Toronto-Dominion Bank Dividend Stock Analysis 2017

TD Bank

Toronto-Dominion Bank (TD.TO)(TD) is the second largest of the Canadian banks by market cap. The company provides a diversified array of financial services operating via three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. TD was founded in 1855 and is headquartered in Toronto, Canada.

A Closer Look

Toronto-Dominion Bank is the second largest of the Big Five Canadian banks. The company’s peers include Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), Bank of Montreal (BMO), and Canadian Imperial Bank of Commerce (CM).

The Canadian banks are regarded as some of the safest financial institutions in the world. The companies have a long track record of being conservative and focused on long-term stability and prosperity. Most of these institutions have existed and paid dividends for more than 150 years and make for great core positions in any investor’s portfolio.

Toronto-Dominion Bank has been a hit in retail financing in Canada, US and UK. The company made a conscious decision to expand their operations in the US during the global financial crisis, as the management saw an opportunity as financial institutions stumbled/collapsed. Those moves have paid off over the years as the increased revenue from US has provided shareholders with handsome returns.

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Royal Bank of Canada Dividend Stock Analysis 2017

Royal Bank of Canada

Royal Bank of Canada (RY.TO)(RY) is the largest of the Canadian banks by market cap. The company provides a diversified array of financial services operating via five segments: Personal & Commercial Banking, Wealth Management, Insurance, Investor & Treasury Services, and Capital Markets. Royal Bank was founded in 1864 and is headquartered in Toronto, Canada.

A Closer Look

Royal Bank is the largest of the Big Five Canadian banks. The company’s peers include Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Bank of Montreal (BMO), and Canadian Imperial Bank of Commerce (CM).

The Canadian banks are regarded as some of the safest financial institutions in the world. The companies have a long track record of being conservative and focused on long-term stability and prosperity. Most of these institutions have existed and paid dividends for more than 150 years and make for great core positions in any investor’s portfolio.

Royal Bank has focused and regarded asset management and wealth management, especially focusing on the (ultra) high net worth individuals as their growth strategy. It is for this reason that the company spent over $5B to acquire City National Corp, its biggest takeover move targeting the wealthy Southern California residents.

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Aqua America Dividend Stock Analysis 2016

Aqua America

Aqua America, Inc. (WTR), through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States. The company serves approximately 3 million customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, and Virginia.

Investing in water can provide lucrative returns with the stability that comes with investing in utility stocks. Running a company in one of the most fundamental requirements for human survival, water, the company has enjoyed extremely stable revenue and earnings over the decades. The company has very impressive revenue and earnings growth record in the sector and has been a dividend grower for 25 consecutive years.

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American States Water Co Dividend Stock Analysis 2016

American States Water Co (AWR) together with its subsidiaries, provides water and electric services to residential, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. American States Water Co differentiates itself from the competition due to its long term contracts with the US military. Due to the nature of the contracts, the company has enjoyed stable revenue and earnings growth over the past several years. According to the last quarterly report, approx. ¼ of its earnings come from the long term military contracts. Most recently, the company won a 50-yr contract to operate and maintain water and wastewater systems at Elgin Air Force Base in Florida. The contract is estimated to be a value of $510M over 50 years.

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American States Water Co boasts one of the best dividend growth streaks. With 62 years of consecutive dividend raises, not many companies can stand up to challenge that record. Running a company in one of the most fundamental requirements for human survival – water, the company has enjoyed extremely stable revenue and earnings over the decades

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American Water Works Dividend Stock Analysis 2016

AWK

American Water Works Company (AWK) is the largest publicly traded water company serving approximately 15 million people in U.S. and Canada. It operates approximately 81 surface water treatment plants with approximately 500 groundwater treatment plants and 1,000 groundwater wells; 100 wastewater treatment facilities, 1,200 treated water storage facilities, 1,400 pumping stations, 81 dams, and 49,000 miles of mains and collection pipes.

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American Water Works appears to have turned the company around and cleaned up its books since facing a lot of challenges a few years ago. Earnings and free cash flow have turned positive and dividends have continued to grow over the years. The company provides a great opportunity for investors looking to water exposure, although it appears to be a bit overvalued currently.

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