Dividend Information

Dividend Page

Dividend Information

A History of Consistent Dividend Payments

Our company is a long-standing member of the S&P/TSX Canadian Dividend Aristocrats® Index, which is reserved for securities that, among other eligibility criteria, have increased their ordinary cash dividends every year for at least five years and have a float-adjusted market capitalization of at least $300 million. Our company was listed on the Toronto Stock Exchange in 1968 and has paid a dividend every year since. We pay quarterly. Unless stated otherwise, all dividends paid are designated as "eligible dividends" for the purposes of the Income Tax Act of Canada.

Fiscal Year:

All Years

Cash Dividends All Years
Declared Record Payable Amount Type
0.35 Canadian funds; 15% non-res tax
0.35 Canadian funds; 15% non-res tax
0.35 Canadian funds; 15% non-res tax
0.31 Canadian funds; 15% non-res tax
Total dividends in 2021:     1.36  
0.31 Canadian funds; 15% non-res tax
0.31 Canadian funds; 15% non-res tax
0.31 Canadian funds; 15% non-res tax
0.31 Canadian funds; 15% non-res tax
Total dividends in 2020:     1.24  
0.27 Canadian funds; 15% non-res tax
0.27 Canadian funds; 15% non-res tax
0.27 Canadian funds; 15% non-res tax
0.27 Canadian funds; 15% non-res tax
Total dividends in 2019:     1.08  
0.23 Canadian funds; 15% non-res tax
0.23 Canadian funds; 15% non-res tax
0.23 Canadian funds; 15% non-res tax
0.23 Canadian funds; 15% non-res tax
Total dividends in 2018:     0.92  
0.19 Canadian funds; 15% non-res tax
0.19 Canadian funds; 15% non-res tax
0.19 Canadian funds; 15% non-res tax
0.19 Canadian funds; 15% non-res tax
Total dividends in 2017:     0.76  
0.18 Canadian funds; 15% non-res tax
0.18 Canadian funds; 15% non-res tax
0.18 Canadian funds; 15% non-res tax
0.18 Canadian funds; 15% non-res tax
Total dividends in 2016:     0.72  
0.17 Canadian funds; 15% non-res tax
0.17 Canadian funds; 15% non-res tax
0.17 Canadian funds; 15% non-res tax
0.17 Canadian funds; 15% non-res tax
Total dividends in 2015:     0.68  
0.15 Canadian funds; 15% non-res tax
0.15 Canadian funds; 15% non-res tax
0.15 Canadian funds; 15% non-res tax
0.15 Canadian funds; 15% non-res tax
Total dividends in 2014:     0.60  
0.13 Canadian funds; 15% non-res tax
0.13 Canadian funds; 15% non-res tax
0.13 Canadian funds; 15% non-res tax
0.13 Canadian funds; 15% non-res tax
Total dividends in 2013:     0.52  
0.12 Canadian funds; 15% non-res tax
0.12 Canadian funds; 15% non-res tax
0.12 Canadian funds; 15% non-res tax
0.12 Canadian funds; 15% non-res tax
Total dividends in 2012:     0.48  
0.11 Canadian funds; 15% non-res tax
0.11 Canadian funds; 15% non-res tax
0.10 Canadian funds; 15% non-res tax
1.00 Spin-off (in shares of another issue)
        Spin-off (in shares of another issue)
0.09024 Canadian funds; 15% non-res tax
Total dividends in 2011:     1.41024  
0.09024 Canadian funds; 15% non-res tax
0.09024 Canadian funds; 15% non-res tax
0.0846 Canadian funds; 15% non-res tax
0.0846 Canadian funds; 15% non-res tax
Total dividends in 2010:     0.34968  
0.0846 Canadian funds; 15% non-res tax
0.0846 Canadian funds; 15% non-res tax
0.0846 Canadian funds; 15% non-res tax
0.0846 Canadian funds; 15% non-res tax
Total dividends in 2009:     0.3384  
0.07896 Canadian funds; 15% non-res tax
0.07896 Canadian funds; 15% non-res tax
0.07896 Canadian funds; 15% non-res tax
0.07896 Canadian funds; 15% non-res tax
Total dividends in 2008:     0.31584  
0.06768 Canadian funds; 15% non-res tax
0.06768 Canadian funds; 15% non-res tax
0.06768 Canadian funds; 15% non-res tax
0.06768 Canadian funds; 15% non-res tax
Total dividends in 2007:     0.27072  
0.0564 Canadian funds; 15% non-res tax
0.0564 Canadian funds; 15% non-res tax
0.0564 Canadian funds; 15% non-res tax
0.0564 Canadian funds; 15% non-res tax
Total dividends in 2006:     0.2256  
0.04512 Canadian funds; 15% non-res tax
0.04512 Canadian funds; 15% non-res tax
0.04512 Canadian funds; 15% non-res tax
0.04512 Canadian funds; 15% non-res tax
Total dividends in 2005:     0.18048  
0.03666 Canadian funds; 15% non-res tax
0.03666 Canadian funds; 15% non-res tax
