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6 High-Yield Bank Stocks to Buy Now

Looking for yield? Look up the map to our northern neighbors.

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It’s earnings week for the six big Canadian bank stocks, making this the perfect time to look at these not-ballyhooed-enough dividend stocks.

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Bank of Montreal (BMO) and National Bank (NTIOF) have already delivered their numbers, and the rest are expected to come tomorrow and Friday. The major Canadian bank stocks are expected to grow earnings between 5% and 7% over last year’s fourth quarter, which is excellent.

However, there are some signs the good times are coming to an end. While Canada’s bank stocks continue to be a good place to invest because they provide consistently strong returns for shareholders, the days of easy gains are likely behind us.

So, which of these high-yield bank stocks deserves your consideration? All of them, to some extent. Let’s look at each in order from weakest to strongest “buy” recommendation.

Article printed from InvestorPlace Media,

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