Royal Bank of Canada (TSE:RY), Toronto-Dominion Bank (TSE:TD), and Bank of Nova Scotia (TSE:BNS) have been great long-term dividend investments
Banking is a traditional business that has been around for a long time, and it’s unlikely that it’ll go away.
Additionally, the big Canadian banks hold an oligopolistic position in the Canadian market, so they are likely to remain competitive while making a good profit.
The Big Three Canadian banks in particular have been great long-term dividend investments. These include Royal Bank of Canada (TSE:RY), Toronto-Dominion Bank (TSE:TD), and Bank of Nova Scotia (TSE:BNS).
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