The Globe and Mail attempts to identify Canada's biggest dividend
payers in its Thursday, July 17, edition. The Globe's Craig McGee writes in the Number Cruncher column that he employed the services of Morningstar CPMS to help find stocks
with the highest value of expected
total dividends to be paid in
the next four quarters. His picks had to have positive expected year-over-year dividend
growth. Mr. Reese excluded income trusts due
to the varying nature of the
classification of their distributions. Over the past year, Mr. Reese's investing strategy actually lagged the market,
generating a total return of 24.5
per cent versus 28.7 per cent for
the S&P/TSX Composite Total
Return Index.
Over a 30-year period, however, Mr. Reese's defensive approach would
have posted an annualized return
of 13.1 per cent, soundly outperforming
the index, which came
in at 8.7 per cent.
Mr. Reese advises investors to do
their own research before investing
in any of his picks.
Mr. Reese's leading dividend stocks are Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, BCE, TransCanada and Suncor Energy.
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