Annual Canadian Dividend All-Star List Update Coming Soon & 2016 Popular Posts

Gingerbread Dragon

My Gingerbread Dragon.

I hope everyone is enjoying the Holidays so far. I’ve got about a week off from work and I’m really looking forward to some relaxing time with the family over the Holidays. On the theme of relaxing I thought I would write a cop-out article on my most popular posts in 2016 ;). This is an annual tradition for most bloggers, lol. So without further ado here they are…

Most Popular Page Canadian Dividend All-Star List

The Canadian Dividend All-Star List is a free excel spreadsheet of Canadian companies that have recorded 5 or more years of consecutive dividend increases. The list is updated monthly, contains an abundance of stock information and is used by most as a screening tool for Canadian dividend growth stocks. This page gets more page views than my home page and continues to be the most popular part of my blog. When I first started this blog I thought about what I could do that would add real value to my readers and this was one of the ideas I had. At the time I used (and continue to use) David

… Continue reading Annual Canadian Dividend All-Star List Update Coming Soon & 2016 Popular Posts

Financially Strong Canadian Dividend Growth Stocks & Their Credit Ratings

My investing plan involves buying and hopefully holding great dividend growth companies for a long period of time while collecting the growing stream of dividends that will eventually help cover retirement costs and inflation. For this strategy to work I need companies to be able to survive and thrive over the very long term. This is why, as a long term dividend growth investor, I place a lot of weight in the financial strength of a company before investing.

With that in mind I thought it would be interesting to come up with a laundry list of Canadian dividend growth stocks that exhibit signs of financial strength.

As a starting point I used the May 31, 2016 version of the Canadian Dividend All-Star List which is an excel spreadsheet of Canadian companies that have increased their dividend for five or more consecutive years in a row. Currently there are 88 companies in the list with a dividend streak of 5 years or more. I decided to make one exception and added Bank of Montreal [BMO.TO Trend] into the mix, bringing the total to 89.

We in Canada are known for

… Continue reading Financially Strong Canadian Dividend Growth Stocks & Their Credit Ratings

Canadian Dividend All-Star List – September 2015 Update

cup'a list

The Canadian Dividend All-Star List has been updated for September 30th. The list contains Canadian companies that have increased their recorded dividends for five or more calendar years in a row. The list also contains an “Others” tab to include some other companies that have a dividend streak of less than 5 years.

The list has an array of stock information that includes over 10 years’ worth of dividend data, the highest dividend yield for each year, and a wealth of other stock information. The list can be useful when screening for Canadian dividend growth companies. Once a month I update the list and it can be downloaded free here.

In this month’s list one company was added to the All-Star List and there were a number of September dividend increases announced.

Melcor Developments Ltd. [TSE:MRD Trend] was added to the Canadian Dividend All-Star List as it has increased its dividend for 5 consecutive calendar years and currently yields 4.1%. They have 5 and 10 year dividend growth rates of 18.3% and 17.1% respectively.

Melcor Developments Ltd is a real estate development company. It is engaged in

… Continue reading Canadian Dividend All-Star List – September 2015 Update

14 Canadian Dividend Growth Companies with Consistently High Earnings Growth

Earnings

I’m always on the lookout for dividend growth companies that have long growing dividend streaks, wide economic moats and strong financial strength. I plan to buy these companies at cheap valuations and utilize the growing dividend income to become financially independent. One characteristic of a good dividend growth company is the ability to pay increasing dividends because it is also increasing its earnings. Dividend growth without earnings growth is not a sustainable long term trend. As I plan to invest and hold on to these companies for a very long time, it is important to me that they are able to regularly make more money to support the increasing dividend. With that in mind I decided that I would try and identify companies in the Canadian Dividend All-Star List that have been able to increase their earnings per share (EPS) at a consistently high growth rate over the past decade.

Related: Canadian Dividend All-Star List Free Download Page

To start with I used Morningstar annual EPS data for a decade found in its Key Ratio tab for each company in the January 31, 2015 version of the Canadian

… Continue reading 14 Canadian Dividend Growth Companies with Consistently High Earnings Growth

Canadian Dividend All-Star List Update: March 1, 2014 – New tab that includes the Canadian Banks!

So you turned your back

The Canadian Dividend All-Star List has been updated for the month, and I think you’ll like this update as I’ve added a whole bunch more information. The update I’m most excited about is the addition of the “Others” tab. In this tab I’ve added more dividend paying companies with a dividend streak of less than 5 years which includes the big six Canadian banks!

When the financial crisis hit in 2008 and 2009 there were a number of companies that kept there dividend steady for a few years, before increasing the dividend again. This knocked a lot of companies off the Canadian Dividend All-Star List as they no longer had the required five or more years of increasing dividends each calendar year in a row. The big six Canadian banks all failed to increase their dividend which is why you don’t see them in the Canadian Dividend All-Star List. I think if you talk with most Canadian dividend growth investors you will find they own at least one of the big six banks in their portfolio. I’d wager it’s a significant component of their portfolio too. This is the main reason I wanted to include the “Others”

… Continue reading Canadian Dividend All-Star List Update: March 1, 2014 – New tab that includes the Canadian Banks!

