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Dividend Stocks: 4 Canadian names the article mentions for long-term income
Summary
The article lists four Canadian TSX companies — Canadian Utilities, Fortis, TC Energy and Bank of Montreal — and reports their long records of dividend increases along with planned investments or guidance the article says may support future payouts.
Content
The article presents four Canadian dividend stocks the author identifies as having enduring payout histories. It focuses on companies listed on the Toronto Stock Exchange with long records of dividend increases. The write-up emphasizes resilient business models, predictable cash flows and sustainable payout ratios. The article notes planned investments and company guidance that it reports may support future dividends.
Noted details:
- The article mentions Canadian Utilities and reports it has raised its dividend for 53 consecutive years and plans approximately $6.1 billion in regulated utility investments from 2025 to 2027.
- The article mentions Fortis and reports it has raised its dividend for 52 consecutive years, cites a $28.8 billion capital plan, and notes management guidance for annual dividend increases of 4% to 6% through 2030.
- The article mentions TC Energy and reports it has increased its dividend for 25 consecutive years, states about 98% of its EBITDA comes from regulated assets or take-or-pay contracts, and notes a company target of long-term dividend growth of 3% to 5%.
- The article mentions Bank of Montreal and reports the bank has paid dividends for 197 consecutive years and that its dividend grew by an average of about 5.7% per year over the past 15 years.
Summary:
The article frames these four TSX-listed companies as having long dividend histories and business structures the article says support predictable payouts. It highlights planned capital spending and company guidance as factors the article reports could influence future dividends.
