Bank Analysts Foresee Dividend Boost

The Toronto Star, Tara Perkins, 20 November 2006Most of Canada's big banks will be boosting their dividends, analysts say, after investors flocked to bank stocks when they fled income trusts."The banks have considerable capacity to increase dividends," CIBC World Markets analyst Darko Mihelic said in a research note this week.On average, banks could raise their current dividend by 10 per cent and