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