Canadian Dividend All-Star List (CDASL)

The Canadian Dividend All-Star List (CDASL) is an excel spreadsheet with a lot of stock information on Canadian companies that have increased their dividend for 5 or more calendar years in a row. It’s a valuable resource that is typically used as a starting point to identify and screen Canadian dividend growth stocks. The list has been updated monthly since early 2013 and it has come to be one of the most popular parts of the Dividend Growth Investing & Retirement website.

I’ve included an older version of the list available as a direct download below so that you can get a better sense of what the Canadian Dividend All-Star List is. Hopefully, this sample gives you a better idea of just how much useful information there is in the Canadian Dividend All-Star List and you decide to subscribe above for the most recent version.

IMPORTANT CLARIFICATION: Sometimes there is confusion with readers thinking that this list contains my stock recommendations. This is not true. I created the list as an information source for dividend investors. The criteria to be on the list is based on the number of years the dividend has increased, it is not based on whether I think the stock is a good investment. Think of this list as a good starting point if you are looking for potential Canadian dividend growth candidates, not my personal stock recommendations.

I’ve also included a Google Docs list of all the companies in the list with their streak length, but the excel spreadsheets provided by subscribing above have a lot more information like the dividend yield, average highest yield for 3, 5 and 10 years, the past 10 years worth of dividends, and lots of other stock information.

How and why the Canadian Dividend All-Star List was created

Prior to starting this blog, I did some research on how to make a blog and what I took away as the most important piece in creating a successful blog was to provide valuable content to your readers. Now you may be thinking, well obviously! And while this may seem obvious, it can be hard to put into practice on a regular basis. One way I plan to provide valuable content to my readers is by creating the Canadian Dividend All-Star List and updating it monthly.

I read a lot of different finance blogs on a regular basis, and it took me a while to figure out how I was going to differentiate myself. After a month or so, I came up with the idea to provide the Canadian Dividend All-Star List. When I screen US dividend-paying companies I use David Fish’s US Dividend Champions excel file. The file contains over 10 years of dividend history for companies that have raised their dividend for more than 5, 10 and 25 years in a row as well as regular stock information (share price, P/E, EPS, P/B, etc). This file is incredibly useful, especially when starting to screen for stocks. [David Fish’s US Dividend Champions List can be downloaded here.] Until February 2013 there was no Canadian equivalent. Enter the Canadian Dividend All-Star List. The Canadian Dividend All-Star List is comprised of Canadian companies that have increased their dividend for 5 or more calendar years in a row. I used the dividend record date to determine the length of streaks.

With limited spare time, it took me about a month to compile all the data. There is no quick or easy way to get the annual dividend history for more than a decade for what started with 43 companies. Now that I have this information it should be less time consuming to update the file. I plan on updating the file on a monthly basis. A new version should come out at the beginning of each month.

It is my hope that you find the Canadian Dividend All-Star List useful and it helps you with your dividend growth strategy. While I certainly don’t expect donations, I do appreciate them. To create and update this file takes a lot of time and effort, so donations are always welcome. You can use the donate button below or the Donation page.









Disclaimers

Now for a few disclaimers, the first of which will be the accuracy of the information. While I have tried my best to provide accurate information, I am subject to human error. Finding the dividend history to four decimal places can be difficult when looking at older payments and considering splits and rounding. The file contains a mix of information pulled from Yahoo! Finance and data I entered manually. Data entered by myself has come primarily from the company’s investor relations website or their annual reports. The annual reports were taken from the company website or www.sedar.com. In the few instances where I was unable to find the dividend history from the company website or the annual report, I used TMX, Yahoo! Finance, Morningstar or Google Finance and compared the information. Some of the stock information is pulled directly from various sources, and while I am assuming it to be correct, I have not confirmed this. As you can see I have tried to provide accurate information, but I cannot guarantee the accuracy of the information. You have been warned.

Now for the second disclaimer: The intended use of the Canadian Dividend All-Star List. I am happy to share this information to as many individual investors as possible for free, but this list is not intended to be used for commercial use unless you have received written permission by me.

If you have any suggestions on how to improve the Canadian Dividend All-Star List, please don’t hesitate to contact me or leave a comment on this page.