I doubt you pay much attention to Canadian banks, but these firms cap my list of top dividend stocks. These quiet lenders sailed through the financial crisis. While U.S. banks dropped like flies, these guys kept paying out dividends to shareholders. In fact, these “Forever Assets” have paid out dividends for over a century. The oldest one on this list hasn’t skipped a dividend since 1829. You could own these companies today and hold them for the rest of your life.
Longtime investors have made a fortune. These wonderful, entrenched businesses crank out oversized profits year after year and many of them have paid out distributions for decades. They top my list of the ultimate Forever Assets for a handful of reasons: Bank of Montreal (NYSE:BMO) 3.5%, Bank of Nova Scotia (NYSE:BNS) 3.9%, Toronto-Dominion Bank (NYSE:TD) 3.5%, Canadian Imperial Bank of Commerce (NYSE:CM) 4.5% and Royal Bank of Canada (NYSE:RY) 3.6%.
Source: Income Investor
Related Articles:
- 7 Dividend Growth Stocks That Could Make You Wealthy
- A Roadmap To Build Wealth With Dividend Stocks
- High-Yield Managed Distribution Policy Funds
- 6 Blue Chip Dividend Stocks For When the Chips Are Down
- The 2016 Elite Dividend Stocks List
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
These stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. A large pa...
-
I love getting paid to invest, which is why I've filled my portfolio with income stocks. My favorites are those that not only pay genero...
-
This is one of our top dividend-paying companies that can help boost the investment income in your portfolio. These stocks are a safe way to...
-
Tracking down a stock that pays a high yield is easy enough to find, but selecting ones that are worth holding onto for decades to come is q...
-
A big worry for retirees isn't necessarily the size of their nest eggs, but whether they'll keep up with inflation. While convention...
-
Not all dividend-paying companies make a lot of money, but the ones that do could fetch you solid returns in the long run, simply because a ...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
In some dividend investors' minds, there's no such thing as too much dividend income. Yet often, stocks that carry extremely high di...
-
With so many concerns plaguing investors’ minds, dividend paying stocks are tempting options at the moment. The best dividend stocks pay out...
0 comments
Post a Comment
Post a Comment