Have you ever ever needed to personal a inventory that simply retains paying you, it doesn’t matter what’s occurring within the markets? The one which pays you nicely and retains doing its job even when others are tumbling. That’s the dream, proper? Particularly when it additionally throws off a juicy 7.6% dividend yield.

Whereas that sort of reliability could really feel like a uncommon gem in at present’s unsure macroeconomic surroundings, some TSX-listed firms are nonetheless persevering with to develop, constructing new income streams, and rewarding affected person shareholders quarter after quarter. That’s precisely what Gibson Power (TSX:GEI) has been doing for years.

On this article, let’s take a better have a look at why Gibson Power could possibly be the most effective Canadian dividend shares value holding onto for many years, particularly if reliable earnings and long-term development are a part of your investing objectives.

A high-yield Canadian dividend inventory to purchase

This Calgary-based vitality infrastructure agency primarily focuses on the storage, processing, and gathering of liquids and refined merchandise throughout North America.

After declining by almost 6% thus far in 2025, GEI inventory presently trades at $22.66 per share with a market cap of $3.7 billion. Nonetheless, the current weak point in its share worth has made its annualized dividend yield look much more engaging at 7.6%, which may assist income-focused buyers create a uncommon earnings stream in at present’s unsure market.

Current efficiency exhibits why this inventory retains paying

Regardless of a troublesome yr for a lot of TSX-listed vitality shares, Gibson’s efficiency stays steady. As of early November 2025, GEI inventory was down about 15% from its 52-week excessive, however the firm remains to be holding up rather well operationally.

Within the newest quarter (resulted in September), Gibson posted document throughput volumes each within the U.S. and Canada. Its Edmonton terminal, which is now related to the Trans Mountain enlargement, noticed volumes soar 26% YoY (yr over yr). On the similar time, the corporate’s U.S. Gateway terminal in Texas recorded a 30% YoY improve to 717,000 barrels per day with the assistance of a accomplished dredging challenge. This operational power is precisely what’s serving to GEI inventory maintain its money flowing — and dividends rising.

Financials replicate consistency regardless of short-term headwinds

Final quarter, Gibson posted $147 million in adjusted EBITDA (earnings earlier than curiosity, taxes, depreciation, and amortization), barely decrease than a yr in the past. This dip was primarily as a consequence of a weaker efficiency in its advertising and marketing section, which dropped to $7 million because the buying and selling surroundings remained difficult. Nonetheless, the corporate’s infrastructure section remained sturdy because it delivered $154 million in adjusted EBITDA due primarily to greater volumes and cost-saving efforts.

Notably, Gibson Power slashed non-recurring and recurring prices by over $9 million within the newest quarter, which helped it limit the decline in its web revenue. These steps additionally lifted its distributable money move per share by 10%, which is de facto essential for a dividend inventory like this.

Why this revenue generator by no means quits

Regardless of short-term uncertainties, Gibson is continuous to organize for long-term stability and development. It simply issued $375 million in unsecured notes to scrub up older debt and strengthen its stability sheet. In the meantime, it additionally secured a key infrastructure take care of Baytex Power, which ought to assist it lock in steady future volumes beneath a long-term settlement.

Because the vitality sector continues to regain power, Gibson’s give attention to core infrastructure, price effectivity, and long-term contracts may maintain this earnings machine working sturdy for years to come back. That’s why GEI inventory could possibly be an amazing purchase for long-term buyers, particularly at present ranges.