Looking for the best of the best dividend stocks? The list of Canadian Dividend Aristocrats is the perfect place to start.

At the beginning you will see the list of stocks (Excel export) to find out more about their yield and dividend payout ratios. An important consideration is the within-sector and industry comparison to compare apples to apples and oranges to oranges.

To be included in Canadian Dividend Aristocrats List, a Canadian company must meet the following criteria.

  • The company’s security is a common stock listed on the Toronto Stock Exchange or an income fund that is part of S&P Canada’s BMI.
  • The security has increased ordinary cash dividends each year for five years but can maintain the same dividend for a maximum of two consecutive years within that five year period.
  • The float-adjusted market capitalization of the security at the time of review must be at least $ 300 million.
  • For index additions, the company must have increased the dividend in the first year of the last five years of the dividend growth review. This rule does not apply to current index constituents.

The list of Dividend Aristocrats can be a good list to start your study of investing, but the 5 year dividend growth requirement, unfortunately, is not a guarantee of dividend stability.

Given that a dime in dividend growth also qualifies any business, it’s important that you look a little further to narrow the list, but get off to a good start nonetheless.

Get your list of STRONG dividend growth stocks

DISCLOSURE: Please note that links to merchants mentioned in this post may use an affiliate link. Using an affiliate link means that, at zero cost to you, I will potentially earn you a commission every time you buy something through that affiliate link.

Achievement of the Canadian Dividend Aristocrats

Want to get average returns from the Dividend Aristocrats Index or find a gem in a haystack?

This is where things get interesting. You can buy the dividend ETF index, which tracks the Canadian Dividend Aristocrats, to keep it simple. BlackRock offers an exchange-traded fund, ISHARES SP TSX CDN DIVIDEND IDX FD (also known as Claymore S & P / TSX Canadian Dividend ETF), which covers the S&P list. It can be a good choice for some accounts, such as B. Your RESP account.

On the other hand, would you really own all of the stocks in your portfolio? Assuming you have some rules about the number of stocks you hold, you want to find the stocks with the highest dividend growth, and this list is a good place to start when you want to find top blue chip stocks.

Below is the ETF’s cash distribution. As you can see, it doesn’t keep growth steady, although all holdings should increase their dividends annually.

The capital gains from moving and risk control play a role in the volatile distribution. Investing in a select group of stocks might be better than buying the ETF as a whole.

CDZ distribution

Source: BlackRock CDZ

Representation of the dividend aristocrats sector

The sectoral diversification of the list is given below and leads the way along with the TSX, Financials and Energy. Would the breakdown below match the diversification you want in your equity portfolio?

Still, you can find solid stocks with dividend growth across many sectors.

List of Canadian Dividend Aristocrats

The following are the 87 stocks listed in the Index, according to the rules set out above. Before you agree or disagree with the index or rules, indices are put together to try to categorize specific stocks and investment strategies such as monthly income investing, dividend investing, or dividend growth investing. ETFs and mutual funds then use these to put together products to meet investor demand.

Check out the list of stocks below, but be sure to check out the Canadian dividend generators as they require more than 10 years of consecutive dividend increases.

Historical updates

  • March 2021: 9 additions (AEM, BAD, CJT, CP, ECN, FN, QSR, WPM, X) and 2 distances (OR, RNW).
  • January 2021: No changes.
  • November 2020: No changes.
  • September 2020: LB and MTY have been removed.
  • June 2020: Removal of AD, SU, SES, IPL and RCH
  • April 2020: No removal by adding CGO, FSZ, GWO, MFI, POW and QBR.B.
  • January 2020: No adding or removing.
  • July 2019: SJR.B and GEI have been removed. GS was also removed when it was acquired and 10 more companies were added.
  • January 2019: ALA was removed after the dividend cut and ENF was removed when it was acquired by ENB.
  • September 2018: A few stocks were removed and one was acquired. CJR.B and CIX were removed and PJC.A was purchased from MRU.
  • May 2018: No changes.
  • February 2018: The following stocks are added; BEI.UN, EQB, TIH, PBH, RNW, PKI, SES, ONEX and OTEX while the following 9 stocks have been removed; FCR, RCI.B, WJA, SCL, IGM, PSI, CMG, NVU.UN, RUS and ESI.
  • January 2018: Agrium will be removed when the companies merge with Potash to create nutrient.
  • September 2017: HCG and AIM were removed as they reduced their dividends.
  • May 2017: 1 company was removed. Nevsun Resources (TSE: NSU) has been removed from the list.
  • February 2017: 14 companies were added while 1 was removed. New arrivals are: ALA, AP.UN, ARE, BAM.A, BEI.UN, BMO, CAR.UN, FCR, ITP, L, NWC, PPL, STN and WN. BDT was the company that was removed from the Aristocrats Index in the last update.

Components

Create your own top list

My portfolio has had an annual return of over 12% since 2009. it’s from 2009 !!! That’s a constant return, which means that after the rule of 72 I double my portfolio every 6 years.

My approach is simple, but you need key data that I created using the Dividend Snapshot Screeners. No other investment service offers you easily understandable data, but also usable data. No hidden magic.

In fact, I’ve tried all of the securities services for dividend investors like a crash test dummy for securities services. Just ask me and you will see why I couldn’t use anything out there and create the Dividend Snapshot Screener.

Join 128,000+ monthly investors and build a successful portfolio

DISCLOSURE: Please be aware that I may have a position in one or more of the holdings listed. You can find a full list of my holdings in my dividend portfolio.

DISCLAIMER: Please note that this blog post is my opinion and not an advice / recommendation. I am not a financial advisor, I am not qualified to provide financial advice. Before buying stocks / funds, consult a qualified financial planner. Make your investment decisions at your own risk. Please see my full disclaimer for more information.
Keywords TSE: ACO.X, TSE: AP.UN, TSE: AQN, TSE: ARE, TSE: ATD.B, TSE: BAM.A, TSE: BCE, TSE: BLX, TSE: BMO, TSE: BNS, TSE: BYD, TSE: CAR.UN, TSE: CCA, TSE: CCL.B, TSE: CGO, TSE: CHP.UN, TSE: CM, TSE: CNQ, TSE: CNR, TSE: CPX, TSE: CRT.UN, TSE: CSH.UN, TSE: CTC.A, TSE: CU, TSE: CWB, TSE: DOL, TSE: EIF, TSE: EMA, TSE: EMP.A, TSE: ENB, TSE: ENGH, TSE: EQB, TSE: FNV, TSE: FSV, TSE: FSZ, TSE: FTS, TSE: FTT, TSE: GRT.UN, TSE: GSY, TSE: GWO, TSE: IAG, TSE: IFC, TSE: IIP.UN, TSE: IMO, TSE: INE, TSE: IPL, TSE: ITP, TSE: KEY, TSE: L, TSE: MFC, TSE: MFI, TSE: MG, TSE: MIC, TSE: MRU, TSE: NA, TSE: NWC, TSE: ONEX, TSE: OR, TSE: OTEX, TSE: PBH, TSE: PKI, TSE: POW, TSE: PPL, TSE: QBR.B, TSE: RBA, TSE: RNW, TSE: RY, TSE: SAP, TSE: SIS, TSE: SJ, TSE: SLF, TSE: SMU.UN, TSE: SRU.UN, TSE: STN, TSE: T, TSE: TCL.A, TSE: TD, TSE: TFII, TSE: TIH, TSE: TRI, TSE: TRP, TSE: WN

LEAVE A REPLY

Please enter your comment!
Please enter your name here