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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!

Want Reliable Monthly Income? Buy 1 of These 5 Stocks

As income investors, we want to own stocks with high and reliable distributions, and after a thorough search of the market, I compiled a list of five great investment options. Let’s take a quick look at each, so you can determine which would fit best in your portfolio.

1. Artis Real Estate Investment Trust

Artis Real Estate Investment Trust (TSX:AX.UN) is one of North America’s largest owners and operators of commercial real estate with 194 properties located across Canada and 55 properties located across the United States.

It pays a monthly distribution of $0.09 per share, or $1.08 per share annually, which gives its stock a yield of about 8.3% at today’s levels. Investors should also note that the company has maintained this annual rate since 2009, and its consistent generation of adjusted funds from operations could allow it to continue to do so going forward.

2. Veresen Inc.

Veresen Inc. (TSX:VSN) is one of North America’s largest diversified energy infrastructure companies with assets including natural gas pipelines, processing plants, and fractionation plants.

It pays a monthly dividend of $0.0833 per share, or $1.00 per share annually, which gives its stock a yield of about 9.2% at today’s levels. Investors should also note that the company has maintained this annual rate since 2007, and its consistent generation of distributable cash could allow it to continue to do so for the foreseeable future.

3. Bird Construction Inc.

Bird Construction Inc. (TSX:BDT) is one of Canada’s largest general contractors with operational capabilities that cater to all stages of the construction process, including sustainable design, estimating, financing, scheduling, and construction.

It pays a monthly dividend of $0.0633 per share, or $0.76 per share annually, which gives its stock a yield of about 5.7% at today’s levels. Investors should also note that the company has maintained this annual rate since 2014, and its increased amount of operating cash flow could allow it to continue to do so going forward or allow it to announce a slight hike in the very near future.

4. Ag Growth International Inc.

Ag Growth International Inc. (TSX:AFN) is one of the world’s leading manufacturers and distributors of portable and stationary grain handling, storage, and conditioning equipment.

It pays a monthly dividend of $0.20 per share, or $2.40 per share annually, which gives its stock a yield of about 6.1% at today’s levels. Investors should also note that the company has maintained this annual rate since 2011, and its ample amount of funds from operations could allow it to continue to do so going forward.

5. Extendicare Inc.

Extendicare Inc. (TSX:EXE) is one of Canada’s leading providers of senior care services with 64 company-owned and 54 managed senior care and living centres across the country, and it also offers home healthcare options.

It pays a monthly dividend of $0.04 per share, or $0.48 per share annually, which gives its stock a yield of about 6.3% at today’s levels. Investors should also note that the company has maintained this annual rate since 2014, and its ample amount of adjusted funds from operations could allow it to continue to do so for many years to come.

Or you could earn $6,000/year in rental income by buying these REITs

We'd all love to have a steady stream of extra income, but who wants the hassle (and expense!) of buying and managing property and dealing with tenants? We have a much better option: real estate investment trusts (REITs) allow investors like us to purchase shares in a diversified portfolio of properties and earn a share of the profits!

Want to know more? Our just-released report, "Earn $6,000 Per Year in Rental Income Without Becoming a Landlord" has all the details. Just click here now to find out how to get your FREE copy today!

Fool contributor Joseph Solitro has no position in any stocks mentioned. Extendicare is a recommendation of Stock Advisor Canada.

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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