10-15-2015, 09:42 AM
Thanks for the mention, Dividend Watcher.
OldTimer - here are the links to my analysis of the Big Five Canadian banks.
As Watcher mentioned, there are some problems when considering the currency conversion rates. As a Canadian resident - I am very happy with the earnings in the US market from these banks as it buoys the balance sheets, but for US investors, the strong US$ means that your returns are more depressed and the even with the dividend growth included, the overall dividends seem to point lower.
Let me know if you have any specific questions
OldTimer - here are the links to my analysis of the Big Five Canadian banks.
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (TD)
- Bank of Nova Scotia (BNS)
- Bank of Montreal (BMO)
- Canadian Imperial Bank of Commerce (CM)
As Watcher mentioned, there are some problems when considering the currency conversion rates. As a Canadian resident - I am very happy with the earnings in the US market from these banks as it buoys the balance sheets, but for US investors, the strong US$ means that your returns are more depressed and the even with the dividend growth included, the overall dividends seem to point lower.
Let me know if you have any specific questions