Bank of America vs. TD Bank: Which Dividend Giant Provides Greater Value?
Bank of America (NYSE: BAC) has been a much better investment than Toronto-Dominion Bank (NYSE: TD) over the past decade. In fact, Bank of America's stock price return alone is better than TD Bank's total return, which includes reinvested dividends.But if you are a long-term dividend investor, the last decade isn't a long enough comparison to decide which is the better stock for your portfolio. Here's why.Over the past decade, Bank of America has increased its dividend each and every year. That's not a bad streak. The stock has risen along with the dividend.Continue reading
Bank of America (NYSE: BAC) has been a much better investment than Toronto-Dominion Bank (NYSE: TD) over the past decade. In fact, Bank of America's stock price return alone is better than TD Bank's total return, which includes reinvested dividends.
But if you are a long-term dividend investor, the last decade isn't a long enough comparison to decide which is the better stock for your portfolio. Here's why.
Over the past decade, Bank of America has increased its dividend each and every year. That's not a bad streak. The stock has risen along with the dividend.
