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 Agrium, Magna International, Canadian Utilities, Loblaw, Fortis and Emera.