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Canadian Dividend All-Stars Set To Announce Dividend Increases The Week Of Feb. 11

Published Sun, 10 Feb 2019 13:48:32 -0500 on Seeking Alpha

Before we get started, I recently returned from a two-week vacation. We took the kids to Florida, and our trip centered around Disney World. It was a first for all of us, and I must say Disney (DIS) is a master at theme parks. The experience was truly memorable, and it makes the majority of theme parks I've been to look like Mickey Mouse operations (pun intended). It just reiterated why I am a Disney shareholder. Disney knows how to squeeze every last penny out of customers!
Now that I am back to the cold, white North, there is plenty to digest from a busy earnings week. This week, there could be three Canadian Dividend All-Stars raising dividends. Of note, all figures are in Canadian dollars unless otherwise noted.
Last Week - Results Last week was a mixed one for dividend growth investors. Six of the seven companies raised dividends with Domtar (UFS) [TSE:UFS] the exception. Based on its earnings call, it appears a decision on the dividend will not come until its AGM in May. This is not surprising, and I warned that Domtar was the least likely to raise. It has an inconsistent dividend pattern, and it is common for the company to keep its dividend steady for more than four consecutive quarters.
On the flip side, Intact Financial (OTCPK: IFCZF) [TSX:IFC], Suncor Energy (SU) [TSX:SU], BCE, Inc. (BCE) [TSX:BCE], Brookfield Renewable Energy Partners LP (BEP) [TSX:BEP.UN], Brookfield Property Partners LP (BPY) [TSX:BPY.UN], and Brookfield Infrastructure Partners LP (BIP)... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
DOMTAR 33.54   7.4 4.50 1.82 5.37
BCE 46.74   19.0 2.46 2.40 5.12
TRANSCANADA 48.40   14.2 3.42 2.27 4.70
BROOKFIELD INFRASTRUCTURE PARTNERS LP 44.82   1.0 0.03 2.01 4.55
SUNCOR ENERGY 28.10   10.4 2.71 1.27 4.45
BROOKFIELD ASSET MANAGEMENT 51.10   17.5 2.92 0.64 1.29
INTACT FINANCIAL 93.24   0.0 0.00 0.00 0.00

DOMTAR - UFS
DOMTAR - UFS  


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