Third-quarter earnings season kicked off with a bang for our Canadian Watchlist this week!
Waste Connections surged 10% after yesterday’s earnings report and, fittingly, announced a 10% dividend increase. A perfect example of earnings growth and dividend growth working together.
And there’s reason for optimism. 22 of the 26 companies on our Canadian Watchlist are expected to report higher Q3 2026 earnings than a year ago.
That’s exactly what we look for in quality dividend-growth companies. Growing earnings support growing dividends, and growing dividends help drive long-term share prices.
Dividends lead. Prices follow.
Follow our weekly newsletter for concise earnings analysis, key developments, and investor takeaways as companies report their quarterly results.
Paid subscribers get the bigger picture. Beyond our weekly earnings commentary, you’ll have access to our Earnings Calendar, your one-stop resource for tracking results across our watchlists. Updated weekly throughout earnings season, it brings together the latest reported results, making it easier to spot earnings trends, identify potential opportunities, and stay informed about the companies you own or follow.
Some companies on The List operate on non-calendar fiscal years. Their latest off-cycle earnings results appear at the top of the Earnings Calendar, above the solid dividing line, for easy reference.
Summary
Benjamin Graham once observed that “earnings are the principal factor driving stock prices.”
For dividend-growth investors, earnings matter for another important reason: growing earnings provide the foundation for growing dividends. Consistent earnings growth helps sustain dividend increases and, over time, supports higher share prices.
That’s why monitoring earnings is essential to our dividend-growth investing process.
Our Earnings Calendar (below) organizes companies on The List by reporting date and shows both market consensus earnings estimates and actual reported results. This makes it easy to track performance, compare results with the previous year, and identify emerging trends.
Numbers in red highlight earnings below the same quarter last year, helping readers quickly spot potential signs of weakness that may warrant closer attention.
