ratio (Earnings): 116.89%Canadian Dividend Aristocrat: YESChowder Score: Members OnlyRevenue Growth: Members OnlyDividend Growth: Members OnlyDividend Growth Fit: 6/10Dividend Income Fit: 8/10#7 – Atco LtdATCO is a diversified company providing services and business solutions globally. So we took a look at the top-recommended stocks by Canadian investors and compiled a list of the top 10 right here.. My stock selection process breaks down the quantitative and qualitative assessments investors should establish to pull the trigger before buying.If you are interested in more details, the Canadian Dividend Screener provides many more data points to help make your investment decision.Dividend growth investing works and you can generate a healthy retirement income but you have to buy individual stocks. Ownership of low-risk regulated cost-of-service businesses and long-term contracted energy infrastructure assets differentiate TC Energy from its peers. Before you buy any stocks/funds consult with a qualified financial planner. Review the Chowder Rule along with the 3, 5, and 10 year ratios for dividend growth, EPS growth and the payout ratio to pick a solid investment for your portfolio. It operates through 10 utility companies such as ITC, UNS Energy, Fortis Alberta, Fortis BC, etc. Just ask me, and you'll learn why there was nothing I could use out there and build the Dividend Snapshot Screeners. Home » Dividend Lists » Top Dividend Stocks » Top 10 Canadian Dividend Stocks – January 2021, Top 10 Canadian Dividend Stocks – January 2021 January 1, 2021January 1, 2021 While we know that the stock market will grow over time, on a day-to-day or even month-to-month basis, the stock market is always changing value due to the daily fluctuation of all the stocks.The opportunities will vary every month and that’s why it’s important to have a systematic approach to understanding which dividend stocks are an opportunity. With a very healthy dividend yield of 5.91%, Enbridge is very keen on returning value to its shareholders. The company is one of the largest food retailers in Canada.The company operates through more than 600 food stores operating under the banners Metro, Metro Plus, Super C, Food Basics and Adonis. It is a subsidiary of ATCO. A member of the dividend aristocrats, Enbridge has increased its dividends for the past 20 years. The company is known for its highly regulated, low risk and diversified utility businesses. The company engages in the generation, transmission, and distribution of electricity and gas, and provides other utility energy services. ATCO has manufacturing facilities in Canada, the US, Chile, and Australia. With its aggressive expansion into international markets, some investors were skeptical, but the strategy seems to have been paying off. My portfolio is generating over 12% annual returns since 2009. If you’re Canadian, most banks will have a trading platform where you can purchase the stocks mentioned above. These are high dividend blue chip stocks in Canada. Brookfield Infrastructure Partners is one of the largest owners and operators of infrastructure networks globally. Considering this, my top two Canadian dividend stocks to buy in 2021 and hold forever are Brookfield Infrastructure Partners (TSX:BIP.UN) and Telus . It is Alberta’s largest natural gas distribution company, serving approximately 1.2 million customers in nearly 300 communities. ATCO owns an impressive asset base comprising of 21 power plants with a generation capacity of 2500+ MW, 87,000 km electric power lines, huge hydrocarbon storage capacity, 64,500 km natural gas pipelines, etc. The company also owns reputed brands like Manulife and John Hancock in the USA.Manulife serves 26 million customers in the USA, Canada, and Asia. I chose these stocks because they span multiple industries in Canada, and are known for their track record and reliability. Review the Chowder Rule along with the 3, 5, and 10 year ratios for dividend growth, EPS growth and the payout ratio to pick a solid investment for your portfolio.The monthly top 10 rarely have the same top 10 stocks. BMO Canadian Dividend ETF is another excellent entry on the list of the best dividend ETFs in Canada. Metro is a leading food and pharmaceutical company having operations in Quebec and Ontario. No other investment services provide you with easy to understand data but also actionable data. Its regulated earnings have doubled to 93% in 2017 from 45% in 2012. Royal Bank is a global enterprise with operations in Canada, the United States, and as we'll see the importance of later, 40 other countries. To some investors it’s tough to detach in their mind value from share price. Tags TSE:AQN, TSE:ATD.B, TSE:BIP.UN, TSE:BNS, TSE:CCA, TSE:CGO, TSE:EMA, TSE:FTS, TSE:MFC, TSE:TRP. When evaluating offers, please review the financial institution’s Terms and Conditions. Investment DataOpportunity Score: 70Ticker: TSE:ftsSector: UtilitiesIndustry: Utilities - Regulated ElectricMarket Cap: 23.77BP/E: 19.24Dividend Yield: 3.95%Payout Ratio (Earnings): 75.94%Canadian Dividend Aristocrat: YESChowder Score: Members OnlyRevenue Growth: Members OnlyDividend Growth: Members OnlyDividend Growth Fit: 6/10Dividend Income Fit: 7/10 Get your list of STRONG Dividend Growth StocksQuestrade offers the cheapest trades! DISCLOSURE: Please note that I may have a position in one or many of the holdings listed. The opportunities will vary every month and that’s why it’s important to have a systematic approach to understanding which dividend stocks are an opportunity. It also has renewable energy business.As a growing renewable energy company, Algonquin Power owns a strong portfolio of long term contracted wind, solar and hydroelectric assets with 1.5 GW of total installed capacity.The company through its subsidiaries owns an equity interest in more than 39 clean energy facilities. After adding 