Dividend Achievers are dividend growth stocks with at least 10 years of dividend growth behind them. It’s the first step in building your master stock list and finding solid dividend growth stocks.
On the US stock market, there are 3 groups distinctly tracked:
- Dividend Kings with 50+ years of dividend growth
- Dividend Aristocrats with 25+ years of dividend growth
- Dividend Achievers with 10+ years of dividend growth
The primary criterion to be on any of those lists is increasing dividends annually. The amount of growth is not important with the filter to be included. One cent will keep you going and that’s why you want to look into the companies further after they make it onto these lists. Your screener needs to be able to identify achievers, otherwise you are already behind in your investing journey.
On the Canadian front, there is only one list officially tracked but I intend to show who is a Canadian Dividend Achiever.
- Canadian Dividend Achievers with 10+ years of dividend growth
- Canadian Dividend Aristocrats with 5+ years of dividend growth
Note that you can’t access such dividend data point without a specialized stock screener such as Dividend Snapshot Screeners.
Strategy with Dividend Achievers
When investing, you have to narrow down your choice to one stock before making a purchase. The best investors such as Warren Buffett have a process to select stocks. These lists can be your first step in narrowing down your selection.
- Have clear investing rules – see my 31 Investing Rules
- Make a list of stocks matching your investing criteria
- Don’t go to narrow at first, otherwise, you can miss an opportunity
- See the Dividend Snapshot Screeners
- Identify what your portfolio needs
- How many stocks do you hold? Are you building an index?
- Pick a few options
- Research the few options further to select one
Canadian Dividend Achiever Stocks
Below is the list of all the Canadian Dividend Achievers stocks. That’s more than half the Canadian Dividend Aristocrats list and just a little more than the 10-10 stock list.
By Sector
All Constituents
Ticker | Company | Sector | Market Cap | P/E | Graph |
---|---|---|---|---|---|
RY | Royal Bank | Financial Services | 188.77 | 12.51 | 1 |
TD | TD Bank | Financial Services | 144.27 | 12.87 | 1 |
CNR | Canadian National Railway | Industrials | 111.51 | 20.29 | 1 |
CNQ | Canadian Natural Resources | Energy | 103.63 | 12.93 | 1 |
ENB | Enbridge | Energy | 102.79 | 17.04 | 1 |
BAM.A | Brookfield Asset Management | Financial Services | 101.83 | 22.95 | 1 |
TRI | Thompson Reuters | Industrials | 95.69 | 27.39 | 1 |
BMO | Bank of Montreal | Financial Services | 92.06 | 17.98 | 1 |
BNS | Scotia Bank | Financial Services | 82.66 | 11.08 | 1 |
ATD | Alimentation Couche-Tard | Consumer Defensive | 79.40 | 19.69 | 1 |
CM | CIBC | Financial Services | 62.36 | 10.24 | 1 |
WCN | Waste Connections | Industrials | 58.01 | 56.53 | 1 |
TRP | TC Energy | Energy | 56.31 | 19.73 | 1 |
IMO | Imperial Oil | Energy | 46.43 | 10.18 | 1 |
L | Loblaw | Consumer Defensive | 46.15 | 22.77 | 1 |
BCE | BCE | Communication Services | 44.98 | 20.25 | 1 |
IFC | Intact Financial | Financial Services | 40.38 | 32.45 | 1 |
NA | National Bank | Financial Services | 36.90 | 11.48 | 1 |
T | Telus | Communication Services | 34.48 | 40.49 | 1 |
FNV | Franco-Nevada Corp | Basic Materials | 29.83 | 31.77 | 1 |
DOL | Dollarama Inc | Consumer Defensive | 28.63 | 30.94 | 1 |
FTS | Fortis | Utilities | 26.52 | 17.46 | 1 |
WN | George Weston | Consumer Defensive | 24.44 | 17.05 | 1 |
BAM | Brookfield Asset Management | Financial Services | 23.41 | 8.96 | 1 |
RBA | Ritchie Bros Auctioneers | Industrials | 18.64 | 81.03 | 1 |
MRU | Metro | Consumer Defensive | 16.80 | 16.94 | 1 |
STN | Stantec | Industrials | 13.09 | 38.53 | 1 |
CCL.B | CCL Industries | Consumer Cyclical | 12.97 | 24.64 | 1 |
SAP | Saputo | Consumer Defensive | 11.41 | 34.14 | 1 |
TIH | Toromont Industries | Industrials | 10.17 | 19.38 | 1 |
EMP.A | Empire Co | Consumer Defensive | 8.47 | 11.67 | 1 |
CTC.A | Canadian Tire Corporation | Consumer Cyclical | 8.01 | 35.93 | 1 |
PKI | Parkland Corporation | Energy | 7.66 | 16.58 | 1 |
BYD | Boyd Group Services | Consumer Cyclical | 6.59 | 59.82 | 1 |
CU | Canadian Utilities | Utilities | 6.35 | 13.34 | 1 |
FTT | Finning Intl | Industrials | 5.17 | 10.16 | 1 |
GRT.UN | Granite REIT | Real Estate | 4.76 | 35.19 | 1 |
SJ | Stella-Jones | Basic Materials | 4.30 | 13.45 | 1 |
ACO.X | Atco | Utilities | 4.27 | 10.01 | 1 |
PBH | Premium Brands | Consumer Defensive | 3.99 | 36.23 | 1 |
EQB | Equitable Group | Financial Services | 3.21 | 6.87 | 1 |
CCA | Cogeco Cable | Communication Services | 2.74 | 7.19 | 1 |
CWB | Canadian Western Bank | Financial Services | 2.71 | 8.51 | 1 |
FN | First National Financial | Financial Services | 2.19 | 8.79 | 1 |
IIP.UN | InterRent REIT | Real Estate | 2.05 | 22.41 | 1 |
ENGH | Enghouse Systems | Technology | 1.92 | 26.55 | 1 |
NWC | The North West Company | Consumer Defensive | 1.88 | 14.86 | 1 |
CRT.UN | CT REIT | Real Estate | 1.54 | 43.93 | 1 |
ADEN | ADENTRA | Industrials | 0.80 | 14.78 | 1 |
HDI | Hardwoods Distribution | Industrials | 0.62 | 3.20 | 1 |
TCS | Tecsys | Technology | 0.56 | 278.12 | 1 |
CGO | Cogeco | Communication Services | 0.46 | 14.18 | 1 |
XTC | Exco Technologies | Consumer Cyclical | 0.29 | 10.43 | 1 |
FCD.UN | Firm Capital Property Trust | Real Estate | 0.18 | 10.07 | 1 |