Dividend investing can do wonders for you in case you give attention to regular earnings and companies that may develop over time. Some well-established Canadian corporations that are inclined to win in the long term normally have dependable money move, good management, and powerful steadiness sheets. On the TSX, three such corporations look actually engaging to contemplate as we speak: Manulife Monetary (TSX:MFC), TC Power (TSX:TRP), and Nice-West Lifeco (TSX:GWO). All three pay reliable dividends and are displaying secure enterprise momentum.
Manulife Monetary inventory
If you’d like a reliable earnings but in addition publicity to world progress, Manulife Monetary may very well be value an in depth look. It operates in Canada, Asia, and america, providing insurance coverage, retirement plans, and wealth administration providers. That blend issues as its North American enterprise offers regular earnings, whereas its Asian operations give it entry to faster-growing markets.
MFC inventory just lately traded at $51.85 per share, giving it a market cap of $86.9 billion and a dividend yield of three.4%.
Within the third quarter of 2025, Manulife reported a ten% YoY (year-over-year) bounce in its core earnings to a file $2 billion. Within the first 9 months of the 12 months, its core earnings totaled $5.5 billion, displaying constant progress.
Progress got here from a number of areas as its Asia core earnings jumped 29%, the worldwide wealth and asset administration section rose 9%, and Canada climbed 4%.
With a Life Insurance coverage Capital Adequacy Take a look at (LICAT) ratio of 138% and rising publicity to personal credit score and Asian insurance coverage markets, Manulife continues to indicate monetary power, rising earnings, and a dividend that appears sustainable.
TC Power inventory
For those who favor predictable infrastructure earnings, TC Power may very well be a fantastic match to your portfolio. The Calgary-based firm runs one of many largest pure gasoline pipeline methods in North America. It additionally owns regulated and contracted energy technology property.
TRP inventory presently trades at $81.09 per share. That interprets to a market cap of $84.4 billion and a dividend yield of 4.2%.
Within the third quarter of 2025, the power infrastructure agency’s comparable EBITDA (earnings earlier than curiosity, taxes, depreciation, and amortization) climbed practically 13% YoY to $2.7 billion.
TC Power expects its 2026 comparable EBITDA to be between $11.6 billion and $11.8 billion. The corporate has additionally prolonged its outlook to five% to 7% annual EBITDA progress by 2028, backed by robust demand for pure gasoline and electrical energy. This progress is more likely to preserve its money move wholesome and help larger dividend funds.
Nice-West Lifeco inventory
For buyers who need earnings together with enhancing earnings progress, Nice-West Lifeco may very well be one other strong choice. By means of manufacturers resembling Canada Life, Empower, and Irish Life, the corporate offers retirement, wealth, and insurance coverage options throughout North America and Europe.
GWO inventory now trades at $60.23 per share with a market cap of $54.4 billion. At this value, it affords a dividend yield of 4.1%.
Within the September 2025 quarter, Lifeco’s base earnings climbed 15% YoY to a file $1.2 billion. Its U.S. section delivered double-digit earnings progress, whereas the capital and threat options section elevated earnings by 20%.
With a 131% LICAT ratio, $2.5 billion in money, and a share buyback plan focusing on $1.5 billion this 12 months, Lifeco can proceed to help its dividend with strong capital administration and powerful profitability.
