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The 3 Biggest Reasons Why This High-Yield Bank Is Better Than Citigroup [Yahoo! Finance]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
That sounds attractive, but there's a history here. And you can get a roughly 5% yield from this giant industry peer that has been a more reliable dividend stock over time. Here's what you need to know. The big problem with Citigroup is what happened during the Great Recession . That was a very difficult period for financial markets and for companies that were involved in mortgage lending. There was a very real concern that the world's financial markets were on the brink of collapse. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Citigroup ended up taking a government bailout and cutting its dividend. The dividend was slashed from $3.20 per share per quarter all the way down to a mere penny a share. That's a payment meant only to ensure that institutional investors can still own the stock (some institutional investors, like pension funds, mandate that they can only buy shares of companies tha Show less Read more
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