Sumary of 5 Canadian Stocks Under $100 That Can Earn You a Lifetime Dividend:
- If you have burnt your cash in these risky bets and are now looking for some stable returns, here are five stocks under $100 that can earn you dividends for a lifetime.
- SmartCentres REIT One company that pays a monthly dividend is SmartCentres REIT (TSX:SRU.UN), as its business model allows it to do so.
- SmartCentres offers a 6.09% dividend yield and has a history of paying a regular monthly dividend for over 10 years.
- It is developing multi-use properties that will help it diversify rental income and increase dividends in the long term.
- BCE stock BCE (TSX:BCE)(NYSE:BCE) has been paying quarterly dividends since 1983 and even increased them consecutively for the last 12 years.
- Over the years, the company has built Canada’s largest telecom infrastructure and has been at the top of the latest technology.
- It enjoys stable cash flow from subscription money that it distributes to shareholders through dividends.
- BCE has accelerated its investment in 5G and expects to see the 5G revenues pour in 2021. The company will release its second-quarter earnings on August 5. I expect the 5G revenues to accelerate it cash flows in the coming years, enabling it to continue growing dividend in the coming years.