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Five Canadian energy stocks poised to hike dividends

The rip-roaring TSX energy sector this year hasn’t found favour among investors just because of strengthening crude oil and natural gas prices. The trend of more players offering juicy dividend payouts has certainly played a part, too.

CIBC World Markets analysts are convinced producers will keep funnelling free cash flow into the hands of stockholders into the second half of this year and probably beyond, supported by the strong commodity prices as well as low declines in well production rates and healthy balance sheets.