Summer peaks in August for those who enjoy swimming in the Great Lakes while the sun shines and the water is warm.

In the stock market, many investors appreciate calm waters and relatively steady returns. They might seek out the Stable Dividend portfolio and its three variants, which are highlighted today.

On the upside, the Stable Dividend portfolio gained an average of 15.4 per cent annually over the 30 years through to the end of July, 2026. In comparison, the Canadian stock market, as represented by the S&P/TSX Composite Index, climbed at an average annual rate of 9.5 per cent over the same period.

(The returns herein are based on backtests using monthly data from Bloomberg. They include dividend reinvestment but not fund fees, taxes,…