Top 7 Canadian Bank Stocks that Pay Dividends

Over the long term, Canadian banks are great investments. In the short term this is some uncertainty, but RY has a great brand. They have grown the global investment banking franchise and into wealth management he expects this to continue.

He has been watching the banks. He has a small holding in the banks. He thinks they have a bit of acceleration in them ahead. Helping out people in a negative situation really hurts the banks. If we saw an uptick in interest rates this would be good for the banks. The entire sector is…

7.2% yield? He is not sure there is ever a period that Canadian banks are not a good investment over a 10 year period. The dividends have never been cut by the big chartered banks. You could buy on weakness and the dividends will be quite safe. NOTE: He works for Scotiabank, but the comments…

Banks are lining up to take massive loan losses due to the shutdown. He thinks we will see a recovery in stock values. He likes the exposure to the US. He likes the dividend and it offers a better opportunity in terms of getting into the market at this point. He thinks the banks are…

He still likes it. It is at somewhat of a discount. It is more Canadian-centric compared to competitors. Over the next few quarters he thinks provisions for loan losses will rise. They are at a reasonable price.

NA has done incredibly well relative to the Canadian banks. The hard part has been to be considered a non-Quebec bank. He likes how they have grown their investment bank activities. They have not shown growth outside of Canada, like the larger chartered banks have.

You have to question everything including the possibility of anyone cutting the dividend back. He thinks they will come through this and thrive. He would look at buying a basket of the larger banks for the security of more diversified operations.

Focused on the western part of the country and which is still going through a difficult economic period of time. It has had a decent couple of years as credit losses have been kept to a decent low. Their traditional business of lending with a flat yield curve is very difficult. He prefers TD-T and…