Dividend Growth

Mike, are you not tired of writing about Canadian banks? Of course not! First, they remain amongst my favorite dividend stocks ever. As a passionate investor, I will never get tired discussing my favorite picks! Second, I will not review their earnings this time. Rather, we will look at how they fit in your portfolio for the next 20 years. Canadian banks are amazing; they have outperformed the Canadian market for the past 5, 10, 15, probably 25 years. Unfortunately, they were not created …

Continue Reading about Canadian Banks Ranking – Which One of The Strongest Bank?

Each month, we issue The Mike's Buy List for our DSR members. They get our best ideas for both U.S. and Canadian dividend stocks. The first Friday of each month, they receive our top 10 growth and top 10 retirement (yield over 4%+) investment ideas. As both markets did well in August, more of our ideas have outperformed the market. I decided to share some of our picks with you. Today, we'll cover two growth stocks that still show some potential return. Starbucks (SBUX) What’s the …

Continue Reading about Two Dividend Growth Picks that Could Boost Your Return!

After reviewing Q3 2020 earnings for BMO and ScotiaBank, and then for National Bank and Royal Bank, it is time to look at what TD and CIBC had for us in their pockets. Oh my, this is definitely not my best picture... but I did it on purpose mostly because TD and CIBC Q3 earnings have not been really exciting to say the least. And this is exactly the kind of goofy faces I do when I'm bored. I'll tell you upfront, TD and CIBC are not my favorites mostly because they are more targeted to …

Continue Reading about Classic Banking Doesn’t Pay Off – TD and CIBC Q3 2020 Earnings Review

Yesterday, I posted my review of the earnings for both BMO and Scotiabank. My one word was "meh!" This time, both banks have reported flat earnings and pretty good results.  What's happening? BMO earnings were down around 20% and ScotiaBank was down roughly 47%. Then National Bank and Royal Bank were minus one or flat. There is something wrong. Let's dig a little deeper and see what's really hiding behind these reports. Royal Bank (RY) (RY.TO) Business Model Royal Bank is the largest …

Continue Reading about Canadian Banks are Doing Well! – National Bank and Royal Bank Q3 2020 Earnings Review

Last week, I was super happy because it finally was the week of Canadian banks Q3 earnings reports. Today, we're starting with Scotiabank and BMO as they were the first to publish their results. Everybody was expecting that because banks have definitely set the tone for the Canadian economy. Now, what's going to happen with their dividend payment? I'll tell you upfront, don't expect anything out of the ordinary. Scotiabank (BNS) (BNS.TO) Business Model The Bank of Nova Scotia is known …

Continue Reading about BMO and Scotiabank Q3 2020 Earnings Review: Is Their Dividend Still Safe?