TSX:SGR.UN - Post by User
Comment by
CanSiamCypon Feb 05, 2022 12:16pm
187 Views
Post# 34400991
RE:Added to the Canadian Dividend Aristocrats Index
RE:Added to the Canadian Dividend Aristocrats IndexThis is good news on several fronts:
- will increase demand for units to fulfill requirements in ETFs that follow this index such as CDZ
- will act as a disincentive for management to ever consider a cut - no matter how minor - to the monthly distribution
- will act as an incentive for them to restore annual increases to the distribution - to maintain their membership in this "exclusive" club
Cheers!