1 Magnificent Canadian Dividend Stock Down 21% to Buy and Hold for Decades
While the broader markets are trading close to all-time highs, one Canadian dividend stock has underperformed in recent years. Down over 20% from record levels, Toronto-Dominion Bank (TSX:TD) is wrestling with a slew of regulatory and industry-related issues. The Canadian bank faces a US$3 billion settlement with U.S. regulators over anti-money laundering violations, leading to…