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First Brexit… then Trump… Now, it’s time for Pro

Is your portfolio really prepared for what’s coming next?

To help investors like you navigate this historically uncertain — yet high-flying — market and prepare for an inevitable downturn, we’re re-opening our Motley Fool Pro Canada service to a select few new members for a short time.

To discover how Pro Canada could help you to increase your upside potential… reduce your downside risk… and earn paycheque-like income in the process, simply click here — before the small number of spots we have left are all gone!

3 Dividend-Growth Stocks With +3% Yields to Buy Today

As history has shown, dividend-paying stocks outperform non-dividend-paying stocks over the long term, and the top performers are those that raise their payouts every year. It is for this reason that every long-term investor should own at least one dividend-growth stock, so let’s take a look at three with high and safe yields of 3-6% that you could add to your portfolio today.

1. Genworth MI Canada Inc.

Genworth MI Canada Inc. (TSX:MIC) is Canada’s largest private residential mortgage insurer. It pays a quarterly dividend $0.42 per share, or $1.68 per share annually, which gives its stock a yield of about 5.1% at today’s levels.

It is also very important for investors to make two notes.

First, the company’s 7.7% dividend hike in October 2015 has it on pace for fiscal 2016 to mark the seventh consecutive year in which it has raised its annual dividend payment.

Second, I think Genworth’s strong financial performance, including its 6.3% year-over-year increase in net earnings to $4.22 per share and its 4.9% year-over-year increase in operating earnings to $4.05 per share in fiscal 2015, and its growing asset base will allow its streak of annual dividend increases to continue for the next several years.

2. Cineplex Inc.

Cineplex Inc. (TSX:CGX) is Canada’s largest owner and operator of movie theatres with 162 theatres across the country and an estimated 78% market share. It pays a monthly dividend of $0.13 per share, or $1.56 per share annually, which gives its stock a yield of about 3.1% at today’s levels.

It is also very important for investors to make two notes.

First, the company’s 4% dividend hike in May 2015 has it on pace for fiscal 2016 to mark the sixth consecutive year in which it has raised its annual dividend payment.

Second, Cineplex traditionally announces its dividend hikes in May, and I think its consistent growth of free cash flow, including its 7.8% year-over-year increase to an adjusted $2.49 per share in fiscal 2015, will allow it to continue this tradition by announcing a hike when it reports its first-quarter earnings results on May 3.

3. Pembina Pipeline Corp.

Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA) is one of the leading transportation and midstream service providers to oil and natural gas companies in North America. It pays a monthly dividend of $0.16 per share, or $1.92 per share annually, which gives its stock a yield of about 5.2% at today’s levels.

It is also very important for investors to make two notes.

First, the company’s two dividend hikes since the start of 2015, including its 4.9% hike last month, has it on pace for fiscal 2016 to mark the fifth consecutive year in which it has raised its annual dividend payment.

Second, I think Pembina’s consistent growth of cash flows from operating activities, including its 6.3% year-over-year increase to an adjusted $2.53 per share in fiscal 2015, and its growing fee-for-service asset base will allow its streak of annual dividend increases to continue going forward.

Motley Fool issues rare "double down" stock alert

Not to alarm you but you recently missed an important and rare event. Stock Advisor Canada issued a "double down"... and history suggests it pays to listen. Because 10 of the most lucrative "double downs" in one of the Motley Fool's premier services skyrocketed an average of 434%! So, simply click here to discover why Motley Fool "double downs" have some investors rocking with excitement. Five years from now, you'll wish you'd grabbed this stock. Click here to learn more.

Fool contributor Joseph Solitro has no position in any stocks mentioned.

NEW! This Stock Could Be Like Buying Amazon In 1997

For only the 5th time in over 14 years, Motley Fool co-founder David Gardner just issued a Buy Recommendation on this recent Canadian IPO.

Stock Advisor Canada’s Chief Investment Adviser, Iain Butler, also recommended this company back in March – and it’s already up a whopping 57%!

Enter your email address below to claim your copy of this brand new report, “Breakthrough IPO Receives Rare Endorsement.”

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