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TAP - Canadian All-Star Stocks: Dividend Increases - Week Of June 8
Molson Coors Brewing Company Class B
We are in the tail end of the most recent earnings season, and dividend growth has been virtually non-existent - at least here in Canada.
Since the last update, Canada's banks reported earnings. Typically, it would have resulted in dividend raises from the Bank of Montreal (BMO) [TSX:BMO] and the National Bank of Canada (NTIOF) [TSX:NA].
Although the lack of a raise may have disappointed investors, it was expected. At the height of the pandemic, the Office of the Superintendent of Financial Institutions ("OSFI") requested that the banks not raise dividends