National Bank Updated Dividend All-Stars Portfolio
The bank added three securities and removed one stock from its dividend-focused investment portfolio.
Updated on Oct. 10, 2026 in Investing
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National Bank released an update to its Dividend All-Stars portfolio on October 8, 2026. The portfolio adjustment saw three new securities added while Aura Minerals Inc. was removed.
Why it matters
The portfolio tracks companies that meet specific dividend yield criteria of approximately 5 per cent or higher. These selections aim to identify securities with a strong probability of sustainable or rising dividends and a positive outlook.
The portfolio delivered a 10.8 per cent total return compared to a 7.2 per cent rally in the S&P/TSX Composite Index during the H1 2026 tracking period. Over the last 14 years, the portfolio has achieved a 14.4 per cent average annual return, outperforming the index benchmark of 11.7 per cent.
The players
National Bank
National Bank is a major Canadian financial institution that manages investment portfolios and provides financial services.
Aura Minerals Inc.
Aura Minerals Inc. is a mining company that was removed from the Dividend All-Stars portfolio during the recent update.
The details
To qualify for the Dividend All-Stars list, securities must maintain a yield of roughly 5 per cent or greater. The selection process prioritizes companies that demonstrate a high probability of maintaining or increasing payouts alongside a positive market outlook.
Timeline
February 14, 2026: Portfolio performance tracking began.
October 7, 2026: Portfolio performance tracking concluded.
October 8, 2026: National Bank announced the portfolio update.
Market Dynamics
The Dividend All-Stars portfolio aims to outperform the S&P/TSX Composite Index through selective, high-yield asset allocation. This strategy mirrors broader trends in institutional wealth management where active managers seek to beat passive benchmark indices by focusing on sustainable corporate payouts.
Investors tracking this portfolio should note the removal of Aura Minerals Inc. and adjust their holdings accordingly. Those monitoring the list for future income potential should keep watch for the projected earnings growth of included firms like Brookfield Asset Management and MCAN Mortgage Corp.
The takeaway
Investors often use high-yield dividend lists to balance current income with long-term capital appreciation. Maintaining a diversified selection of companies with sustainable payouts remains a core pillar for those seeking to outperform broad market indices.
Further reading
For more background on strategy-based asset management, visit our Investing section.
Source note: This article includes information reported by The Globe and Mail.
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