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Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

Financial Services
The Bank of Nova Scotia is a bank in the Americas. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. Its segments include Canadian Banking, International Banking, Global Wealth Management and Global Banking and Markets. The Canadian Banking segment provides a full suite of financial advice and banking solutions to retail, small business and commercial banking customers. The International Banking segment is a diverse franchise with Retail, Corporate, and Commercial customers. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across its footprint. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets.


TSX:BNS - Post by User

Bank of Nova Scotia > Is an increase coming to the dividends?
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Comment by dileas48son Mar 16, 2021 2:31pm
278 Views
Post# 32809054

RE:Is an increase coming to the dividends?

RE:Is an increase coming to the dividends?
I think this is postive news, but the article does not mention lifting the restrictions on dividend increases or the resumption of buybacks.  I did a quick search and couldn't find anything to suggest that dividend and buyback restrictions are included in this announcement.

I think it's reasonable to assume that the big five banks and the big insurers will raise dividends at the earliest opportunity, but so far there is no timeline for when they can resume these activities.

This news does help pave the way for that decision eventually being made.




Opportunity1967 wrote:

Banking regulator unwinding temporary rules aimed at helping weather the pandemic


https://www.theglobeandmail.com/business/article-banking-regulator-unwinding-temporary-rules-aimed-at-helping-weather/?cmpid=rss&utm_source=dlvr.it&utm_medium=twitter



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