See below for a comparison of historical dividend scale interest rates with certain indicators:
| Year | Dividend scale interest rate | Annual return S&P/TSX Index | Annual return FTSE Canada Universe Bond Index | Canada CPI |
|---|
| 2017 | 5.00% | 9.10% | 1.66% | 1.87% |
| 2018 | 5.00% | -8.89% | 2.52% | 1.99% |
| 2019 | 5.00% | 22.88% | 1.41% | 2.25% |
| 2020 | 5.00% | 5.60% | 6.87% | 0.73% |
| 2021 | 5.75% | 25.09% | 8.68% | 4.80% |
| 2022 | 5.75% | -5.84% | -2.54% | 6.32% |
| 2023* | 5.75% / 6.20% | 11.75% | -11.69% | 3.40% |
| 2024* | 6.20% / 6.30% | 21.65% | 6.69% | 1.83% |
|
8-year average |
5.47% |
10.17% |
1.70% |
2.90% |
* Starting in 2023, the first dividend scale interest rate indicated refers to the period from January 1 to June 30, and the second refers to the period from July 1 to December 31.
Notes
- The dividend scale interest rate used is the one applicable on the policy anniversary date
- The versions of the S&P/TSX and FTSE Canada Universe Bond Indexes used are the “Total Return” versions which include dividends, capital gains and interest payments
- The index returns indicated are the change between December 31 of the current year and the previous year
- The Consumer Price Index rates indicated are based on price changes from December of one year to December of the next year
- Past performance is not indicative of future returns
Sources: S&P/TSX Composite Total Return Index (S&P); Consumer Price Index, non-seasonally adjusted (Statistics Canada); FTSE Canada Universe Bond Total Return Index (FTSE Canada).
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