There are a number of elements traders ought to search for when deciding which shares to carry for the following 10, 20, and even 30 years. Whereas resilience and a strong stream of dividend earnings are essential, long-term development potential can’t be disregarded of the combination. And the good information is that some Canadian large-cap shares supply a uncommon mixture of reliable dividends and long-term upside, making them ultimate candidates for buy-and-hold traders.

On this article, I’ll spotlight two such basically robust, large-cap shares to purchase now that would supply constant returns for many years.

Magna Worldwide inventory

Let’s start with Magna Worldwide (TSX:MG), an auto elements big that’s quietly surging within the second half of 2025 with strong monetary execution. As one of many world’s largest auto elements suppliers, this Aurora-based firm operates in 28 international locations and works with prime world automakers. Its wide selection of merchandise contains physique constructions, seating methods, powertrains, and automobile meeting.

MG inventory has bounced again sharply in current months to at the moment commerce at $69.26 per share, giving it a market cap of round $19.5 billion. At this market worth, it gives a 3.9% annualized dividend yield, paid quarterly. Apparently, the inventory has climbed greater than 51% over the past six months, as traders appear to be taking discover of its enhancing financials and clearer development outlook.

Within the third quarter, Magna posted a 2% YoY (year-over-year) enhance in its income to US$10.5 billion. This development was primarily pushed by new program launches and better world automobile manufacturing. Ongoing productiveness features, higher price management, and stronger margins additionally helped the corporate put up a 4% YoY rise in its adjusted quarterly earnings to US$1.33 per share.

Inspired by robust outcomes, Magna raised its full-year outlook for gross sales, EBIT (earnings earlier than curiosity and taxes) margin, and adjusted internet revenue, which might be seen as a transparent signal of confidence in its potential to execute going ahead.

Past its robust quarter, Magna is constant to concentrate on long-term development by means of investments in electrification, automation, and mobility applied sciences. Total, with a wholesome steadiness sheet, secure dividend payouts, and an extended runway for tech innovation within the automotive house, MG inventory seems like one of many prime large-cap shares to purchase and maintain by means of the following decade and past.

Canadian Nationwide Railway inventory

Canadian Nationwide Railway (TSX:CNR), or CN, is one other sensible large-cap choose for long-term traders. Notably, this transportation big has been shifting items throughout North America for greater than a century and nonetheless performs an important position within the Canadian and U.S. provide chains. Its 20,000-mile rail community connects key ports and cities.

CN inventory is buying and selling at $134.40 per share, with a market cap of round $84.2 billion. At present, it gives a 2.6% annualized dividend yield. Whereas the inventory has slid 11% over the previous yr, the corporate’s newest outcomes clearly confirmed that its enterprise stays robust underneath the hood.

Within the third quarter, CN’s income rose 1% YoY to $4.17 billion, boosting its internet revenue by 5% YoY to $1.14 billion. In the meantime, the corporate additionally managed to enhance its working ratio to 61.4%, a key effectivity metric within the rail trade. Robust price self-discipline, increased practice speeds, and higher gasoline effectivity have been three fundamental elements that helped the corporate obtain higher efficiency.

CN now expects to put up mid- to excessive single-digit earnings-per-share development in 2025 and plans to decrease capital spending to $2.8 billion in 2026 to assist stronger free money move. As one among Canada’s most important infrastructure gamers, it continues to be a dependable large-cap inventory for long-term traders in search of a mixture of earnings and slow-but-consistent development.