Canadian Dividend All-Stars Expected To Announce Dividend Increases - Week Of Aug 8-11

The TSX was closed on Monday for the civic holiday and I hope my fellow Canadians enjoyed some well deserved R&R. Despite the short week, it will be busy as 19 Canadian Dividend All-Stars are scheduled to report earnings. Of those due to report, only one is expected to announce a dividend increase while several are questionable. Before we get to this week, let's take a look at last week's results.
LAST WEEK - RESULTS Last week, despite the high number of All-Stars reporting earnings, only Saputo (OTCPK: SAPIF) [TSE:SAP] was expected to raise dividends and they delivered as expected.
As discussed last week, Saputo currently has a very specific dividend payout ratio at 30% of earnings. With the company already exceeding this percentage, it was evident that the company would only raise their dividend slightly. Unless the company grows earnings in the double digits or if they don't change their dividend policy, it appears as though their historical double digit dividend growth is at an end.
EXPECTED INCREASES CAE Inc. (CAE) [TSE: CAE] - Current Streak - 5 YRS, Current Yield - 6.14%
Earnings Release Date: Thursday, August 10
CAE Inc. provides training for the civil aviation, defense and security, and healthcare markets. The company designs and integrates training solutions and it operates through three segments: Civil Aviation Training Solutions, Defense and Security, and Healthcare. The company has an inconsistent record when it comes to announcing a... Read more