Quqe 2 Top Dividend Stocks to Generate Growing Passive Income
Shares of Magna International TSX:MG fell 8% last week as the car manufacturer reported its most recent earnings report. Yet despite increas
stanley cup website ing its dividend, the company still saw a drop in share price.So, what happened Let take a look and see if
stanley shop this gives investors in Magna stock an opportunity to buy, or beware.
stanley cup What happenedFirst, the good news. The auto parts maker reported that the company would pay a quarterly dividend of US$0.475 per share, an increase from US$0.46 per share before earnings. This brings the total dividend up to US$1.90 per share on an annual basis.The news also came as Magna reported that net income surged from US$95 million last year to US$271 million as of the most recent quarter. Furthermore, sales totalled US$10.5 billion, an increase from US$9.6 billion last year.Yet during the third quarter, Magna stock gave guidance as to what investors could expect during the quarter. However, there was a negative impact after strikes brought down the company Ciwt 2 Resilient Value Stocks That Could Weather the Storm
Building a stock portfolio requires picking companies that consistently grow dividends. You can even increase the value of your stocks to $1 million if necessary. The key is to choose high-quality stocks that have outlandish dividend growth compared to industry counterparts.Oil giantCanadian Natural Resources TSX:CNQ NYSE:CNQ , or CNR is a Canadian Dividend Aristocrat on account of its 18-year dividend growth streak and incredible dividend growth rate of 18.44% in the last five years.This $49 billion energy company is turning heads. Some market analysts are even saying that CNR is Canada s best oil stock.The company is one of the biggest Canadian oil and gas producers that pro
stanley quencher vide excellent value. From 2015 to 2018, revenue grew by 70% $12.36 billion to $21.03, notwithstanding the weak oil prices and pipeline issues.In its recent quarterly earnings report, cash flows from operating activities ballooned by
stanley vattenflaska 185% to $2.8 billion. CNR is on the
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