0.03666 Initial Can. div;inc. shares;15% non-res
        Stock dividend
1.00 Stock dividend
0.03666 Canadian funds; 15% non-res tax
Total dividends in 2004:     1.14664  
0.03102 Canadian funds; 15% non-res tax
0.03102 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
Total dividends in 2003:     0.11844  
0.02538 Canadian funds; 15% non-res tax
0.02538 Canadian funds; 15% non-res tax
0.02538 Canadian funds; 15% non-res tax
0.02538 Canadian funds; 15% non-res tax
Total dividends in 2002:     0.10152  
0.02397 Canadian funds; 15% non-res tax
0.02397 Canadian funds; 15% non-res tax
0.02397 Canadian funds; 15% non-res tax
0.02397 Canadian funds; 15% non-res tax
Total dividends in 2001:     0.09588  
0.02256 Canadian funds; 15% non-res tax
0.02256 Canadian funds; 15% non-res tax
0.02256 Canadian funds; 15% non-res tax
0.02256 Canadian funds; 15% non-res tax
Total dividends in 2000:     0.09024  
0.01974 Canadian funds; 15% non-res tax
0.01974 Canadian funds; 15% non-res tax
0.01974 Canadian funds; 15% non-res tax
0.01974 Canadian funds; 15% non-res tax
Total dividends in 1999:     0.07896  
0.01833 Canadian funds; 15% non-res tax
0.01833 Canadian funds; 15% non-res tax
0.03666 Canadian funds; 15% non-res tax
1.00 Stock split
        Stock split
0.03666 Canadian funds; 15% non-res tax
Total dividends in 1998:     1.10998  
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
Total dividends in 1997:     0.1128  
0.02115 Canadian funds; 15% non-res tax
0.02115 Canadian funds; 15% non-res tax
0.02115 Canadian funds; 15% non-res tax
1.00 Stock split
        Stock split
0.0423 Canadian funds; 15% non-res tax
Total dividends in 1996:     1.10575  
0.03666 Canadian funds; 15% non-res tax
0.03666 Canadian funds; 15% non-res tax
0.03666 Canadian funds; 15% non-res tax
0.03666 Canadian funds; 15% non-res tax
Total dividends in 1995:     0.14664  
0.02256 Canadian funds; 15% non-res tax
0.02256 Canadian funds; 15% non-res tax
0.02256 Initial Can. div;inc. shares;15% non-res
        Stock split
1.00 Stock split
0.04512 Canadian funds; 15% non-res tax
Total dividends in 1994:     1.1128  
0.03666 Canadian funds; 15% non-res tax
0.03666 Canadian funds; 15% non-res tax
0.03666 Canadian funds; 15% non-res tax
0.03384 Canadian funds; 15% non-res tax
Total dividends in 1993:     0.14382  
0.03384 Canadian funds; 15% non-res tax
0.03384 Canadian funds; 15% non-res tax
0.03384 Canadian funds; 15% non-res tax
0.03102 Canadian funds; 15% non-res tax
0.141 Special pmt;Canada; 15% non-res tax
Total dividends in 1992:     0.27354  
0.03102 Canadian funds; 15% non-res tax
0.03102 Announce past record;Can curr 15% tax
0.03102 Canadian funds; 15% non-res tax
0.03102 Announce past record;Can curr 15% tax
Total dividends in 1991:     0.12408  
0.03102 Canadian funds; 15% non-res tax
0.03102 Canadian funds; 15% non-res tax
0.03102 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
Total dividends in 1990:     0.12126  
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
Total dividends in 1989:     0.1128  
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
Total dividends in 1988:     0.1128  
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
Total dividends in 1987:     0.1128  
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
Total dividends in 1986:     0.1128  
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
Total dividends in 1985:     0.1128  
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
Total dividends in 1984:     0.1128  
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
Total dividends in 1983:     0.1128  
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
Total dividends in 1982:     0.1128  
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
0.02256 Canadian funds; 15% non-res tax
0.02256 Canadian funds; 15% non-res tax
Total dividends in 1981:     0.10152  
0.02256 Canadian funds; 15% non-res tax
0.02256 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
Total dividends in 1980:     0.07332  
0.0282 Canadian funds; 15% non-res tax
0.0282 Canadian funds; 15% non-res tax
Total dividends in 1979:     0.0564  
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