1.Alimentation Couche-Tard Inc.
ATD.TO (TSX)
Alimentation Couche-Tard Inc. (ATD.TO) stands out as a top-rated dividend aristocrat, boasting 14 years of dividend growth and a strong yield of 1.09%. While the stock has experienced a slight dip of 0.05% in the past year, its impressive 5-year return of nearly 82% showcases its long-term potential. Analysts are optimistic, with a target price suggesting an upside of about 14.74% from its current trading level.
Pros:
- Dividend aristocrat with 14 years of growth
- Strong revenue growth
Cons:
- Recent negative YTD return
- Market volatility risk
2.Great-West Lifeco Inc.
GWO.TO (TSX)
Great-West Lifeco Inc. (GWO.TO) stands out as a reliable investment choice, boasting a dividend yield of approximately 3.88% and impressive 1-year and 5-year returns of 46.11% and 118.43%, respectively. Recognized as a dividend aristocrat, the company has plans for a 10% dividend increase in 2024, making it an attractive option for investors seeking consistent income from financially healthy companies. Analysts maintain a "Moderate Buy" consensus, indicating confidence in GWO's performance amid potential risks from economic fluctuations and interest rate changes.
Pros:
- Strong dividend growth
- Outperforming TSX
Cons:
- Interest rate sensitivity
- Economic growth dependency
3.National Bank of Canada
NA.TO (TSX)
National Bank of Canada (NA.TO) stands out as a top Canadian dividend growth stock, boasting a 2.71% yield and a remarkable 14 years of consistent dividend growth. Over the past year, the stock has returned an impressive 30.94%, and its five-year return of 134.23% underscores its strong performance metrics. Analysts currently maintain a "Hold" rating, reflecting a balanced outlook on the bank's future prospects.
Pros:
- Strong dividend growth history
- Positive 1-year and 5-year returns
Cons:
- Consensus rating of 'Hold'
- Potential market risks
4.iShares S&P/TSX Canadian Dividend Aristocrats Index ETF
CDZ.TO (TSX)
The iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ.TO) is an attractive option for investors seeking exposure to dividend-growth stocks from financially healthy Canadian companies. With a robust dividend yield of 3.33% and impressive returns of 13.95% over the past year and 46.24% over five years, the ETF recently reached a 52-week high of C$41.60, reflecting positive market sentiment. The fund's focus on consistent payouts positions it well for long-term growth, with analysts projecting a price target of C$44.72, suggesting further upside potential.
Pros:
- Diversified exposure to high-quality Canadian dividend-paying companies
- Strong historical performance
Cons:
- Recent negative YTD return
- Market volatility risk
5.goeasy Ltd.
GSY.TO (TSX)
With a dividend yield of approximately 4.48%, goeasy Ltd. stands out as a member of the S&P/TSX Canadian Dividend Aristocrats Index, reflecting its commitment to delivering consistent income. Despite facing a 19.62% decline over the past year, the stock has shown impressive 5-year growth of 42.47%, and analysts project a potential upside of 49.32% from its current price of C$133.92. This positions goeasy as an attractive option for investors seeking long-term recovery and growth, particularly for those with a higher risk tolerance.
Pros:
- S&P/TSX Canadian Dividend Aristocrats Index member
- Strong historical growth since 2021
Cons:
- Significant drop from recent highs
- Negative 1-year return
Final Words
As you consider the best dividend aristocrats in Canada this January 2026, remember to evaluate your investment options carefully. Take time to compare the highlighted companies and conduct thorough research to identify the best fit for your portfolio.
Frequently Asked Questions
Alimentation Couche-Tard Inc. operates and licenses convenience stores, offering a variety of products including groceries, snacks, beverages, and fuel. They operate under multiple brands like Circle K and Couche-Tard, with a significant presence in North America and internationally.
Alimentation Couche-Tard Inc. has a dividend yield of 1.04%. The company has a history of 14 years of dividend growth, indicating a commitment to returning value to shareholders.
Over the last five years, Alimentation Couche-Tard Inc. has achieved a remarkable 81.89% return. This performance reflects the company's strong revenue growth and effective business strategies.
Alimentation Couche-Tard Inc. has shown consistent growth, with a 10-year return of 146.19%. However, individual investment decisions should consider personal financial goals and market conditions.
When investing in dividend aristocrats, consider the company's history of dividend growth, payout ratio, and overall financial health. Additionally, evaluate market conditions and the sector's performance to make informed decisions.
Alimentation Couche-Tard Inc. distributes dividends quarterly. This regular payout schedule allows investors to receive income at consistent intervals throughout the year.


