This is a weekly post on Canadian stocks that have dividend increases. Companies that pay rising dividends are likely to be financially healthy and generate consistent cash flow.



Bank of Montreal (TSX:BMO) , +3.33% dividend increase

Bank of Montreal has declared quarterly dividend of C$0.93 (+3.33% increase). It goes ex-dividend on Jan-31-2018 and is payable on Feb-27-2018. Annualized dividend is C$3.72 at a yield of 3.70%.



6 star dividend payer with excellent balance sheet





Laurentian Bank of Canada (TSX:LB) , +1.61% dividend increase

Laurentian Bank of Canada has declared quarterly dividend of C$0.63 (+1.61% increase). It goes ex-dividend on Dec-29-2017 and is payable on Feb-01-2018. Annualized dividend is C$2.52 at a yield of 4.56%.



6 star dividend payer and good value



