Canadian Dividend Stocks With October EX-Dividend Date

If you want to buy Canadian dividend stocks with the October Ex-dividend date, then check out the list of dividend stocks below. These are not my recommendations and you should always do your research before investing any of your money. Having said that, I believe the stocks mentioned below are reputable names with sustainable dividends. The stocks are arranged in ascending order of the ex-dividend date.

Toronto-Dominion Bank (TD.TO)

If you want to buy shares in TD, you better hurry up because the ex-div date is October 9, 2019. The dividend of $0.74 CAD is payable on October 31, 2019. The current dividend yield is 3.93%. For every $1,000 invested in TD Bank, you will make $9.83 per quarter or $39.30 per year.

Dollarama (DOL.TO)

Dollarama is not a typical dividend stock to buy for yield. Investors rather buy it for capital growth. However, if DOL is the name you’re interested, then you need to buy shares before October 10, 2019. The dividend of $0.044 CAD is payable on November 8, 2019. The current dividend yield is 0.37%. For every $1,000 invested in Dollarama, you will make $0.93 per quarter or $3.70 per year.

TransAlta Renewables (RNW.TO)

TransAlta is in the renewable energy business. If you’re interested in RNW, you need to buy shares before October 11, 2019. The dividend of $0.07833 CAD is payable on October 31, 2019. The current dividend yield is 6.83%. For every $1,000 invested in RNW, you will make $5.69 per month or $68.30 per year.

Royal Bank of Canada (RY.TO)

The ex-dividend date for Royal Bank is October 23, 2019. The dividend of $1.05 CAD is payable on November 22, 2019. The current dividend yield is 3.93%. For every $1,000 invested in RBC, you will make $9.83 per quarter or $39.30 per year.

Metro (MRU.TO)

Metro is a food retailer operating in Quebec and Ontario. Again, it’s not a stock for dividend growth or income. Investors usually buy this name for capital growth and safety. If you’re interested in Metro, then you need to buy shares before October 24, 2019. The dividend of $0.20 CAD is payable on November 12, 2019. The current dividend yield is 1.38%. For every $1,000 invested in Metro, you will make $3.45 per quarter or $13.80 per year.

Ag Growth International (AFN.TO)

Ag Growth is a global leader supplying food infrastructure in the agricultural space. If you’re interested in AFN, you need to buy shares before October 30, 2019. The dividend of $0.20 CAD is payable on November 15, 2019. The current dividend yield is 5.65%. For every $1,000 invested in AFN, you will make $4.70 per month or $56.50 per year.

Boardwalk REIT (BEI.UN.TO)

Boardwalk is a REIT that mainly focused on residential properties with high exposure to Alberta. If you’re interested in BEI.UN, you need to buy shares before October 30, 2019. The dividend of $0.0834 CAD is payable on November 15, 2019. The current dividend yield is 2.26%. For every $1,000 invested in BEI.UN, you will make $1.88 per month or $22.60 per year.

Bank of Montreal (BMO.TO)

The ex-dividend date for BMO is October 31, 2019. The dividend of $1.03 CAD is payable on November 26, 2019. The current dividend yield is 4.25%. For every $1,000 invested in BMO, you will make $10.62 per quarter or $42.50 per year.

Emera (EMA.TO)

The ex-dividend date for EMA is October 31, 2019. The dividend of $0.6125 CAD is payable on November 15, 2019. The current dividend yield is 4.21%. For every $1,000 invested in EMA, you will make $10.52 per quarter or $42.10 per year.

Disclosure: I own TD, RY, EMA.