John Heinzl of the Globe&Mail writes on the recent revisions made to the S&P/TSX Canadian Dividend Aristocrats index after losing 15 names from the list of companies to consecutively raise their dividends. Some notable deletions?; CIBC, BMO, Royal Bank, Sunlife and Manulife Financial.
"After a year in which some high-profile companies slashed their dividends and many others failed to increase their payments as they dug in for the recession, the S&P/TSX Canadian Dividend Aristocrats index is losing 15 members - including most of the banks - and gaining just one."
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