S&P Dividend Aristocrats now in Canada
16 October 2007I read in the Globe and Mail that Standard & Poor’s has launched a new index to track Canada’s most consistent dividend raisers.
The S&P/TSX Canadian Dividend Aristocrats Index is composed of Toronto Stock Exchange-listed Canadian companies that have increased dividends annually for at least seven years. The index consists of 35 stocks, with each stock weighted based on its indicated dividend yield of each component stock.
“Dividends have contributed nearly a third of the market’s total equity return of the S&P/TSX Composite since 1956, while capital appreciation has contributed two thirds,” said Jasmit Bhandal, director of business development at Standard & Poor’s Canadian Index Services. “Stable and increasing dividends are traditionally used by corporate managers to signal their confidence in their company’s prospects. Investors consider long dividend track records a sign of corporate maturity, growth, and strength.”
Check out the fact sheet.
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on December 19th, 2007 at 10:34 pm
Great site!!!
I feel like an idiot but is there a list somewhere that I can browse all the companies that you have done an analysis on?
Thanks
on January 2nd, 2008 at 12:48 am
Gidday Al,
I don’t really have a list as such but you just have to troll through the tags on my site to find them.
You will find that the majority of them are on stocks that I own, so clearly my statements come with some colour on my part.
They are honest in my humble opinion though.
To get a list of all the companies on New Zealand’s NZX try the NZX website here: http://www.nzx.com/market/price_by_stock/securities_a-z
Happy New Year, Darren