5 new Canadian Dividend Aristocrats announced for 2023
On January 24, 2023, S&P Dow Jones Indices announced its annual index changes for the Canadian Dividend Aristocrats Index. Five new companies are added and seven companies will be deleted.
Earlier on we reported about the 3 new US Dividend Aristocrats for 2023 that were announced by index composer S&P Dow Jones Indices, part of Dividend Aristocrat S&P Global (that just announced its own 50th consecutive year of dividend increases).
For Canada, a country with about 10 true Dividend Aristocrats (with 25 or more consecutive years of dividend growth) S&P also announced its index changes for 2023 with more stocks being deleted than added, which actually displays that there aren't as many eligable Aristocrats compared to leading country The United States.
Anyway, S&P did its index review and will add the five stocks below to its Canadian Dividend Aristocrats Index on February 1, 2023.
NEW CANADA DIVIDEND ARISTOCRATS
- Hydro One Limited
- Minto Apartment REIT
- Tourmaline Oil
- Waste Connections
- Algonquin Power & Utilities
- Innergex Renewable Energy
- Onex Corp
- Slate Grocery REIT
- SmartCentres REIT