Dominion Bank-The Smartest High-Yield Bank Stock to Buy With $100 Right Now

Core Viewpoint - The article discusses the current financial landscape for banks, particularly focusing on Citigroup and Toronto-Dominion Bank (TD Bank), highlighting their dividend yields and financial performance amidst geopolitical uncertainties. Group 1: Citigroup Overview - Citigroup offers a dividend yield of 3.5%, which is higher than the average U.S. bank yield of 2.6% [2] - In Q1 2025, Citigroup's revenue increased by 3% compared to Q1 2024, with operating costs down by approximately 5% and earnings per share rising by 24% due to stock buybacks [4] - Historically, during the Great Recession, Citigroup faced significant challenges, including a government bailout and drastic dividend cuts from $5.40 per share to a mere penny [5] Group 2: Comparison with TD Bank - TD Bank has a higher dividend yield of approximately 4.9% and has raised its dividend by 3% despite facing regulatory challenges [8][10] - Unlike Citigroup, TD Bank did not cut its dividend during the Great Recession, showcasing its resilience [8] - TD Bank's U.S. operations are currently under an asset cap due to regulatory issues, which may slow its growth in the U.S. market [11] Group 3: Investment Considerations - Citigroup is in a better financial position than during the Great Recession, but investors should consider its past performance as a cautionary tale [6] - TD Bank's current challenges may ultimately strengthen its resilience against future market uncertainties, making it a more attractive option for dividend investors [12] - The risk/reward balance favors TD Bank over Citigroup for dividend investors, as TD Bank's stock is available for under$ 100 per share [13]