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FTS - Canadian Dividend All-Stars Expected To Announce Dividend Increases
Fortis Inc.
September is typically one of the slowest months for Canadian Dividend All Stars. Last year, there was only one All-Star that raised dividends in September. Last week, however, we saw two Canadian Dividend All-Stars raise dividends. Although the dividend raises themselves were no surprise, it was the timing that was unexpected.
Looking forward, there are no more All Stars expected to announce a dividend raise until October. With that in mind, let's recap what has transpired over the past few weeks. Of note, all figures are in Canadian dollars unless otherwise noted.