Paul Bagnell on BNN Bloomberg says Canadian bank stock dividends are currently safe. This is, of course, a question a lot of Canadian want the answer too. Talk to a Canadian investor and they will have some Canadian Bank Stocks in their portfolio.
The Canadian blogger Dividend Earner recently had a blog entries on this subject of Canadian Banks. This is a good article on investing in Canadian Banks. A serious article on Canadian Banks and dividends is by Richard and Irene So via RBC Securities. They feel that any cut in dividends would be unlikely, but not impossible. On the site Dividend.Com Sam Bourgi talks in 2017 about how our 5 big banks have been paying dividends for over 100 years.
On my other blog I wrote yesterday about Intertape Polymer Group Inc (TSX-ITP, OTC-ITPOF) ... learn more. Next, I will write Algonquin Power & Utilities Corp (TSX-AQN, NTSE-AQN) ... learn more on Friday, June 19, 2020 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.