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CCIXF - TD Bank Vs. Bank Of Nova Scotia: And The Winner Is...
Canadian Imperial Bank Of Commerce - FXDFR PRF PERPETUAL CAD 25 - Ser 45 Cl A
Dividend stocks are the cornerstone of my portfolio and the Canadian banks are an important contributor. Canadian banks with their century-long dividend track records have been acting as a pillar of stability and reliable dividend growth.
Amid the pandemic stock prices have retreated sharply and recovered roughly 50% of the drop so far. The windows of golden "no-brainer" buying opportunities may have been closed now but these stocks are still providing promising long-term opportunities.
Two of Canada's illustrious Big Five banks (Bank of Nova Scotia (NYSE:BNS), Toronto-Dominion Bank (TD), Canadian Imperial