11 Best Canadian Dividend Stocks to Buy Now

6. Thomson Reuters Corporation (NASDAQ:TRI)

Number of Hedge Fund Holders: 32

Thomson Reuters Corporation (NASDAQ:TRI) is one of the best dividend Canadian stocks. The company has maintained solid momentum in 2025, driven by its strategic emphasis on content-focused technology, which is supporting consistent growth across its main business segments. The company’s push into generative AI is yielding positive results, with GenAI-enabled offerings now accounting for 20% of its annualized contract value. To further strengthen its AI capabilities, Thomson Reuters is allocating $200 million each year, with the investment spread across both operating costs and capital spending.

Thomson Reuters Corporation (NASDAQ:TRI) reported strong earnings in the first quarter of 2025. The company reported revenue of $1.9 billion, which showed a 1% growth from the same period last year. Its operating profit for the quarter came in at $563 million, also up by 1% from the prior-year period. The company’s cash position also came in strong, with an operating cash flow of $445 million and a free cash flow of $277 million, both showing a 4% and 3% growth on a YoY basis, respectively.

Thomson Reuters Corporation (NASDAQ:TRI) currently offers a quarterly dividend of $0.595 per share and has a dividend yield of 1.13%, as of July 15. The company has grown its dividends for 31 years in a row.