The Bank of Montreal is the oldest of the Big Five Canadian banks, with over 200 years of history behind it. Yet what matters now is what the company is worth to investors today. In that sense, it offers a history of dividend increases.
BMO recently expanded into the United States with the purchase of Bank of the West from BNP Paribas. This creates a solid growth opportunity in the U.S., providing more income that will help the company out of a future recession.Article content After all, while BCE stock may have been around during the last 40 years, the Bell Telephone Company has been around quite a lot longer, founded back in 1880 by an act of Parliament. It’s since moved far beyond just phones, becoming Canada’s fastest internet provider with the rollout of 5G and 5G+.Article content
BCE has traded down 13 per cent in the last year but has been growing for decades, up 109 per cent in the last two decades. It also has a 6.23 per cent dividend yield, one that’s grown at a 5.13 per cent CAGR in the last decade.Now if you’re thinking about early retirement, there’s something else you might be thinking about. That’s retirement residences. Even if these aren’t for you, these residences are about to be in high demand.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: calgaryherald - 🏆 64. / 52 Read more »
Source: nationalpost - 🏆 10. / 80 Read more »
Source: globeandmail - 🏆 5. / 92 Read more »