This is a list of Canadian dividend stocks that currently, or in the past, had a history of consecutive dividend increases. For those wishing to find the most complete fundamental information on these companies, we recommend visiting one of Canada’s leading financial websites, the Financial Post (found here). However, Yahoo!Finance probably has the better long-term charts and historical dividend data.
| Symbol | Name | Price | P/E | EPS | Yield | P/B | % from yr low |
| JE.TO | JUST ENERGY GROUP INC | 7 | 3.11 | - | 17.71% | ∞ | 1.16% |
| CUF-UN.TO | Cominar REIT | 22.45 | 7.17 | 2.91 | 6.41% | 1.03 | 3.46% |
| REI-UN.TO | Riocan Real Estate Investment Trust | 27.16 | 5.89 | 4.57 | 5.19% | 1.23 | 5.60% |
| FTS.TO | Fortis Inc. | 33.54 | 19.85 | 1.65 | 3.69% | 1.6 | 5.80% |
| NA.TO | National Bank Canadian Equity SP | 76.28 | 8.07 | 9.36 | 4.35% | 1.85 | 7.36% |
| AX-UN.TO | Artis Real Estate Investment Trust | 16.06 | 5 | 3.14 | 6.72% | 0.97 | 7.42% |
| TA.TO | TransAlta Corp. | 15.02 | - | -2.61 | 7.72% | 1.69 | 7.59% |
| EMA.TO | Emera Inc. | 34.8 | 19.66 | 1.76 | 4.02% | 2.75 | 7.77% |
| IMO.TO | Imperial Oil Ltd. | 43.27 | 9.75 | 4.42 | 1.10% | 2.24 | 8.80% |
| LB.TO | Laurentian Bank of Canada | 44.58 | 9.02 | 4.92 | 4.39% | 1.01 | 9.64% |
Watch List Summary
Just Energy (JE.TO) has given up -7.40% since our February watch list. This is almost half of the 16.40% dividend yield that was presented last month. As we’ve said in our May 4, 2011 article titled “Price Decline Equals Dividend Canceled,” a dividend can be taken away as quickly as it was issued simply based on the price of the stock declining (found here). As the stock of JE.TO continues to decline, we eagerly await whether or not the stock find price support at the $6.00 level.
Cominar (CUF-UN.TO) is marginally changed since our January 2013 profile of the company (found here). Our analysis based on the stock remains the same as we said then, “the consistency of Cominar’s dividend history, given the economic environment, is a reflection of a responsible management team at the helm. Cominar should be considered at or below $18.25. Acceptance of downside risk to the $10.59 price should be built in for long-term investors.”