I added this high yielding
Canadian bank (NYSE:
CM) after a
weak earnings quarter.
The
loan business is slowing down (not good) but I 'm willing to collect that fat ~5+% dividend ๐ฐ to offset growth for now. Eventually their loan business may or may not come around. I'll wait and see. ๐
| DIVIDEND YIELD (TTM) | ANNUAL PAYOUT (TTM) | PAYOUT RATIO | 5 YEAR GROWTH RATE | DIVIDEND GROWTH |
|---|
| 5.11% | $4.08 | 49.23% | 2.10% | 3 Years |
Disclaimer: All information is provided as-is and is for informational purposes only.The stocks mentioned in this blog are not considered to be past, present or future recommendations to buy or sell them. Ideas presented are just my personal opinions and are NOT be considered as investment recommendations or advice. All investors should consult a qualified professional before trading any stock.
No comments:
Post a Comment