Canadian Banks Could Raise Payouts 18% While Buying Back Stock
- Date: 07-Nov-2021
- Source: Yahoo News
- Sector:Financial Services
- Country:Middle East
Canadian Banks Could Raise Payouts 18% While Buying Back Stock
(Bloomberg) -- Canada’s six biggest banks could raise their dividends by about 18% on average and still be able to buy back almost 2% of their shares now that regulators are allowing them to unleash capital they’d stockpiled during the pandemic.
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