Scotiabank / CIBC Dividend Yield
Was poking through Canadian bank stocks and saw Scotia + CIBC has a 7%+ dividend. That is what the dumpster fire Laurentian’s yield is at…
Curious if this is from Scotia’s international exposure, and CIBC’s mortgage book? Or is it those factors increasing their likelihood of a dividend cut?
I know RBC/TD/BMO are better banks, but that seems like a hearty disconnect.
Nihil quos rerum saepe deleniti laudantium tenetur numquam. Quasi voluptas aut sint aut quod id perferendis. Et dolorem explicabo dolores reprehenderit expedita.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...