Canadian Dividend Achievers: Find Strong Core Holdings

Dividend Achievers are dividend growth stocks with at least 10 years of dividend growth behind them. It’s the first step in building your master stock list and finding solid dividend growth stocks.

On the US stock market, there are three groups distinctly tracked:

• Dividend Kings with 50+ years of dividend growth
• Dividend Aristocrats with 25+ years of dividend growth
• Dividend Achievers with 10+ years of dividend growth

The primary criterion to be on any of those lists is increasing dividends annually. The amount of growth is not important with the filter to be included. One cent will keep you going and that’s why you want to look into the companies further after they make it onto these lists. Your screener needs to be able to identify achievers, otherwise you are already behind in your investing journey.

On the Canadian front, there is only one list officially tracked but I intend to show who is a Canadian Dividend Achiever.

• Canadian Dividend Achievers with 10+ years of dividend growth
• Canadian Dividend Aristocrats with 5+ years of dividend growth

Note that you can’t access such dividend data points without a specialized stock screener such as Dividend Snapshot Screeners.

Strategy with Dividend Achievers

When investing, you have to narrow down your choice to one stock before making a purchase. The best investors, such as Warren Buffett, have a process for selecting stocks. These lists can be your first step in narrowing down the best stocks for your portfolio.

1. Have clear investing rules – see my 31 Investing Rules
2. Make a list of stocks matching your investing criteria
   • Don’t go to narrow at first, otherwise, you can miss an opportunity
   • See the Dividend Snapshot Screeners
3. Identify what your portfolio needs
   • How many stocks do you hold? Are you building an index?
4. Pick a few options
5. Research the few options further to select one

Canadian Dividend Achiever Stocks

Below is the list of all the Canadian Dividend Achievers stocks. That’s more than half the Canadian Dividend Aristocrats list and just a little more than the 10-10 stock list.

It’s very rare to see an Achiever paying monthly dividends, which should show you how to separate stocks into groups.

By Sector

All Constituents