Thursday, September 24, 2009

Dividends on the Horizon for Canadian Banks?

Simon Avery of the globeandmail in an article published today discusses the potential for Canadian banks to raise their dividends in the not too distant future citing a few interesting tidbits of information.

"While all of the big banks have raised capital to boost their ratios well above the minimum level, too much capital can depress profitability. That means once the economy is clearly on the mend, they will need to find ways to put the money to work."

See Source:

Articles from The DIV-Net

StreetInsider

The Dividend Daily (Dividend.com)