Best Dividend Aristocrats this March 2026 in Canada

Rogers Communications stands out as a top-rated telecom services firm, currently offering a robust dividend yield of 3.95% and an attractive annual payout of C$2 per share. Rated highly by Morningstar, the company is considered 22% undervalued, making it an appealing choice for investors seeking reliable income from financially healthy companies. Despite a slight decline in the five-year return, the stock has delivered impressive one-year returns of 37.47%, indicating strong potential for growth.

Rogers generated $1,652 million in cash from operating activities this quarter, up from $1,135 million last year, with free cash flow increasing to $1,016 million from $878 million.

Analysts forecast a price target of $36 for Rogers Communications in 2026, indicating no expected increase from the current stock price.

Rogers closed at $106.21, while its fair value is estimated at $124.33, suggesting it may be undervalued based on future earnings potential.

The iShares S&P/TSX Canadian Dividend Aristocrats Index ETF focuses on dividend-growth stocks from financially robust companies, offering investors a reliable income stream with a distribution yield of approximately 3.27%. With an impressive one-year return of 19.62% and a five-year return of nearly 50%, this ETF stands out as an attractive option for those seeking both income and growth potential. Analysts have a favorable outlook, with a consensus price target suggesting further upside, reinforcing its position as a solid investment choice.

CDZ is a solid fund with a 12-month trailing yield of approximately 3.45% and has delivered an annualized total return of about 10.21% over the past decade.

The average 12-month price target for CDZ is C$47.01, indicating a potential 7.10% increase from its current price of C$43.89, based on forecasts from 97 analysts.

Yes, Telus is considered one of the best dividend aristocrats.

The Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF targets companies that demonstrate strong environmental, social, and governance practices, making it an attractive option for investors seeking sustainable income. With a solid dividend yield of 2.92% and impressive returns of 15.66% over the past year and 41.92% over five years, this ETF is well-positioned for those looking to invest in financially healthy firms with consistent payouts. Its focus on dividend aristocrats ensures a reliable income stream, appealing to both income-focused and socially conscious investors.

Two of the best Canadian stocks to consider for long-term holding in your TFSA are goeasy (TSX:GSY) and Alimentation Couche-Tard (TSX:ATD) due to their significant growth potential.

The TSX Composite Index has averaged an annualized return of approximately 7.94% from November 30, 1971, to November 20, 2021.

Peyto Exploration & Development is an attractive option for investors seeking reliable income, offering a solid dividend yield of 4.99%. With a remarkable 1-year return of 74.28% and a strong 5-year return of 346.39%, the company demonstrates impressive performance backed by its industry-leading cost efficiency amid fluctuating commodity prices. Recognized by analysts with an A- rating, Peyto is noted for its resilience and potential growth, with a price target averaging C$25.40.

Peyto's dividend sustainability is closely linked to commodity prices, but its strong cost efficiency offers resilience compared to peers, supported by positive Canadian natural gas demand driven by LNG export growth.

The average 12-month price target for Peyto Exploration & Development is C$25.40, with estimates ranging from C$23.00 to C$27.00, indicating a potential decrease of 3.90% from the current price of C$26.43.

Peyto's Board has approved a 2026 capital budget of $450–$500 million, expected to increase production by 43,000 to 48,000 boe/d, offsetting a projected decline of 26% to 28% in base production.