RE:RE:RE:RE:RE:Whopper of a miss.I think you are confused about how the dividend works, the yield drops as the price rises until/unless the company increases what it is paying for a dividend. With the stock price dropping recently due to target "miss" on financials, the yield is actually increasing. Only 2 of the Canadian banks are anywhere near the yield this thing puts out, thos ebeing Laurentian Bank at 6.8% and Scotia at 6.4% while the rest are below 5%. So this at a $10/share price gets the yield down closer to those high yield banks in the 5.x% range. What is wrong with a high yield? Are only banks allowed to have a decent yield? It attracts dividend hunters, put it on DRiP and compound your investment.
My comment of what I am locked in at was just an example of what you can achieve if you invest in a company that pays a nice dividend and let it sit, I am getting paid double what anyone will get investing today, others I am sure getting double what I am getting and 4x anyone that invests today. Price rising I achieve the "normal" gains, dividend on top of it my yield is locked in at a lower SP and my compounding interest because I have it automatically reinvesting for me means my interest payments are making interest. This isn't a bank, so shouldne be compared to one.