Go to the Globe and Mail homepage

Jump to main navigationJump to main content

(Comstock)
(Comstock)

Portfolio Strategy

New names among the dividend growth stars Add to ...

To test the value of investing in dividend growth stocks, the portfolio analysis firm Morningstar CPMS has since 1992 created annual compilations of TSX-listed stocks that have raised their dividends in the previous year. Here are the stocks that have held their place on the list of dividend growers the longest.

Company

Ticker (TSX)

Purchased

Purchase Price ($)

Current Yield (%)

Yield on Cost (as of Dec. 31) (%)

Fortis

FTS

12/31/1991

5.97

3.6

19.4

Canadian Utilities

CU

12/31/1992

10.25

2.9

14.7

SNC-Lavalin Group Inc.

SNC

12/31/1993

2.08

1.5

32.7

Atco Ltd.

ACO.X

12/30/1994

7.50

1.9

14.1

Imperial Oil

IMO

12/30/1994

5.14

1.0

8.6

Emera Inc.

EMA

12/29/1995

12.38

4.1

10.5

Empire Company Ltd.

EMP.A

12/29/1995

6.50

1.5

12.3

Metro Inc.

MRU.A

12/29/1995

4.66

1.6

14.6

Toromont Industries

TIH

12/29/1995

3.69

3.4

17.3

Canadian National Railway

CNR

12/31/1996

8.68

1.7

12.4

Enbridge Inc.

ENB

12/31/1996

9.99

3.2

19.6

AGF Management Ltd.

AGF.B

12/31/1997

9.16

5.6

11.4

Saputo Inc.

SAP

12/31/1998

10.80

1.4

5.9

Ensign Energy Services

ESI

12/29/2000

9.25

2.1

4.1

Canadian Natural Res.

CNQ

12/31/2001

4.79

0.9

6.3

CCL Industries

CCL.B

12/31/2002

19.46

2.2

3.6

Finning International

FTT

12/31/2002

12.77

1.8

3.8

Suncor Energy

SU

12/31/2002

12.35

1.2

3.2

Transcontinental Inc.

TCL.A

12/31/2002

18.50

3.7

2.4

TransCanada Corp.

TRP

12/31/2002

12.92

4.0

7.0

Note: Purchase price may be adjusted for stock splits; yield on cost is the dividend yield resulting from the 2010 level of dividends and the original purchase price.

Source: Morningstar Canada

Dividend Growth Stars of the Past

These stocks were listed in a September 2007 Portfolio Strategy on top dividend growth stocks

Company

Ticker (TSX)

10-yr Avg. Ann. Div. Gwth. (to Sep. '07) (%)

Shaw Communications

SJR.B

43.76

CHC Helicopter

FLY.A

25.89

Teck Resources

TCK.B

25.89

Reitmans (Canada)

RET.A

25.70

AGF Management

AGF.B

20.89

Brookfield Office Properties

BPO

20.87

IGM Financial

IGM

19.89

Empire Co.

EMP.A

19.62

Great-West Lifeco

GWO

19.20

Canadian Western Bank

CWB

19.14

Metro Inc.

MRU.A

19.12

Canadian National Railway

CNR

18.54

SNC-Lavalin Group

SNC

18.37

Royal Bank of Canada

RY

17.76

Bank of Nova Scotia

BNS

17.14

Power Corp. of Canada

POW

17.04

Toromont Industries

TIH

16.98

Power Financial

PWF

16.59

Encana Corp.

ECA

15.50

Toronto-Dominion Bank

TD

15.07

Source: globeinvestor.com

All share price and yield data is to June 24.

Single page

Follow on Twitter: @rcarrick

 
  • CNR-T
  • MRU.A-T
  • SNC-T
  • EMP.A-T
  • GBT.A-T
  • HCG-T
  • SAP-T
  • FTS-T
  • CWB-T
  • L-T
  • PWF-T
  • SLF-T
Live Discussion of CNR on StockTwits
More Discussion on CNR-T
Live Discussion of MRU.A on StockTwits
More Discussion on MRU.A-T
Live Discussion of SNC on StockTwits
More Discussion on SNC-T
Live Discussion of EMP.A on StockTwits
More Discussion on EMP.A-T
Live Discussion of GBT.A on StockTwits
More Discussion on GBT.A-T
Live Discussion of HCG on StockTwits
More Discussion on HCG-T
Live Discussion of SAP on StockTwits
More Discussion on SAP-T
Live Discussion of FTS on StockTwits
More Discussion on FTS-T
Live Discussion of CWB on StockTwits
More Discussion on CWB-T
Live Discussion of L on StockTwits
More Discussion on L-T
Live Discussion of PWF on StockTwits
More Discussion on PWF-T
Live Discussion of SLF on StockTwits
More Discussion on SLF-T

More related to this story

Topics:

In the know

Most popular video »

Highlights

More from The Globe and Mail

Most Popular Stories