Part 3/9:
However, international banks differ significantly from their U.S. counterparts in regulatory frameworks. Unlike U.S. banks that undergo annual stress tests mandated by the Federal Reserve, international banks generally enjoy more freedom when setting their dividend policies. This often results in better dividend yields for income-focused investors. For instance, Toronto-Dominion Bank (TD Bank) and other major Canadian banks are known to offer dividends around 4%, attracting investors keen on earning income.