154,000 new customers in 2019, Telus is well-positioned for its goals of increasing dividends by 7% to 10% by 2022. Emera Inc. is a leading North American diversified energy and services company with assets worth $30 billion. I hope that showing my Canadian dividend stock portfolio on my blog help me track my holding, stay focus, share ideas and specially receive great feedback from fellow dividend investors. Best Canadian dividend stocks: BMO stock; Royal Bank of Canada stock; Enbridge stock; Fortis stock; BNS stock; BCE stock; Telus stock; Transcontinental stock; The North West Company stock; Suncor stock; Pembina stock; Granite REIT stock; How to buy Canadian dividend stocks; Conclusion Canadian utilities are on top of my list for my buy-and-hold portfolio. Manulife serves 26 million customers in the USA, Canada, and Asia. TC Energy is a leading North American infrastructure company. Dividend Earner will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Is the company able to grow the dividend at the same rate it increases its earnings?The generated score is meant to assess an entry point opportunity based on historical and today's numbers. Emera reports its results in six operating segments: Emera Florida and New Mexico, Nova Scotia Power Inc., Emera Maine, Emera Caribbean, Emera Energy, and corporate & other. The company has a strong portfolio of diversified assets, storage facilities and power generation plants and operates one of North America’s largest natural gas pipelines networks extending to more than 57,500 miles. The company invests in electricity generation, transmission and distribution, gas transmission and distribution, and utility energy services. Here are the top 10 Canadian dividend stocks for this month, see below for the details. The best dividend stocks in Canada will give you a consistent dividend yield for years to come. Get your list of STRONG Dividend Growth Stocks#1 – TC EnergyTC Energy is a leading North American infrastructure company. By generation type, TC’s assets can be divided into nuclear, natural gas and wind. Clients look to Manulife for reliable and intelligent financial solutions. Transcontinental for example is trading at $13.94 per share, so it should be affordable for whatever amount you’re looking for. Emera reports its results in six operating segments: Emera Florida and New Mexico, Nova Scotia Power Inc., Emera Maine, Emera Caribbean, Emera Energy, and corporate & other.The company invests in electricity generation, transmission and distribution, gas transmission and distribution, and utility energy services. The best dividend stocks offer a growing payout in addition to price returns stemming from a rise in stock … Its drug business is conducted through 650 drugstores and pharmacies operating under the banners Jean Coutu, Brunet, Metro Pharmacy and Drug Basics.Its two business segments, food operations and pharmaceutical operations are combined into one reportable operating segment.Metro has developed a successful market segmentation strategy with its different grocery banners catering to three different market segments. The best dividend stocks in Canada Algonquin Power & Utilities is a diversified utility company in North America with $10 billion in total assets. In fact, I have tried all of the investment services for dividend investors like a crash test dummy of investment services. Its regulated earnings have doubled to 93% in 2017 from 45% in 2012.The company’s operating segments are Canadian Utilities (electricity, pipelines & liquids, and corporate) which accounted for 78% of total earnings (Q3’18) followed by structures & logistics (4%), Neltume Ports (1%) and corporate and others (17%). Quickly create your account online and get started with $50 in Free Trades. I am not a financial professional, and I can buy, sell, or hold any investment at anytime. Brookfield Infrastructure focuses on the ownership of stable cash flow generating assets operating under regulated frameworks. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. You can buy or sell stocks for as low as $4.95. TC Energy operates three complementary energy infrastructure businesses across three major geographies in North America. Brookfield Infrastructure’s key segments are utilities (39% of total FFO), transport (39%), energy (31%), data infrastructure (8%), and corporate (-17%). These are some of the best long term dividend stocks in Canada to buy and hold. The company engages in the generation, transmission, and distribution of water, gas, and electricity to communities across the U.S. I am not a financial adviser, I am not qualified to give financial advice. In the end, the score is generated from following five key indicators: The generated score is meant to assess an entry point opportunity based on historical and today's numbers. Questrade offers the cheapest trades! Top Dividend Stocks to Buy. I’ve written over 1,000 articles about Canadian TSX stocks, many of which provide dividends to its investors. The company operates through Couche-Tard and Mac’s brands in Canada and Circle K globally. Investment DataOpportunity Score: 68Ticker: TSE:mruSector: Consumer DefensiveIndustry: Grocery StoresMarket Cap: 14.47BP/E: 18.47Dividend Yield: 1.55%Payout Ratio (Earnings): 28.66%Canadian Dividend Aristocrat: YESChowder Score: Members OnlyRevenue Growth: Members OnlyDividend Growth: Members OnlyDividend Growth Fit: 8/10Dividend Income Fit: 5/10#10 – FortisFortis is a leading utility company engaging in regulated power generation, electric transmission, and energy distribution across North America.The US accounts for about 60% of Fortis’ business while Canada constitutes the remaining 40%. The company is a good long term buy and hold. 6 Stocks to Buy and Hold (And 6 Picks to Avoid) ... even in the best of times. Emerson Electric. 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