RE:RE:RE:RE:RE:RE:Dividend That's a lot of great information. Thank you so much for posting that chart. To me, it shows the parity of the big five banks. There will always be differences year to year. Over the long term they are fantastic investments. I think the best investments in the world. I own all of them in approximately equal amounts.
financebuff101 wrote: Goldluck,
Here is a simple calculation I did, comparing the Big 5 banks. If you bought one (1) share of each bank on Feb 21st, 2020 (last day before Covid hit the markets), and you held them until yesterday, here are the results. In my opinion, it's the percentage that matters, not the perception of "cheap" / "expensive" share price, or how many you get for x dollars.
Note: the dividends are listed quarterly, for each stock. Note that only BNS is the only one not to raise its divy come Q1 of 2023. In all fairness, TD also missed one raise.
| | BMO | BNS | CM | RY | TD |
| February 21, 2020 | $100.92 | $74.24 | $54.59 | $109.21 | $75.77 |
| Q2 - 2020 | $1.06 | .90 | .73 | $1.08 | .79 |
| Q3 - 2020 | $1.06 | .90 | .73 | $1.08 | .79 |
| Q4 - 2020 | $1.06 | .90 | .73 | $1.08 | .79 |
| Q1 - 2021 | $1.06 | .90 | .73 | $1.08 | .79 |
| Q2 - 2021 | $1.06 | .90 | .73 | $1.08 | .79 |
| Q3 - 2021 | $1.06 | .90 | .73 | $1.08 | .79 |
| Q4 - 2021 | $1.06 | .90 | .73 | $1.08 | .79 |
| Q1 - 2022 | $1.33 | $1.00 | .81 | $1.20 | .89 |
| Q2 - 2022 | $1.33 | $1.00 | .81 | $1.20 | .89 |
| Q3 - 2022 | $1.39 | $1.03 | .83 | $1.28 | .89 |
| Q4 - 2022 | $1.39 | $1.03 | .83 | $1.28 | .89 |
| Q1 - 2023 | $1.43 | $1.03 | .85 | $1.32 | .96 |
| December 17, 2022 | $120.63 | $65.24 | $55.44 | $127.96 | $86.63 |
| | | | | | |
| P/L | 133.7% | 103.2% | 118.5% | 129.8% | 127.6% |