I have something like 54 dividend paying stocks in my portfolio. It is not as bad as it sounds, my top 5 stocks are 30% of my portfolio and my top 20 are 75%. I am putting any new money into new stocks and buying some dividend paying small caps and such.
Anyway, what I wanted to point out is that in July and August of this year, no stock I had raised their dividends. This is very unusual for my portfolio. I had two stocks raise their dividends in September (Calian Technologies Ltd (TSX-CTY) and Saputo Inc. (TSX-SAP). October was better with dividend raises from AltaGas Ltd. (TSX-ALA), BCE (TSX-BCE), TECSYS (TSX-0TCS), and Toronto Dominion Bank (TSX-TD).
The thing is, is that I think that my 5 year median dividend increase is coming down. It used to be 12% to 15% per year. Last year my 5 year median dividend increase was 11%. Currently it is running at 9%.
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