as long as the worries over europe slow down and their situation eventually get fixed albeit pushed out further into the future, less worries over other banks in North America. Canaidan banks should do much better than US banks. It was good to see the stress tests out of US, most banks passed. As they increase dividends, more and more dividend orientated investors will plow in meaning higher equity prices and therefore higher NAV for FTN and yes, we may well start getting a dividend ourselves.
cheers,
dave.
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