Here is the list of Canadian Preferreds Paying Dividends within the next 30 days. Preferred Shares Paying Dividends This Week can be identified by sorting the list on the “Next Payment Date” column. A period of 30 days is used to make it easier for those trying to calculate a monthly dividend income.  You can expect to receive the dividend in your account within the next 30 days depending on your broker.

Sort by column “Next Payment Date” to get the list in the proper sequence. “Dividend Amount” shows you the quarterly amount to be paid. Issuers pay dividends at different times within a quarter. If you intend to use the dividends as monthly income you need to ensure you have diversified your dividend paying issues. Making sure you get some dividends each month will require work on selecting the right issues.

Use this list to:

1. Verify your broker is paying you the dividend.
2. You may want to hold off on re-investing your dividends till you have reached a certain threshold (Pay less on broker fees).
3. Start thinking about where to invest the dividends. Re-invest it into a high credit issue or go for high yield.

Investors use dividend paying stocks to either:

1. Provide a steady monthly income, in which case they take the dividend and spend it.
2. Grow their portfolio. To do so you need to have a dividend re-investment plan. Dividends sitting in your investment account only makes money for your broker.

List of Preferred Shares Paying Dividends This Week