Saturday, February 04, 2006

Mergent Index Updates

Mergent recently updated a number of their Dividend Achievers Indices, including their Canadian index.

Out is the West Fraser Timber Co.

In are Canadian Western Bank (CWB), First Capital Realty Inc. (FCR), H & R Real Estate Investment Trust (HR UN), Industrial Alliance Insurance and Financial Services Inc. (IAG), Legg Mason Canada Holding Ltd. (LMI), Manulife Financial Corp. (MFC), SNC - Lavalin Group Inc. (SNC) and Sun Life Financial Inc. (SLF).

Have a look at the full press release, including changes to their US indices.

It's good to see more Canadian companies making the cut. Also, not only is Manulife now on the index, but it recently announced a dividend reinvestment program.

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Disclaimer: These articles are for information only, and are not to be construed as financial advice, legal advice, or a solicitation to buy or sell securities.