Did you know that some of the biggest banks in Canada pay dividends ever since the 1800s.
Bank of Montreal (BMO) - since 1829
Toronto-Dominion Bank (TD) - since 1857
Royal Bank of Canada (RY) - since 1870
There are no guarantees in investing, but investing in stocks that pay out long term dividends would be a wiser choice. It is assumed that these companies will continue to pay out dividends.
Source (Book): The Dividend Rich Investor - What to Look for in a Dividend-Paying Stock (Pg 39)
Bank of Montreal (BMO) - since 1829
Toronto-Dominion Bank (TD) - since 1857
Royal Bank of Canada (RY) - since 1870
There are no guarantees in investing, but investing in stocks that pay out long term dividends would be a wiser choice. It is assumed that these companies will continue to pay out dividends.
Source (Book): The Dividend Rich Investor - What to Look for in a Dividend-Paying Stock (Pg 39)