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CPWPF - Canadian All-Star Stocks: Dividend Increases - Week Of June 8
Capital Power Corp - FXDFR PRF PERPETUAL CAD 25 - Ser 5
Welcome back! It has been a little while since my last update. The pace of dividend growth has slowed in a big way. On the bright side, dividend cuts have also slowed considerably. The number of Canadian Dividend All-Stars which have cut or suspended the dividend remains 11, and there appears to be no immediate danger of future dividend cuts.
Worth noting, A&W Royalties Income Fund (AWRRF)[TSX:AW.UN] is the first of these to re-instate a previously suspended dividend. In early July, the company announced it would resume paying the monthly dividend. Unfortunately, at