Top 7 Canadian Bank Stocks that Pay Dividends

Best in class. He's lightened up on financials. Valuations are compelling, but margin and loan growth will be stagnant. Banks don't do well in recessions. No tailwinds right now.

TD has expanded its NIM in the US, so last quarter they benefited the most out of all the banks. Best in class. He's lightened up on financials. Valuations are compelling, but margin and loan growth will be stagnant. Banks don't do well in recessions. No tailwinds right now.

The markets dislike uncertainty and since they have just hired a CEO from outside the bank, wait for things to settle down and firm up.

Got stung by low forecasts. Margin spreads are suffering. Not one of his favourites. Sector is cheap, but he's still not being aggressive. Inverted yield curve is not good for banks.

He's lightened up on financials. Valuations are compelling, but margin and loan growth will be stagnant. Banks don't do well in recessions. Large loan book in Canada, without access to the US. It's fine, but his preference is TD or RY.

NA vs. CWB Between these and the Big 5, he'd prefer one of the 5. Between CWB and this, he'd prefer NA. Better diversified in lines of business and geographically. Better scale advantage, management, and capitalized. Its dividend increases may pause if credit losses get too high. Otherwise, high single-digit dividend increases are pretty reliable.

Fallen off from a technical perspective. He focuses on the top 5 banks. Yield is 5.4%, but it's come down over the last 5 years, which is not what you'd expect from Canadian banks. Negative dividend growth. Steer away.

CWB vs. NA Between these and the Big 5, he'd prefer one of the 5. Between this and NA, he'd prefer NA. NA is better diversified in lines of business and geographically. NA has better scale advantage, management, and capitalization. High single-digit dividend increases from NA are pretty reliable, though its dividend increases may pause…