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Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

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

Comment by SargeXon Dec 01, 2022 3:57pm
253 Views
Post# 35144286

RE:RE:RE:No dividend increase

RE:RE:RE:No dividend increaseI don't want to go on about this too mcuh by their pattern is generally to raise the divy every 2nd quarter so they are not out of step.

Here's a table from the BNS website by quarter within each year. They missed a few increases when they were stuck at $0.90 but have now resumed their every 2nd quarter pattern.

FY 2018
$0.79
$0.82
$0.82
$0.85
FY 2019
$0.85
$0.87
$0.87
$0.90
FY 2020
$0.90
$0.90
$0.90
$0.90
FY 2021
$0.90
$0.90
$0.90
$0.90
FY 2022
$1.00
$1.00
$1.03
$1.03

dileas48s wrote:
I guess we're splitting hairs a bit, but for clarity BNS last raised the dividend in July of 2022 (3% or $0.03 increase) and prior to that it was January 2021 (11.11% or $0.10).   Before that we'd have to go to October 2019 for a dividend raise. 

Prior to COVID they consistenly raised every other quarter (2 & 4), so the lack of an announcement to raise the dividend is out of step with historical activity.

SargeX wrote: They just rasied their divy last quarter. What are you expecting, an increase every quarter. No company that I know of does that.

carlocarli wrote: I was counting on a dividend increase. I am disappointed. It will be interesting to see what the other nankc do.
Good luck to all

 




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