Three Dividend Powerhouses Ride Out Market Turbulence

Lundin Gold (TSX:LUG) is a Vancouver-based miner that focuses on discovering and producing gold and silver. The company has a 100% owned Fruta del Norte gold project and a broad package of mineral concessions across Ecuador covering about 65,000 hectares.

The firm generates most of its revenue from the Fruta Del Norte project, with US$2.0b in revenue. Lundin Gold attracts attention from income-focused investors because it combines a sizeable dividend with very high profitability, including a return on equity above 60% and net margins around 45.7%. However, almost everything depends on a single Ecuadorian operation and the gold price.

Canadian Natural Resources (TSX:CNQ) is a Calgary-based energy company that acquires, develops, and produces crude oil, natural gas, and natural gas liquids across Western Canada, the UK North Sea, and offshore Africa. The firm generates most of its revenue from Exploration and Production in North America at about CA$19.1b and Oil Sands Mining and Upgrading at about CA$17.4b.

Manulife Financial (TSX:MFC) is a Toronto-based insurer and asset manager that offers life and health insurance, retirement, and annuity products, as well as wealth management services to retail, institutional, and retirement clients across Canada, the U.S., Asia, and other international markets. The firm generates most of its revenue from Global Wealth and Asset Management at about CA$7.1b.