While you’re investing for the long run, including some large-cap dividend payers may give you peace of thoughts. However extra importantly, they provide you a rising stream of passive earnings. That’s why I proceed to lean on shares that not solely generate dependable money movement but in addition hold rewarding shareholders with engaging dividends, quarter after quarter.
In the previous few a long time, two firms have proven what reliable dividend earnings seems to be like. One has been transporting vitality throughout North America for many years and continues to spend money on assembly future demand. The opposite helps tens of millions put together for retirement and monetary safety, and it’s seeing sturdy development throughout key markets.
On this article, I’ll discuss these two TSX-listed dividend shares which you can depend on for many years of passive earnings.
Enbridge (TSX:ENB) is without doubt one of the hottest shares amongst earnings traders in Canada, and there’s a very good cause for that. It’s one in all North America’s largest vitality infrastructure firms, with pipelines that transport oil and gasoline to tens of millions of properties and companies. And whereas it’s been round for many years, its development story is way from over.
After climbing almost 16% over the past yr, ENB inventory presently trades at $65.12 per share with a market cap of $142 billion. At this market value, it gives a juicy annualized dividend yield of 5.8%, paid out quarterly.
One key issue that has helped Enbridge stay secure through the years is its constant money movement and the size of its diversified operations. Within the second quarter, the vitality infrastructure large posted a 31.2% YoY (year-over-year) leap in its whole income to $14.9 billion. Equally, its adjusted quarterly earnings climbed 12% from a yr in the past to $0.65 per share. Regardless of pressures from greater working prices, its EBITDA (earnings earlier than curiosity, taxes, depreciation, and amortization) margin for the quarter remained stable at over 31%.
In the meantime, Enbridge continues to deal with increasing its liquids pipelines and gasoline transmission networks. On the identical time, it’s additionally investing in renewable vitality initiatives, which may assist it continue to grow in the long term. These are among the key elements that give Enbridge the potential to maintain paying and elevating its dividend for the years to come back.
Nice-West Lifeco inventory
My subsequent large-cap dividend decide is Nice-West Lifeco (TSX:GWO), a Winnipeg-based monetary providers large with a deal with insurance coverage, retirement options, and wealth administration. It primarily operates underneath manufacturers like Canada Life, Empower, and Irish Life.
After rallying 24% to this point in 2025, GWO inventory presently trades at $58.83 per share with a market cap of $54.3 billion. And it gives a horny 4.2% annualized dividend yield at this market value.
Its current rally may primarily be attributed to its stable earnings, which have helped the corporate acquire investor confidence. Within the second quarter, Nice-West Lifeco reported report base earnings of $1.15 billion, reflecting an 11% YoY improve, with the assistance of sturdy ends in its wealth and group advantages companies.
With its shopper property now over $3 trillion and continued development in retirement and wealth flows, Nice-West Lifeco is aiming for additional development throughout North America and Europe. Given these sturdy fundamentals, this dividend large might be an awesome selection, particularly for traders in search of dependable long-term earnings.
