Friday, February 13, 2009
Bank Dividend Cuts Unlikely, but Risk Remains
Financial Post, Jonathan Ratner, 13 February 2009Nobody wants to say it will happen, because it probably won�t. But given what we�ve seen in the U.S. banking sector and elsewhere in the world, the prospect of dividend cuts for Canadian banks continue to weigh on investors minds as the economic uncertainty persists.Plunging share prices have pushed dividend yields for Canadian bank stocks to their
Labels:
BMO,
CIBC,
National Bank,
RBC,
Scotiabank,
TD Bank
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