2025 has been a yr of volatility and structural shifts. Simply when the markets had overcome vital rate of interest hikes, the tariff warfare created one other wave of uncertainty. Canada and different nations started diversifying their buying and selling companions to cut back dependence on america. Amid this chaos, just a few dividend shares maintained their floor and continued to provide regular returns. Stability amid uncertainty has made them among the finest dividend shares of 2025.
Greatest dividend shares to purchase in 2025
Granite REIT
The Canadian actual property market noticed a tepid restoration, with some segments recovering sooner than others. Just a few industrial REITs stopped paying dividends, whereas some retail REITs paid 99% of their funds from operations (FFO) as dividends.
When some REITs barely survived the final 4 years, Granite REIT (TSX:GRT.UN) thrived. It elevated its distribution per share at a compounded annual development fee (CAGR) of three% between 2021 and 2025. It even lowered its dividend payout ratio from 75% to 58% of funds from operations (FFO). For 2026, the REIT elevated the dividend per share by 4.1% to $3.55.
Granite sustained its development due to its diversified property portfolio in North America and Europe. The REIT has additionally diversified its tenant base, with the highest 10 tenants accounting for 46.4% of income, and its largest tenant, Magna Worldwide, accounting for 27% income.
The REIT has decrease leverage than its friends, which provides it monetary flexibility to develop dividends. It continues to develop new properties at a gradual tempo that it might soak up, with out trapping an excessive amount of capital in a number of creating properties.
You may contemplate shopping for this dividend inventory in 2025 and past to construct a month-to-month passive revenue supply that may modify to inflation.
Telus inventory
Telus Company (TSX:T) is one other resilient dividend inventory that has withstood the regulatory change that disrupted the aggressive benefit of the telco. The rule to share community infrastructure with rivals diluted the capital funding Telus made in its 5G infrastructure and lowered costs. This rule change led to main restructuring and cost-cutting measures, huge job cuts, and a discount in capital spending by giant telcos to maintain dividends and make sense of the numerous debt on their steadiness sheets.
BCE slashed dividends after funding dividends from its money reserves for nearly 4 years (2021–2024). Telus additionally confronted some monetary stress as its dividend payout ratio crossed its goal vary of 60–75% of free money movement (FCF) and reached as excessive as 81% in 2024. Nevertheless, the corporate resorted to promoting non-core property to speed up debt reimbursement and scale back curiosity expense. This elevated its FCF and introduced the payout ratio right down to 75%.
Telus has elevated its 2026 quarterly dividend by 4%, exhibiting the corporate’s resilience and dedication to dividend development. The corporate has the money movement flexibility to maintain dividend development.
goeasy inventory
goeasy (TSX:GSY) inventory nosedived 41% after a short-seller report in September questioned the non-prime lender’s accounting guidelines to calculate credit score threat. The lender’s chief monetary officer (CFO) resigned in the identical month because the short-seller’s report was launched. goeasy has denied the claims of the brief vendor and reported robust lending exercise however elevated provisions.
Even when the short-seller’s accusations are true, a change within the CFO will set the accounting straight. The administration will now be vigilant with its numbers to maintain investor confidence, as that’s the single largest asset in non-prime lending.
The dip has created a chance to purchase the inventory for its 4.9% dividend yield. The lender is an everyday dividend payer and has been rising dividends at a CAGR of 30% for the final 11 years.
