Canadian Dividends
In the last few years, Canadian firms have consistently increased dividend payments
“There are more of these dividend increases than there were a year or two years ago,” said Mario Richard, senior portfolio strategist at Sceptre Investment Counsel.
“They have a lot of free cash flow to be available for investments or to return to shareholders, so that’s definitely a trend that’s picking up.”
“There’s definitely a desire among investors to get more of their return up front in the form of a dividend,” said Lou Taylor of Deutsche Bank Equity Research.
Dividend announcements this last week have been quite positive.