The Canadian “Big 5″ Banks which include Royal Bank of Canada (RY) Toronto Dominion Bank (TD), Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CM) and Bank of Nova Scotia (BNS) have all had a very strong history of paying dividends. Over the years the Canadian “big 5″ banks have been very diligent in how they payout and increase their dividends.
RY: Royal Bank of Canada:
The Royal Bank of Canada has had a rich history of dividend payments. Looking back from the year 2000, Royal bank has had a steady history of dividend increases. Even during the financial crisis of 2008 into 2009, the Royal bank of Canada was able to maintain it’s dividend.
Below is a Chart of the dividend payout per year, for Royal Bank of Canada common shares.
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