Bank of Nova Scotia T.BNS

Alternate Symbol(s): BNS

Financial Services

The Bank of Nova Scotia (the Bank) is a Canadian chartered bank. The Bank's segments include Canadian Banking, International Banking, Global Wealth Management, Global Banking and Markets, and Other. The Canadian Banking segment provides a full suite of financial advice and banking solutions. The International Banking segment is a diverse franchise offering financial advice and solutions to retail, corporate and commercial clients. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across the Bank's footprint. The Global Wealth Management segment serves investment fund and advisory clients across 13 countries. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets. The Other segment includes Group Treasury, smaller operating segments and corporate items which are not allocated to a business line.

TSX:BNS - Post by User

Bank of Nova Scotia > Is an increase coming to the dividends?

<< Previous

Bullboard Posts

Next >>

Comment by dileas48son Mar 16, 2021 2:31pm

299 Views

Post# 32809054

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