Published Sun, 26 Aug 2018 13:33:48 -0400 on Seeking Alpha
What Canadian sectors and industries have dividend paying and dividend growth stocks, and what are these specific stocks?
I'll be answering this question by first looking at the Canadian market as a whole and then drilling down deeper into the 11 sectors, the 69 industries, and 158 sub-industries, and then finally listing off all of the Canadian dividend-paying and dividend growth stocks and sorting them by their dividend streak length (Number of years they've increased their dividends in a row).
The Canadian Market Canada is known for two sectors: financials (The "Big 5" banks) and the energy sector, which together make up more than 50% of the market by market capitalization. This makes building a diversified portfolio of Canadian dividend-paying stocks difficult, if not near impossible because the Canadian stock market is not balanced.
Source: July 31, 2018 S&P/TSX Composite (CAD) Sector Breakdown
With the market so tilted to two sectors, your diversification options are limited. The other problem is the number of dividend stocks is also limited.
I used the TMX Money Screener in August 2018 to find all Canadian listed stocks with a market capitalization of $100 million or more. Once I removed the preferred share listings, the duplicate company listings from dual-class share structures, and a few other housekeeping adjustments I was left with...
...690 Canadian stocks with a market cap of $100 million or more.
Remove all the... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|CANADIAN NATURAL RESOURCES||25.35||8.4||3.00||1.13||4.32|
|CANADIAN NATIONAL RAILWAY||92.36||20.2||4.58||1.62||1.73|
Older articles featuring Enbridge (ENB):Kiplinger 'Most Reliable Dividend Stocks On Earth' June Update
No Dividend Cuts, And Nine Dividend Increases In The COVID-19 Crisis
Dividend Champion And Contender Highlights: Week Of May 24
April Dividend Income Report - Wait For The Next Bottom?
The Widest Moat Dividend Portfolio Crushes The Market In The Recent Correction
Kiplinger 'Most Reliable Dividend Stocks On Earth' Persist Despite Covid-19 Losses By May Reckoning
15 Safe Ultra-High-Yield Dividend Stocks For These Troubled Times
TC Energy: The Keystone XL Pipeline Will Fuel Future Dividend Growth
March Dividend Income Report - Covid-19 Portfolio Construction Guide
Q1 2020 Dividend Report