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.
Continue reading Canadian Banks: Solid Dividend Growth Coupled With Sustainable Payout Ratios
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