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Here Are Dividend Kings of Canada You've Been Looking for

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Moomoo News Canada wrote a column · Mar 8 07:33
In the realm of investing, excitement is often equated with risk, and risk with reward. Yet, the investment philosophies of legends like Buffett and Charlie Munger remind us that the true thrill of investing should not resemble a gamble. Instead, they extol the value of steady stock appreciation and the sweet sound of dividends hitting the accounts.
In the US stock market, 'Dividend Kings' are distinguished as a group of companies that have consistently raised their dividends for 50 years or more. North of the border, in the smaller Canadian market, ten standout firms emerge, each with impressive record of boosting dividends for at least a quarter of a century. These stalwarts are fittingly dubbed the Canadian Dividend Kings.
Here Are Dividend Kings of Canada You've Been Looking for
Source: Million Dollar Journey, As of Jan, 2024
Source: Million Dollar Journey, As of Jan, 2024
The long history of dividend growth for the following companies is a testament to a robust business model and resilient financial health. They have weathered economic storms, faced down recessions, and emerged with their commitment to shareholders unscathed
$Canadian Utilities Ltd(CU.CA)$ is a true king of dividends in every sense of the word, having maintained 51 years of consecutive dividend growth, with the latest yield at 5.83%. As a capital-intensive industry, borrowing costs are expected to gradually decline against the backdrop of falling interest rates in 2024 and 2025, which may result in higher profits for shareholders.
For investors keen to explore the promising landscape of dividend investing, moomoo offers an array of essential tools to inform and enhance investment strategies:
Here Are Dividend Kings of Canada You've Been Looking for
1. Stock Screener: The screnner efficiently filters through the Canadian market to pinpoint the companies offering the highest dividend yields. It can simplify the search for investors to identify the most attractive stocks for their dividend-focused portfolios.
2. Dividend History: With access to a detailed record of a company's dividend payments, investors can assess the sustainability and growth of dividends over time. This insight is crucial for evaluating the long-term viability of an investment.
3. Dividend Calendar: The calendar helps you plan and manage the dividend payouts with precision, and strategize on reinvestment opportunities to maximize portfolio's potential.
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Here Are Dividend Kings of Canada You've Been Looking for
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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