Since the selloff in March, the TSX Index has rattled off three consecutive months of gains. Along with this steady uptrend, the pace of dividend cuts is also beginning to slow. This is good news, and perhaps a sign that the uncertainty is beginning to fade.
That being said, the pace of dividend increases is also stagnant. Over the past couple of months, there have been very few companies which have announced a dividend raise. This includes Canadian Dividend All-Stars.
In May, I analyzed the recent dividend cutters and their performance relative to their