10-24-2016, 02:52 PM
(This post was last modified: 10-24-2016, 02:52 PM by Roadmap2Retire.)
The first ever dividend paid in the US was by Citigroup ©, founded in 1812 and paid its first dividend in 1813. Unfortunately, Citigroup lost its dividend paying streak and the title for the longest consecutive dividend paying streak goes to York Water (YORW), which has been paying dividends since 1816 (a 200-year streak!).
In Canada, the oldest consecutive dividend paying company is Bank of Montreal (BMO), which has paid dividends since 1829, with The Bank of Nova Scotia (BNS) a close second that started paying dividends in 1832.
These companies have cut or frozen dividends in the past -- but have always issued a dividend to shareholders.
In Canada, the oldest consecutive dividend paying company is Bank of Montreal (BMO), which has paid dividends since 1829, with The Bank of Nova Scotia (BNS) a close second that started paying dividends in 1832.
These companies have cut or frozen dividends in the past -- but have always issued a dividend to shareholders.