Updated January 29, 2019
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 a 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 criteria to be on any of those lists is increasing dividend 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.
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
Use the List to Select Stocks
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 list can be your first step in narrowing down your selection.
- Have clear investing rules – see my 7 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 Canadian Dividend Performance List
- 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 Achievers
Below is the list of all the Canadian Dividend Achievers stocks. That’s more than half the Dividend Aristocrats list and just a little more than the 10-10 stock list.
- Boyd Group Income Fund TSE:BYD.UN
- CCL Industries Inc. TSE:CCL.B
- High Liner Foods TSE:HLF
- Transcontinental Inc TSE:TCL.A
- Thompson Reuters TSE:TRINYSE:TRI
- Exco Technologies Limited TSE:XTC
- Lassonde Industries TSE:LAS.A
- Andrew Peller Ltd. TSE:ADW.A
- Empire Co TSE:EMP.A
- Metro TSE:MRU
- Saputo TSE:SAP
- Canadian Natural ResourcesTSE:CNQNYSE:CNQ
- Enbridge TSE:ENBNYSE:ENB
- Imperial Oil TSE:IMONYSE:IMO
- Suncor TSE:SUNYSE:SU
- Transcanada Pipelines TSE:TRPNYSE:TRP
- Canadian National Railway TSE:CNRNYSE:CNI
- Finning Intl Inc TSE:FTT
- Ritchie Bros Auctioneers IncTSE:RBANYSE:RBA
- Toromont TSE:TIH
- SNC – LAVALIN GROUP INC. TSE:SNC
- Enghouse Systems Limited TSE:ENGH
DISCLOSURE: Please note that I may have a position in one or many of the holdings listed. For a complete list of my holdings, please see my Dividend Portfolio.