Updated Canadian Dividend All-Star List: January 1, 2014

spiral bound and not

It’s a few days late, but I’ve updated the Canadian Dividend All-Star List for the month (or maybe I should say the year). You can download the latest version here. As you know the Canadian Dividend All-Star List is a list of Canadian companies that have increased their dividend for 5 or more years in a row. With the new year upon us, I had to identify companies that had new streaks of 5 years or more. Those that were unable to increase their dividend were removed from the list.

Additions:

  • BCE Inc was added with a dividend streak of 5 years.
  • Genworth MI Canada Inc was added with a dividend streak of 5 years.
  • Gluskin Sheff + Associates was added with a dividend streak of 8 years.
  • High Liner Foods Inc was added with a dividend streak of 6 years.
  • Franco-Nevada Corp was added with a dividend streak of 6 years.
  • If you find any other companies that should be added because they have a 5 year or more streak, please let me know.

    Deletions:

  • AGF Management Ltd was removed from the Canadian Dividend

    … Continue reading Updated Canadian Dividend All-Star List: January 1, 2014

  • I’m Back with Expansion Plans for the Canadian Dividend All-Star List

    Winter Road

    Pavel P. / Foter.com / CC BY

    I’m back!

    If you’ve been following this blog, you will have noticed that I haven’t posted an entry since September! In September I came back to work after taking a year off to travel with my fiancé. My work has fairly strict conflict of interest rules and I had to have the blog activities reviewed. It took some time to get approval from the higher ups, but I’ve been given the go ahead. You can expect more regular articles again now that I have this approval.

    It was a little frustrating to have the review go on for so long, but I have a great job and it’s not worth losing it over this blog. Don’t get me wrong I love my blog, but I have bills to pay! Only a select few can make a decent living blogging, currently I am not one of those people.

    What have I been up to?

    When it comes to my portfolio, not much. The market has been performing quite well recently, which has kept me out of it.

    … Continue reading I’m Back with Expansion Plans for the Canadian Dividend All-Star List

    Updated Canadian Dividend All-Star List: June 30, 2013

    Siem Reap Cambodia

    For the past week I’ve been in Cambodia checking out the temples in Siem Reap. As you can see from the picture above, it has been a great adventure. I’ll be heading over to Thailand shortly, but happy Canada Day weekend to all the folks back home. I’ve been traveling since October 2012 and it has been a great experience, but it will be nice to come home in late July. Now onto dividends and such…

    I’ve updated the Canadian Dividend All-Star List for the month. You can download the latest version here.

    There are few updates this month.

  • A reader pointed out that I was missing Transcontinental Inc. I added Transcontinental Inc to the list as it has a dividend streak of 11 years.
  • A reader pointed out that I was missing Royal Gold Inc. I added Royal Gold Inc to the list as it also has a dividend streak of 11 years. Royal Gold is listed on the Toronto Stock Exchange, but dividends are paid out in US dollars.
  • A reader previously commented that the market capitalization wasn’t a number in

    … Continue reading Updated Canadian Dividend All-Star List: June 30, 2013

  • Overcome Dividend Yield Valuation Flaws and Find Reasonable Target Prices Fast

    Oil Sands Plant - Suncor Energy

    Suncor Energy / Foter.com / CC BY-NC-ND

    Last week I went over how you can compare the current dividend yield to historical averages to see if a stock is undervalued. The idea being that if the dividend is sustainable and the current yield is higher than the 3, 5, and 10 year high yield averages then the stock is likely undervalued.

    You can run into problems with this technique in a few situations however. Sometimes a company has a high yield because they are going through problems or because the market expects a dividend cut. If you look at the yield before a dividend cut, it will usually be higher than the historically high yield averages. No one likes to invest in a company right before a dividend cut, so it is important to see if the dividend is sustainable before using this valuation technique. AGF Management Ltd comes to mind when I look at the May 31, 2013 version of Canadian Dividend All-Star List. AGF Management Ltd’s current yield of 9.44% is 32.7% above its 10 year average highest yield, but by looking at the payout ratio I

    … Continue reading Overcome Dividend Yield Valuation Flaws and Find Reasonable Target Prices Fast

    Canadian Dividend All-Star List Update: Column Headers Explained

    I’ve now gone through and made some notes on what all the column headers mean in the Canadian Dividend All-Star List. This information will be included in the Notes tab of the All-Star List download at the end of the month. Here’s the information:

    Seq

    The ranking of companies based on the length of their dividend streak. The closer it is to the number one the longer the streak. Fortis Inc currently has the longest streak for Canadian companies with a dividend streak of 39 years in a row. It’s ranked #1

    Ticker

    The Yahoo! Finance stock ticker used to identify the company.

    Company

    The name of the company.

    Streak

    The number of consecutive calendar years the company has increased their regular dividend. I’ve removed special dividends when determining the streak. For instance if a company pays out a one time special dividend on top of their regular dividends that results in a higher dividend in the previous year they will not be penalized because of this. I’m only focusing on the increases of regular dividends. I’ve used the record date based on a calendar year to determine the streak length. There are a variety of different key dividend dates

    … Continue reading Canadian Dividend All-Star List Update: Column Headers Explained