News Flash: TD and RY Boost Their Dividends
by | Posted 3.1.2012 | Post Comment (No Comments)

Both top banking heavy hitters boosted their dividends today amid lower net income. Both banks are trading higher on their earnings release after beating the street’s estimates. However, it’s funny to read the news release as it sends very mixed signals. Many were surprised by the dividend hikes and then they also beat the estimates from analysts but the end results was lower income compared with last year. Bottom line should count, shouldn’t it? I’ll take my pay increase though, that will make due for my bank fees

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