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Dividend stock opportunities in Canada and the United Kingdom
Investors are evaluating dividend-yielding stocks in the Canadian and British markets.
In Canada, TC Energy (TSX: TRP) is highlighted for its reliable passive income potential. The company operates natural gas transportation, storage infrastructure, and power generation. Approximately 98% of its comparable EBITDA is derived from regulated assets or contractual arrangements, which helps mitigate exposure to commodity price volatility. TC Energy has increased its annual dividend for 26 consecutive years, with management projecting annual dividend growth of approximately 3% to 5% in the coming years. A $22 billion secured capital program through 2031 is expected to support future earnings and payouts.
In the United Kingdom, ITV (LSE: ITV) is noted for its current 7.8% yield. The company is undergoing a strategic shift to become a pure-play content producer as its Media & Entertainment segment, which distributes shows, is being acquired by Sky. This transition is expected to reduce operating costs. Analysts suggest that the sale could result in a £950 million windfall for shareholders through a combination of special dividends and share buybacks.
Entities
ITV · London Stock Exchange · Sky · TC Energy · Toronto Stock Exchange