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
Earn Up to a 5% Yield with These Top Dividend Stocks
Posted by D4L | Tuesday, March 28, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
The best dividend stock nobody is talking about is an undervalued, high-dividend chemical company poised to grow at an exponential rate. Wit...
-
If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the ...
-
Last week, we found out that the consumer price index (CPI) went up by 8.3% in April, more than the 8.1% estimate. Meanwhile, the ongoing wa...
-
A full-blown recession, or the late-year rally in Wilson’s view – the natural move for investors will be toward defensive stocks, moves to p...
-
If any investor has stood the test of time, it is Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock-star...
-
The Dividend Kings, which are those stocks with at least 50 years of dividend growth, is an excellent place to find high quality names. Ther...
-
When a retailer has a sale, it's often celebrated with banners, signs, and commercials telling customers not to miss out on the spectacu...
-
5 big yields, all with upside. But I've got 1 more share to mention. With most of the earnings releases out, the charts are updated to s...
-
Investors need to seek out stocks of established companies that have a track record of delivering consistent, reliable returns to shareholde...
-
We've got 3 picks with dividend yields from 7.5% to 13.1%. Each share also has a significant discount to either projected current book v...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.