Wednesday, February 25, 2009

Cable TV & Coffee

Yes, some firms are still raising dividends and it is up to me to keep DIV-Net readers informed. Despite the economic crisis, Rogers Communications (RCI.B) and Tim Hortons (THI) are still getting paid and ensuring that their shareholders are getting paid.

Rogers Communications, which is actually part of my Future of Canadian Dividend Growth series hiked their dividend by 16%. The stock now yields about 3.8%. Rogers is well positioned to grow their dividend in the years to come.

Tim Hortons, the iconic Canadian Coffee and Doughnut chain, raised their dividend by 11% and now yields about 1.3%. I also like Tim Horton's prospects for dividend growth going forward.

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