Monthly Dividend Calendar (Canadian stocks – TSX)

Welcome to the world of dividends, where investments turn into streams of passive income. In the realm of finance, dividends play a crucial role in attracting investors seeking both stability and a reliable source of returns. If you’re an investor in the Canadian stock market, particularly on the Toronto Stock Exchange (TSX), you’re likely interested in knowing when some of the largest companies listed on the TSX will be distributing their dividends.

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In this article, we’ll be your dividend calendar guide, providing a comprehensive overview of the dividend distribution schedules for a select group of large-cap companies on the TSX.

Dividend Calendar Canada

February 2024 – Mid and Large caps

CompanyEx-Dividend DateDividendTypePayment DateYield
Tuesday, January 30, 2024
Boardwalk REIT (BEI_u)Jan 30, 20240.0975Feb 15, 20241.66%
Canadian Tire Ltd (CTCa)Jan 30, 20241.75Mar 01, 20244.73%
Primaris Real Estate (PMZ_u)Jan 30, 20240.07Feb 15, 20245.96%
Northland Power (NPI)Jan 30, 20240.1Feb 15, 20244.84%
CT Real Estate (CRT_u)Jan 30, 20240.07485Feb 15, 20246.04%
Riocan REIT (REI_u)Jan 30, 20240.09Feb 07, 20245.86%
First Capital Realty (FCR_u)Jan 30, 20240.072Feb 15, 20245.59%
Canadian Apartment Properties (CAR_u)Jan 30, 20240.12084Feb 15, 20243.08%
Chartwell Retirement Residences (CSH_u)Jan 30, 20240.051Feb 15, 20245.23%
Allied Properties (AP_u)Jan 30, 20240.15Feb 15, 20248.75%
Killam Properties (KMP_u)Jan 30, 20240.05833Feb 15, 20243.73%
Sienna Senior Living (SIA)Jan 30, 20240.078Feb 15, 20247.70%
Tamarack Valley Energy (TVE)Jan 30, 20240.0125Feb 15, 20244.69%
Whitecap Resources (WCP)Jan 30, 20240.0608Feb 15, 20248.15%
Crombie REIT (CRR_u)Jan 30, 20240.07417Feb 15, 20246.44%
Choice Properties REIT (CHP_u)Jan 30, 20240.0625Feb 15, 20245.29%
Peyto Exploration&Develop (PEY)Jan 30, 20240.11Feb 15, 20249.98%
Smart REIT (SRU_u)Jan 30, 20240.15417Feb 15, 20247.50%
Northwest Healthcare (NWH_u)Jan 30, 20240.03Feb 15, 20247.24%
H&R Real Estate (HR_u)Jan 30, 20240.05Feb 15, 20246.01%
Exchange Income (EIF)Jan 30, 20240.22Feb 15, 20245.59%
Freehold Royalties (FRU)Jan 30, 20240.09Feb 15, 20247.70%
Granite REIT (GRT_u)Jan 30, 20240.275Feb 15, 20244.49%
InterRent REIT (IIP_u)Jan 30, 20240.0315Feb 15, 20242.79%
Dream Industrial REIT (DIR_u)Jan 30, 20240.05833Feb 15, 20245.15%
Mullen Group (MTL)Jan 30, 20240.06Feb 15, 20244.60%
Wednesday, January 31, 2024
Emera Incorporated (EMA)Jan 31, 20240.7175Feb 15, 20245.88%
Canadian Utilities (CU)Jan 31, 20240.4531Mar 01, 20245.77%
Richelieu Hardware (RCH)Jan 31, 20240.15Feb 15, 20241.38%
Thursday, February 1, 2024
PayPoint (PAYP)Feb 01, 20249.5Mar 05, 20247.01%
SSP (SSPG)Feb 01, 20242.5Feb 29, 20241.10%
Paragon Banking Group (PAGPA)Feb 01, 202426.4Mar 08, 20245.25%
Schroder Oriental (SOI)Feb 01, 20242Feb 16, 20244.88%
Edinburgh Investment (EDIN)Feb 01, 20246.7Feb 23, 20243.97%
IG Group (IGG)Feb 01, 202413.56Mar 01, 20246.32%
Friday, February 2, 2024
MTY Food (MTY)Feb 02, 20240.28Feb 15, 20241.93%
Wednesday, February 14, 2024
Enghouse Systems (ENGH)Feb 14, 20240.22Feb 29, 20242.35%
Thursday, February 15, 2024
Imperial Brands (IMB)Feb 15, 202451.82Mar 28, 20247.59%
Fortis Inc (FTS)Feb 15, 20240.59Mar 01, 20244.42%
Pershing Square (PSHP)Feb 15, 20240.1456Mar 15, 20241.25%
ICG Enterprise (ICGT)Feb 15, 20248Mar 01, 20242.70%
Thursday, February 22, 2024
Virgin Money UK (VMUK)Feb 22, 20242Mar 20, 20243.42%
EasyJet (EZJ)Feb 22, 20244.5Mar 22, 20240.85%
Endeavour Mining (EDV)Feb 22, 20240.41Mar 25, 20244.47%
Dividend Calendar

