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Bank of Montreal has paid dividends without interruption for 197 years and recently hiked its quarterly dividend by 5%.
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Hydro One has increased its dividend by approximately 5% annually between 2016 and 2022, with growth accelerating to roughly 6% in recent years.
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TC Energy is a reliable dividend grower, having increased its payout for 26 consecutive years, with 98% of its EBITDA generated from regulated assets or long-term contracts.
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Fortis has increased its dividend for 52 consecutive years and plans to invest $28.8 billion over five years in regulated utility assets.
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Enbridge has a history of distributing dividends for over 70 years and has raised its payout annually since 1995, with a target payout ratio of 60u201370% of DCF.
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Canadian National Railway has increased its quarterly dividend by 3%, marking 30 consecutive years of dividend growth.