Recent Dividend Increases (Canada – TSX)

Recent Dividend Increases Canada – January 2023

CompanyAmountPrevious
Amount
Increase
Amount
Ex-Date
BMO Bank of Montreal$1.43$1.392.88%1/27/2023
RY Royal Bank of Canada$1.32$1.283.13%1/25/2023
DNG Dynacor Group$0.01$0.008320.48%1/6/2023
TD Toronto-Dominion Bank$0.96$0.897.87%1/5/2023
FFH Fairfax Financial$13.4150$12.78104.96%1/18/2023
CMR iShares Premium Money Market ETF$0.1984$0.124060.00%12/30/2022
LB Laurentian Bank of Canada$0.46$0.452.22%12/30/2022
BK Canadian Banc$0.1684$0.16561.69%12/29/2022
EFN Element Fleet Management$0.10$0.078028.21%12/29/2022
GRT.UN Granite Real Estate Investment Trust$0.2667$0.25833.25%12/29/2022
WTE Westshore Terminals Investment$0.30$0.2520.00%12/29/2022
PSK PrairieSky Royalty$0.24$0.12100.00%12/29/2022
CEU CES Energy Solutions$0.02$0.016025.00%12/29/2022
TCN Tricon Residential$0.0790$0.07406.76%12/29/2022
ARX ARC Resources$0.15$0.1225.00%12/29/2022
CP Canadian Pacific Railway$0.90$0.19373.68%12/29/2022
ZDM BMO MSCI EAFE Hedged to CAD Index ETF$0.26$0.1662.50%12/28/2022
ZRE BMO Equal Weight REITs Index ETF$0.10$0.0911.11%12/28/2022
ZCH BMO MSCI China ESG Leaders Index ETF$0.18$0.175.88%12/28/2022
ZID BMO MSCI India ESG Leaders Index ETF$0.11$0.0350214.29%12/28/2022
ICE Canlan Ice Sports$0.03$0.02759.09%12/28/2022
CM Canadian Imperial Bank of Commerce$0.85$0.832.41%12/23/2022
ORA Aura Minerals$0.1880$0.17706.21%12/22/2022
NA National Bank of Canada$0.97$0.925.43%12/22/2022
BPF.UN Boston Pizza Royalties Income Fund$0.1020$0.102.00%12/20/2022
QSR Restaurant Brands International$0.7360$0.69106.51%12/20/2022
TF Timbercreek Financial$0.0580$0.05750.87%12/29/2022
CSU Constellation Software$1.3630$1.286.48%12/19/2022
TVE Tamarack Valley Energy$0.0130$0.0130.00%12/29/2022
BYD Boyd Group Services$0.1470$0.14402.08%12/29/2022

Recent Dividend Increases Canada – November-December 2022

CompanyAmountPrevious
Amount
Increase
Amount
Ex-Date
TWC TWC Enterprises$0.05$0.02150.00%11/29/2022
STLC Stelco$0.42$0.3040.00%11/24/2022
ATD Alimentation Couche-Tard$0.14$0.1127.27%11/30/2022
AGI Alamos Gold$0.0340$0.03206.25%12/5/2022
CMR iShares Premium Money Market ETF$0.1240$0.12300.81%11/22/2022
GIL Gildan Activewear$0.23$0.21606.48%11/22/2022
SLF Sun Life Financial$0.72$0.694.35%11/22/2022
YRI Yamana Gold$0.0410$0.03905.13%12/29/2022
CVD iShares Convertible Bond Index ETF$0.0720$0.07101.41%11/21/2022
WPM Wheaton Precious Metals$0.2040$0.19206.25%11/18/2022
MX Methanex$0.2380$0.22505.78%12/15/2022
SU Suncor Energy$0.52$0.4710.64%12/1/2022
FTS Fortis$0.5650$0.53505.61%11/16/2022
FN First National Financial$0.20$0.19602.04%11/29/2022
MMX Maverix Metals$0.0170$0.01606.25%11/29/2022
XIU iShares S&P/TSX 60 Index ETF$0.2360$0.232.61%11/21/2022
ICE Canlan Ice Sports$0.03$0.02759.09%12/28/2022
CEU CES Energy Solutions$0.02$0.016025.00%12/29/2022
CCA Cogeco Communications$0.7760$0.705010.07%11/9/2022
OVV Ovintiv$0.3410$0.326.56%12/14/2022
EQB EQB$0.33$0.316.45%12/14/2022
HDI Hardwoods Distribution$0.13$0.128.33%1/12/2023
TCN Tricon Residential$0.0790$0.07406.76%12/29/2022
FTT Finning International$0.2360$0.205015.12%11/23/2022
TA TransAlta$0.0550$0.0510.00%11/30/2022
PZA Pizza Pizza Royalty$0.07$0.06802.94%11/29/2022
FNV Franco-Nevada$0.4360$0.40906.60%12/7/2022
CSU Constellation Software$1.3630$1.286.48%12/19/2022
T TELUS$0.3510$0.33903.54%12/8/2022
Source: Market beats – Dividend Increases Canada

