Bank of Nova Scotia T.BNS

DRIP Price?

[Ariahp]

This is my first DRIP from BNS.

Any idea what the discounted DRIP price may be....even from past experiences.

[Dibah420]

BNS has an accessible DRIP program. To enroll, you only need to have $100 invested in BNS stock. Scotiabank also offers a 2% discount on common stock when purchased under its DRIP program, and you can reinvest up to $20,000.Apr 18, 2023

[NonCredibleSrc]

My DRIP came in at a price I am very pleased with the quarter - look like $60.5864. No issues there!

[rad10]

  nice to have these checks and balances with fellow investors. Same price quoted in my brokerage.  DRIPping away.

[Puma1back]

I read in the Globe - can't remember the investment house who wrote the report- but the firm was forcasting that that in their opinion the Canadian banks would stopping their drip programs in 2024. Theory was that pricing was too dilutive .  

[DeanEdmonton]

Read enough so called "Experts" and you can find damn near anything in print. Experts have been recommending Manulife as undervalued for 20 years, so far it is still traing waybelow where they think it should be. Between basic incompetence and a need for exposure, a great many of them are consistently dead wrong and just shooting for maximum clicks.

[financebuff101]

https://www.scotiabank.com/ca/en/about/investors-shareholders/equity-investors/common-share-data.html So 2%, just like another poster mentioned it before. To give you an idea, here are my past DRIP prices - rounded to two decimals (settlement date, not pay date): Jan 30, 2024: $60.59 Nov 6, 2023: $55.33 Aug 3, 2023: $65.27 May 4, 2023: $66.54 Jan 27, 2023: $69.77 Have a look at the past year

[rad10]

That 2% discount over several years stacks the odds in your favour!