When to sell dividend paying stocks

Well interesting update to this thread as Bank of Nova Scotia has increased to 80 from 65 when the thread began - 23% increase along with 3 dividend payments for a return of 27 percent. This is because with the recovery in oil prices one of the only two negatives for the stock has been removed, so now it is trading at a 3.69% dividend yield close to the 3.5% dividend yield I would expect for a stock of this quality. So going forward with an eight percent growth and 3.69% dividend a long term return expectation of 11-12 percent seems reasonable. Still looking for 117 in 2021.

Yes, BNS has continued its appreciation. Royal Bank close behind. The Canadian banks have been wonderful investments for decades. No reason to believe they won't continue being such. They release their first quarter results in a few weeks. I am expecting strong results from those banks (TD, RY, BMO) that have large US businesses. Again, rising rates should help margins in the US.
 
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