Dividend calendar Canada

Recent Dividend Increases – Canadian Banking sector

CompanyAmountPrevious
Amount
Increase
Amount
Ex-Date
CWB Canadian Western Bank$0.32$0.313.23%12/14/2022
CM Canadian Imperial Bank of Commerce$0.85$0.832.41%12/23/2022
BMO Bank of Montreal$1.43$1.392.88%1/27/2023
TD Toronto-Dominion Bank$0.96$0.897.87%1/5/2023
RY Royal Bank of Canada$1.32$1.283.13%1/25/2023
NA National Bank of Canada$0.97$0.925.43%12/22/2022
SLF Sun Life Financial$0.72$0.694.35%11/22/2022
FN First National Financial$0.20$0.19602.04%11/29/2022
Dividend Increases Canada

Dividend cuts – Novembre-Décembre 2022

CompanyAmountPrevious
Amount
Decrease
Amount
Ex-Date
AQN Algonquin Power & Utilities$0.2460$0.4670-47.32%12/29/2022
PSD Pulse Seismic$0.0125$0.0130-3.85%11/11/2022
BRE Bridgemarq Real Estate Sces$0.1120$0.1125-0.44%11/29/2022
MAL Magellan Aerospace$0.0250$0.05-50.00%12/14/2022
ABX Barrick Gold$0.15$0.20-25.00%11/29/2022
TIH Toromont Industries$0.0040$0.39-98.97%12/7/2022
TRI Thomson Reuters$0.4450$0.5720-22.20%11/16/2022
CGI Canadian General Investments$0.23$0.2730-15.75%11/29/2022
GWR Global Water Resources$0.0320$0.0630-49.21%10/14/2022
Source: Market beats

Dividends (Definition)

Dividends are paid by companies to their shareholders. They constitute a portion of the company’s profit. It is the board of directors which proposes a rate called (Ratio of payment of the dividends or ‘Pay out ratio’. The ratio is a percentage of the profit. Example, a company made a profit of 1,000,000 $, and it decides to pay 50% in dividends and the rest will be reinvested in the company.

Amount of dividends $ 500,000

Number of outstanding shares: 100,000 shares

Each shareholder will receive $ 5 in dividends.

Dividends can be distributed quarterly or annually. In rare cases, companies pay their dividends monthly.

• “declaration date”: The declaration date is the day on which the board of directors announces its intention to pay a dividend.

• “ex-dividend date”: Date to be retained, each person who holds the share on this date is automatically eligible to receive the declared dividends.

Example: the ex-dividend date is May 3.

You must acquire the share at least 3 business days before the ex-dividend date, which is April 27.

You can sell the stock on May 4th and you will still receive your dividend.

• “payment date” / “payment date”: The payment date is the date on which the dividend will actually be paid. Everything is done automatically, there is nothing you can do.

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