RE: RE:dividend cutsthebluenote...7 aliases!!! and I bet you don't own one share of RY and Wise_Fool we should listen to you...why???
RY has one of the lowest Dividends going they (all the Canadian Banks) are still making money and are still very profitable...to cut a Dividend there needs to be a very compelling reason...neither of you have offered one ...your only parroting the garbage of the mass media manipulators.
Lets see your numbers as to why YOU think RY will cut their Dividend ... if NOT shut the
F#@$ UP! Thank you.
Come on RY longs take back this board from the Doom and Gloomers chart wise RY is at a support level and way way over sold.
I have had enough of this constant rain of bad news and gloom poster (read Shorters) these Banks will survive we will get by this mess and RY will continue to make money and pay a DIVIDEND...of that I am very sure.
Canadian Banks are not in the same mess as the US Banks or even the UK Banks ...Canadian Banks where never leveraged 40:1 every!!!
RY is now the 7th largest Bank in the world...because they didn't take the same risks.