What were dividends like when saving interest rates were high?
For investors looking to get the most out of their portfolio, I am curious to know what was the appeal of dividends when interest rates were high back in the day. For example, there was a time when banks paid up to 6% or more interest rate? If dividends have a yield of 4% , and even with capital gains, why bother with stocks and all their volatility, when you can simply put your money in the bank and earn 6% with no risks involved and full capital preservation.
Was dividend yield generally higher when interest rates higher? i.e does it keep up with interest rates? I don't see that to be the case at the moment, with these historical interest rates.
I tried to look up historical yield rates for some major companies and wasn't able to find data going back more than 10 years. For BCE for example, their yield about 10 years ago was close to 3.3% (today it is 4.67%) .
For TD, their yield was about 2.3% 17 years ago (1999)
RBC had the best yield actually, around 4.2% back in 2000
any thoughts for those who were doing trading 10 or 20 years ago or so?
Was dividend yield generally higher when interest rates higher? i.e does it keep up with interest rates? I don't see that to be the case at the moment, with these historical interest rates.
I tried to look up historical yield rates for some major companies and wasn't able to find data going back more than 10 years. For BCE for example, their yield about 10 years ago was close to 3.3% (today it is 4.67%) .
For TD, their yield was about 2.3% 17 years ago (1999)
RBC had the best yield actually, around 4.2% back in 2000
any thoughts for those who were doing trading 10 or 20 years ago or so?
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