January 2024 – Large caps

CompagnieEx-Dividend
Date
Dividend
$
Payment
Date
Rend
Div
Bank of Nova Scotia (BNS)Jan 02, 20241.06Jan 29, 20246.70%
Auto Trader Group Plc (AUTOA)Jan 04, 20243.2Jan 26, 20241.22%
Dollarama (DOL)Jan 04, 20240.0708Feb 02, 20240.30%
Experian (EXPN)Jan 04, 20240.18Feb 02, 2024
Toronto Dominion Bank (TD)Jan 09, 20241.02Jan 31, 20244.79%
Ashtead Group (AHT)Jan 11, 20240.1575Feb 08, 2024
Sage (SGE)Jan 11, 202412.75Feb 09, 20241.64%
SSE (SSE)Jan 11, 202420Mar 08, 20244.74%
Compass (CPG)Jan 18, 202428.1Feb 29, 20242.03%
Bank of Montreal (BMO)Jan 29, 20241.51Feb 27, 20244.64%
Mondi (MNDI)Jan 29, 20241.6Feb 13, 2024
Canadian Tire Ltd (CTCa)Jan 30, 20241.75Mar 01, 20245.00%
Dividend Calendar

December 2023


Company
Ex-Dividend DateDividendTypePayment
date
Thursday, December 7, 2023
Canadian Natural (CNQ)Dec 07, 20231Jan 05, 2024
Thursday, December 14, 2023
Cenovus Energy Inc (CVE)Dec 14, 20230.14Dec 29, 2023
BCE Inc (BCE)Dec 14, 20230.9675Jan 15, 2024
Thursday, December 28, 2023
Nutrien (NTR)Dec 28, 20230.53Jan 12, 2024
Canadian Pacific Kansas City (CP)Dec 28, 20230.19Jan 29, 2024
Dividend Calendar

November 2023


Company
Ex-Dividend DateDividendTypePayment date
Tuesday, November 7, 2023
Waste Connections (WCN)Nov 07, 20230.285Nov 28, 2023
Wednesday, November 15, 2023
Thomson Reuters (TRI)Nov 15, 20230.49Dec 15, 2023
Thursday, November 16, 2023
Fortis Inc (FTS)Nov 16, 20230.59Dec 01, 2023
Tuesday, November 21, 2023
Gildan Activewear (GIL)Nov 21, 20230.186Dec 18, 2023
Wednesday, November 29, 2023
Brookfield Infrastructure Partners (BIP_u)Nov 29, 20230.3825Dec 29, 2023
Thursday, November 30, 2023
Imperial Oil (IMO)Nov 30, 20230.5Jan 01, 2024
Agnico Eagle Mines (AEM)Nov 30, 20230.4Dec 15, 2023

