Dividends4Life: 5 Ultra-Cheap Bank Stocks With High Dividends

This market, the Canadian banking industry, never experienced a financial crisis due to a myriad of reasons that are beyond the scope of this article. Suffice to say; the Canadian banking system is widely considered to be a bastion of stability. The major Canadian banks, however, severely lagged the performance of the U.S. banking sector in 2016. Canadian banks returned 26% as a group, which is nothing to sneeze at, and this could mean there’s still room for growth north of the border. Here are 5 leading Canadian bank stocks to consider today...

Royal Bank of Canada (NYSE:RY) - This stock is higher by over 5% this year. Toronto-Dominion Bank (NYSE:TD) - Shares of this leading bank name are lower by just over 1% this year but the stock is trading higher by 10% in the last 52 weeks. Bank of Nova Scotia (NYSE:BNS) - This $7 billion market cap bank has inched higher by 2.3% this year. Bank of Montreal (USA) (NYSE:BMO) - Shares are trading near $73.35, higher by around 2% year-to-date. Canadian Imperial Bank of Commerce (USA) (NYSE:CM) - This regally named bank, founded in 1961 and headquartered in Toronto, is my favorite stock of the five.

Source: InvestorPlace

Related Articles:
- 5 Low-Risk, High-Yielding Dividend Stocks
- 9 Dividend Stocks For A Rainy Day
- 6 Dividend Growth Stocks With Strong Capital Appreciation
- 6 Higher Yielding Basic Materials Stocks With Growing Dividends
- 7 Dividend Growth Stocks That Could Make You Wealthy

Click here to have future posts delivered to you for free!

_____________________________________________________________________

0 comments

Post a Comment

~

Popular Posts Last 30 Days