10 cheap stocks with healthy dividends

These stocks will likely continue to deliver consistent dividends over the next 10+ years.

Ruth Saldanha 24 October, 2018 | 5:00PM

Almost every long-term investor loves a good dividend. For investors about to retire, dividends provide a steady stream of income. For mid-career or early-stage investors, reinvesting dividends leads to higher long-term returns through the power of compounding.

However, one of the biggest worries that investors seeking dividends face is whether companies will cut their dividend payouts.

For Canadian investors, this has been a top-of-mind worry, as in the past quarter we have seen some high-profile dividend cuts including Corus Entertainment's (CJR.B) 80% dividend cut in June, and  CI Financial's (CIX) nearly halving of its dividend in August.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Bank of Montreal100.92 CAD-0.33
BCE Inc64.47 CAD-0.62
Canadian Imperial Bank of Commerce109.17 CAD-0.06
CI Financial Corp25.32 CAD-0.55
Corus Entertainment Inc Class B4.64 CAD-5.11
Enbridge Inc55.31 CAD-0.18
Fortis Inc58.45 CAD0.19
National Bank of Canada74.79 CAD0.13
TC Energy Corp75.88 CAD-0.24
TELUS Corp51.88 CAD-0.25
The Toronto-Dominion Bank75.77 CAD-0.28

About Author

Ruth Saldanha  Ruth Saldanha is Senior Editor at Morningstar.ca