As the summer holidays come to a close, Canada’s banks also wrap-up earnings announcements. This week, there are four Canadian Dividend All-Star banks who are scheduled to report earnings, two of which may announce a dividend increase. Before we jump in, let’s take a look at how the banks fared last week. Of note, all figures are in Canadian dollars unless otherwise noted.
LAST WEEK — RESULTS
Last week both of the Big Five banks who reported earnings also announced a dividend raise. Canadian Imperial Bank of Commerce (CM)[TSX:CM] raised as expected, while