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Net income for the bank's wealth management division increased to $750 million compared with $683 million a year ago

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Profit Survey: Eleven firms increased their dividends in the latest quarter

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Only two of 42 companies reported losses in Investment Executive's Profit Survey

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The pandemic will continue to create uneven distributions across countries and sectors

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The dividend hike and share buyback plan follow OSFI's decision to lift pandemic restrictions

Inflation written newspaper

Commodities, equities and real estate may be better choices

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A cyclical tilt makes sense but comes with risk

  • By: IE Staff
  • November 19, 2021 November 23, 2021
  • 14:15
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Fellow life insurers Manulife and Sun Life also announced dividend hikes this month

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OSFI's move to lift limits on capital returns marks a vote of confidence

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The company increased its quarterly payment to shareholders by 20%