The article recommends three high-yield dividend stocks suitable for long-term buy-and-hold investors: Bank of Nova Scotia (4.6% yield, 150+ years of dividend payments), Realty Income (5.2% yield, 31 consecutive years of dividend increases), and Enterprise Products Partners (5.7% yield, 27 consecutive years of distribution increases). All three companies are praised for their conservative business models and reliable dividend track records through market cycles.

The Mulvihill Canadian Bank Enhanced Yield ETF (CBNK) reported strong 2025 results with net assets increasing by $47.04 million to $130.48 million. The fund distributed $8.67 million in cash distributions to unitholders and generated $48.96 million in income including net gains on investments.

North American Financial 15 Split Corp. declared its regular monthly distributions of $0.11335 per Class A share (annualized $1.3602) and $0.06250 per Preferred share (annualized $0.750), payable April 10, 2026. Since inception, Class A shareholders have received $18.99 per share and Preferred shareholders $12.74 per share.

Dividend 15 Split Corp. declares monthly distributions of $0.10000 per Class A share and $0.05833 per Preferred share, payable April 10, 2026. The fund invests in a portfolio of 14 leading Canadian dividend-yielding stocks. Since inception, Class A shareholders have received $29.00 per share and Preferred shareholders $11.93 per share.

Prime Dividend Corp. declared monthly distributions of $0.09817 per Class A share and $0.05667 per Preferred share, payable April 10, 2026. Class A shareholders maintain a stable 10% yield based on volume-weighted average market price, while Preferred shareholders receive Prime plus 2.35% (5-8% range). The company invests in a portfolio of high-yielding Canadian companies including major banks, insurers, and utilities.

Canadian Banc Corp. declared monthly distributions of $0.18138 per Class A share and $0.04958 per Preferred share, payable April 10, 2026. Class A shareholders maintain a stable 15% annualized yield based on VWAP, while the company continues its strategy of investing in six major Canadian banks and employing selective covered call writing to generate additional returns.

Premium Income Corporation's board has approved a proposal to modify the Fund's investment restrictions, allowing it to invest substantially all net assets in shares of six major Canadian banks (BMO, CIBC, NBC, RBC, BNS, TD) either directly or through underlying investment funds, with up to 10% allocated to other securities. Shareholders will vote on the proposal at a special meeting scheduled for April 23, 2026.

Brompton Split Banc Corp. announced a treasury offering of preferred shares priced at $10.40 per share to yield 6.0%, with a sales period ending February 27, 2026 and expected closing on March 6, 2026. The preferred shares offer fixed quarterly distributions of $0.15625 per share and approximately 55% downside protection based on the fund's portfolio of Canada's six largest banks.

Scotiabank announced a quarterly dividend of $1.10 per common share (Dividend No. 627), payable on April 28, 2026, to shareholders of record as of April 7, 2026. Shareholders may elect to receive dividends in common shares through the Bank's Shareholder Dividend and Share Purchase Plan, with share purchases made on the secondary market by Computershare Trust Company of Canada.

Dividend Select 15 Corp. announced its monthly distribution of $0.06133 per Equity share, payable March 10, 2026 to shareholders of record as of February 27, 2026. The distribution is based on a 10% annualized yield calculated using the volume-weighted average market price (VWAP) of $7.36 over the last three trading days of February. Since inception, shareholders have received cumulative distributions of $11.57 per share.

Brompton Split Banc Corp. announced a 20% stock split of its Class A shares, with shareholders receiving 20 additional shares for every 100 held. The Fund will maintain monthly distributions at $0.10 per share post-split, resulting in a ~20% increase in total distribution dollars. The announcement reflects strong 10-year performance with 20.3% annualized returns, outperforming major Canadian bank and composite indices.

Dividend 15 Split Corp. successfully completed an overnight offering of Preferred Shares (TSX: DFN) raising $142.6 million in gross proceeds. The Preferred Shares will trade on the Toronto Stock Exchange under symbol DFN.PR.A and will provide holders with fixed 7.00% annual cumulative preferential monthly cash dividends. Net proceeds will be invested in a portfolio of high-quality Canadian dividend-yielding companies.