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Strategies & Market Trends : Young and Older Folk Portfolio

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To: chowder who wrote (509)12/2/2021 12:34:56 PM
From: chowder3 Recommendations  Read Replies (1) of 21741
 
Re: Old Folk Portfolio ... Today's Buys.

I added to both CM and TD today in this portfolio. As the Canadian banks announce their double digit dividend increase, I add to each one. Any time a company we own announces a double digit increase I usually add more shares.

TD Bank (NYSE: TD) declares CAD 0.89/share quarterly dividend, 12.7% increase from prior dividend of CAD 0.79.

Forward yield 3.87%

Jan. 31; for shareholders of record Jan. 10; ex-div Jan. 7.
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Canadian Imperial Bank (NYSE: CM) declares CAD 1.61/share quarterly dividend, 10.3% increase from prior dividend of CAD 1.46.

Forward yield 4.56%

Payable Jan. 28; for shareholders of record Dec. 29; ex-div Dec. 28.

See CM's dividend grades vs. peers TD, RY, BNS and BMO:

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