The Montreal-based regional bank Laurentian Bank of Canada (LB) slashed its quarterly dividend, the first payout cut by a large Canadian lender in almost three decades. The dividend is reduced from 67 cents to 40 cents, a 40% reduction. Hence, Laurentian Bank of Canada will be deleted from the S&P/TSX Canadian Dividend Aristocrats Index. This…
S&P Dow Jones Indices announces the following index change to the S&P/TSX Canadian Dividend Aristocrats Index as a result of the monthly dividend review. The changes will be effective prior to the open of trading on Monday, June 1, 2020. The following Canadian dividend stocks will be removed from this index: Alaris Royalty Corp (AD)…
Here a changes to the S&P/TSX Canadian Dividend Aristocrats Index as announced by S&P Global. The following companies will no longer be part of the Canadian Dividend Aristocrats due to dividend cuts: (CAE) CAE Inc (EFX) Enerflex Ltd (IPL) Inter Pipeline Ltd (MTY) MTY Food Group Inc (NFI) NFI Group Inc (RCH) Richelieu Hardware Ltd…
