NTIOF - Look To National Bank of Canada For A Growing Dividend
- National Bank of Canada has been the best total return investment among the Canadian banks over the past 20 years.
- With a current yield of 2.9% and a 20-year CAGR of 10.6%, National Bank is a compelling dividend growth stock.
- The combination of a low payout ratio and excess capital makes National Bank a prime candidate for accelerated dividend growth in the coming years.
- The geography of National Bank’s mortgage portfolio features borrowers with better debt to income ratios and debt servicing costs than other regions of Canada.
- The Bank’s expanding wealth management franchise is a catalyst for EPS growth.
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Look To National Bank of Canada For A Growing Dividend