Octobre 2023


Company
Ex-Dividend DateDividendTypePayment
date
Thursday, October 5, 2023
Dollarama (DOL)Oct 05, 20230.0708Nov 03, 2023
Toronto Dominion Bank (TD)Oct 05, 20230.96Oct 31, 2023
Monday, October 23, 2023
Tourmaline Oil (TOU)Oct 23, 20231Nov 01, 2023
Thursday, October 26, 2023
Metro Inc. (MRU)Oct 26, 20230.3025Nov 14, 2023
Friday, October 27, 2023
Bank of Montreal (BMO)Oct 27, 20231.47Nov 28, 2023
Monday, October 30, 2023
Canadian Apartment Properties (CAR_u)Oct 30, 20230.12084Nov 15, 2023
Canadian Tire Ltd (CTCa)Oct 30, 20231.725Dec 01, 2023
Tuesday, October 31, 2023
Emera Incorporated (EMA)Oct 31, 20230.7175Nov 15, 2023

What’s a Dividend Calendar

A dividend calendar is an essential tool for investors focusing on dividend income. It not only provides a schedule of when dividends are expected but also helps in planning investment strategies and managing cash flows efficiently. Here are some key components and additional advice for investors on how to leverage a dividend calendar effectively:

Key Components of a Dividend Calendar:

Declaration Date: The date on which a company announces its next dividend payment, specifying the dividend amount per share.

Ex-Dividend Date: This is crucial. To receive the declared dividend, you must purchase the stock before this date. Anyone buying the stock on or after the ex-dividend date will not receive the dividend.

Record Date: The company determines its shareholders eligible for the dividend on this date. It’s typically set shortly after the ex-dividend date.

Payment Date: The actual day when the dividend payment is made to the shareholders.

Advice for Investors:

Early Planning: Use the dividend calendar to plan your purchases and sales. Knowing the ex-dividend dates helps ensure you’re holding the stock at the right time to qualify for dividends.

Monitor Regularly: Dividend dates and amounts can change. Regularly checking your dividend calendar helps you stay updated with any adjustments.

Diversify Payment Dates: To ensure a steady income stream, consider investing in stocks or ETFs with staggered dividend payment dates. This strategy can provide more consistent cash flow throughout the year.

Consider Dividend Reinvestment Plans (DRIPs): Many companies offer DRIPs, allowing you to reinvest dividends into additional shares automatically, which can be beneficial for compounding growth over time.

Stay Informed About Market Conditions: Dividend payments can be influenced by economic factors and company performance. Staying informed can help you anticipate changes in dividend policies.

Tax Planning: Be aware of the tax implications of dividend income. In some jurisdictions, dividends are taxed differently than regular income, which can affect your investment strategy.

Use Technology: Leverage investment apps and platforms that offer dividend tracking and alerts. These tools can notify you of upcoming ex-dividend dates, payment dates, and any changes in dividend policies.

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Tools to help with planning your Dividend Calendar

For investors looking to manage their dividend income effectively, several tools and platforms can be invaluable in tracking dividend payments, schedules, and related information. Here are some popular tools that can assist investors in staying on top of their dividend investments:

Brokerage Account Platforms: Many online brokerages provide integrated tools for tracking your investments, including dividend schedules. These platforms often offer personalized dividend calendars based on your portfolio, alerting you to upcoming dividend payments.

Investment Tracking Apps: Apps like Seeking Alpha, Dividend.com, and The Motley Fool offer features for dividend tracking, including calendars, alerts, and analysis on dividend-paying stocks.

Financial News Websites: Websites such as Bloomberg, Yahoo Finance, and MarketWatch provide extensive financial data, including dividend declarations, ex-dividend dates, and payment dates, along with tools to create personalized watchlists.

Personal Finance Software: Software like Quicken and Personal Capital allows you to manage all your financial accounts in one place, including investments. They can track dividends and help with overall financial planning.

Dividend Tracker Apps: Dedicated dividend tracker apps, such as Dividend Tracker and DRIP: Dividend Reinvestment Plan Tracker, are specifically designed to monitor dividend payments and schedules, helping investors plan their investment strategies around dividend income.

Spreadsheets: For those who prefer a more hands-on approach, custom spreadsheets created in Excel or Google Sheets can be powerful tools for tracking dividends, especially when combined with financial data APIs or manual updates.