This translation has been automatically generated and has not been verified for accuracy.Note to readers: This newsletter will be taking a two-week break for the holidays, returning Jan. 6
Toronto-Dominion Bank is projected to have an average five-year dividend growth rate of 7 per cent, while Royal Bank of Canada is pegged at 6.2 per cent, Canadian Imperial Bank of Commerce at 6.1 per cent, National Bank of Canada at 6 per cent and both Bank of Nova Scotia and Bank of Montreal at 5.8 per cent.There’s a lesson in these numbers for investors who put a priority on dividend income from their dividend stocks.
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