--- title: "TSX Dividend Stocks Transcontinental And 2 Others For Reliable Income" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/271651095.md" description: "As of 2026, Canadian investors are focusing on dividend stocks for reliable income amid economic uncertainties. Notable mentions include Transcontinental (TSX:TCL.A) with a 3.97% yield, Toronto-Dominion Bank (TSX:TD) at 3.27%, and Wajax (TSX:WJX) yielding 5.01%. Transcontinental, operating in flexible packaging, offers a stable dividend supported by a low payout ratio. Toronto-Dominion Bank maintains a solid dividend despite a modest yield, while Wajax shows improved earnings and financial flexibility. These stocks are part of a broader strategy for income generation in a fluctuating market." datetime: "2026-01-06T12:35:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/271651095.md) - [en](https://longbridge.com/en/news/271651095.md) - [zh-HK](https://longbridge.com/zh-HK/news/271651095.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/271651095.md) | [English](https://longbridge.com/en/news/271651095.md) # TSX Dividend Stocks Transcontinental And 2 Others For Reliable Income As we step into 2026, the Canadian market is navigating a landscape of economic surprises and shifting employment trends, making it crucial for investors to reassess their strategies. In this context, dividend stocks like Transcontinental offer a reliable income stream, providing stability amid uncertain market conditions and complementing a diversified investment approach. ### Top 10 Dividend Stocks In Canada **Name** **Dividend Yield** **Dividend Rating** Wajax (TSX:WJX) 5.01% ★★★★★☆ Transcontinental (TSX:TCL.A) 3.97% ★★★★★☆ Toronto-Dominion Bank (TSX:TD) 3.27% ★★★★★☆ Pulse Seismic (TSX:PSD) 13.70% ★★★★★☆ Power Corporation of Canada (TSX:POW) 3.33% ★★★★★☆ Olympia Financial Group (TSX:OLY) 6.43% ★★★★★☆ Great-West Lifeco (TSX:GWO) 3.62% ★★★★★☆ Firm Capital Mortgage Investment (TSX:FC) 8.62% ★★★★★☆ Canadian Imperial Bank of Commerce (TSX:CM) 3.35% ★★★★★☆ Bank of Montreal (TSX:BMO) 3.62% ★★★★★☆ Click here to see the full list of 18 stocks from our Top TSX Dividend Stocks screener. Underneath we present a selection of stocks filtered out by our screen. ## Transcontinental (TSX:TCL.A) **Simply Wall St Dividend Rating:** ★★★★★☆ **Overview:** Transcontinental Inc. operates in the flexible packaging industry across Canada, the United States, Latin America, the United Kingdom, and internationally with a market cap of CA$1.90 billion. **Operations:** Transcontinental Inc.'s revenue is primarily derived from its Packaging segment, which accounts for CA$1.60 billion, and its Retail Services and Printing segment, contributing CA$1.06 billion. **Dividend Yield:** 4% Transcontinental Inc. provides a stable dividend with a recent quarterly payout of C$0.225 per share, supported by a low cash payout ratio of 29.5%, ensuring coverage by free cash flows. The company's earnings grew significantly over the past year, enhancing its ability to sustain dividends despite revenues dipping slightly to C$2.74 billion in 2025. Recent strategic moves include extending key partnerships and seeking acquisitions, which may bolster long-term growth and shareholder returns amidst current market challenges. - Navigate through the intricacies of Transcontinental with our comprehensive dividend report here. - Our comprehensive valuation report raises the possibility that Transcontinental is priced higher than what may be justified by its financials. TSX:TCL.A Dividend History as at Jan 2026 ## Toronto-Dominion Bank (TSX:TD) **Simply Wall St Dividend Rating:** ★★★★★☆ **Overview:** The Toronto-Dominion Bank, along with its subsidiaries, offers a range of financial products and services across Canada, the United States, and internationally, with a market cap of CA$223.47 billion. **Operations:** Toronto-Dominion Bank's revenue segments include Canadian Personal and Commercial Banking at CA$18.54 billion, Wealth Management and Insurance at CA$14.56 billion, U.S. Retail at CA$10.79 billion, Wholesale Banking at CA$8.10 billion, and Corporate at CA$11.27 billion. **Dividend Yield:** 3.3% Toronto-Dominion Bank offers a reliable dividend, recently shifting to a semi-annual review cycle with a C$1.08 quarterly payout per common share. Its dividends are well-covered by earnings, maintaining a low payout ratio of 36.3%. Despite trading below estimated fair value and offering competitive relative valuation, its yield of 3.27% is modest compared to top Canadian payers. Recent regional consolidations aim to enhance operational efficiency and client service, potentially supporting future dividend stability amidst forecasted earnings decline. - Click here to discover the nuances of Toronto-Dominion Bank with our detailed analytical dividend report. - The valuation report we've compiled suggests that Toronto-Dominion Bank's current price could be quite moderate. TSX:TD Dividend History as at Jan 2026 ## Wajax (TSX:WJX) **Simply Wall St Dividend Rating:** ★★★★★☆ **Overview:** Wajax Corporation offers industrial products and services in Canada, with a market cap of CA$609.34 million. **Operations:** Wajax Corporation's revenue from the Wholesale - Machinery & Industrial Equipment segment is CA$2.15 billion. **Dividend Yield:** 5% Wajax Corporation offers a stable dividend, currently paying C$0.35 per share with a yield of 5.01%, which is reliable but lower than the top Canadian payers. The dividends are well-covered by earnings, with a payout ratio of 65.7%, and cash flows, maintaining a low cash payout ratio of 16.9%. Recent earnings showed improved net income and EPS growth, while extended credit facilities suggest financial flexibility despite high debt levels amidst ongoing CEO succession planning. - Delve into the full analysis dividend report here for a deeper understanding of Wajax. - The analysis detailed in our Wajax valuation report hints at an inflated share price compared to its estimated value. TSX:WJX Dividend History as at Jan 2026 ## Turning Ideas Into Actions - Navigate through the entire inventory of 18 Top TSX Dividend Stocks here. - Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes. - Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe. ## Curious About Other Options? - Explore high-performing small cap companies that haven't yet garnered significant analyst attention. - Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. - Find companies with promising cash flow potential yet trading below their fair value. _This article by Simply Wall St is general in nature. **We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.** It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned._ ### 相關股票 - [Toronto Dominion Bank (TD.US)](https://longbridge.com/zh-HK/quote/TD.US.md) ## 相關資訊與研究 - [A Look At Toronto Dominion Bank’s (TSX:TD) Valuation As TD Easy Trade Targets New Investors](https://longbridge.com/zh-HK/news/281503372.md) - [What Toronto-Dominion Bank (TSX:TD)'s Euro Bond Issue and TD Easy Trade Launch Means For Shareholders](https://longbridge.com/zh-HK/news/281341693.md) - [Odysight.ai® Announces Dual Listing on the Tel Aviv Stock Exchange | ODYS Stock News](https://longbridge.com/zh-HK/news/281174441.md) - [Dewa Resumes Trading on Dubai Bourse](https://longbridge.com/zh-HK/news/281521763.md) - [Grindwell Norton Files Quarterly Demat Compliance Certificate With Stock Exchanges](https://longbridge.com/zh-HK/news/281655672.md)