Bank of Nova Scotia T.BNS

RE:RE:RE:RE:RE:RE:RE:RE:Dividend

[DeanEdmonton]

Scroll down on the post to see the 10yr growth chart.

DeanEdmonton wrote: Newcoin, you are completely incorrect about the large banks being equal over time. Take a look at the 10 year returns, it is REALLY clear that RY and TD have greatly outperformed and the BNS is the worst of the bigs. Same holds true if you stretch it out to 20 years. There is a very good reason not to own ETFs, you get the stars and the dogs, no point in replicating that in your own portfolio.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Country		Symbol / Name Click To Sort by: Symbol / Name	Three month change in percent. 3 mo (%) Click To Sort by: Three month change in percent	Six month change in percent. 6 mo (%) Click To Sort by: Six month change in percent	One year change in percent. 1 yr (%) Click To Sort by: One year change in percent	Three year change in percent. 3 yr (%) Click To Sort by: One year change in percent	Five year change in percent. 5 yr (%) Click To Sort by: Five year change in percent	Ten year change in percent. 10 yr (%) Ten year change in percent Sorted Descending			Actions
		View BAC Detailed Quote BAC Bank of America Corp	-7.38	0.66	-26.78	-8.07	9.10	187.13
		View RY Detailed Quote RY Royal Bank of Canada	0.53	1.83	-2.06	23.55	24.96	111.93	05/10/08	+0.18	Buy Sell
		View TD Detailed Quote TD Toronto-Dominion Bank	-1.22	-0.06	-7.27	18.60	20.35	110.06	05/10/08	+0.08	Buy Sell
		View BMO Detailed Quote BMO Bank of Montreal	-4.58	-4.71	-9.25	19.66	20.37	99.75	05/13/08	+0.21	Buy Sell
		View CM Detailed Quote CM Canadian Imperial Bank of Commerce	-13.65	-15.54	-23.77	0.35	-9.13	34.38	05/10/08	-0.13	Buy Sell
		View PWF Detailed Quote PWF Power Financial Corp	12.55	31.56	26.87	1.57	-2.71	14.51	05/10/08	--	Buy Sell
		View BNS Detailed Quote BNS Bank of Nova Scotia	-8.90	-18.67	-25.28	-11.04	-20.82	12.51	05/10/08	+0.22	Buy Sell
		View CWB Detailed Quote CWB Canadian Western Bank	-2.49	-10.64	-33.16	-25.49	-36.54	-16.20	05/10/08	+0.21	Buy Sell
		View LB Detailed Quote LB Laurentian Bank of Canada Foundation	-1.34	-17.24	-17.69	-26.66	-41.59	-25.74	05/10/08	+0.03	Buy Sell

newcoin wrote:

That's a lot of great information. Thank you so much for posting that chart. To me, it shows the parity of the big five banks. There will always be differences year to year. Over the long term they are fantastic investments. I think the best investments in the world. I own all of them in approximately equal amounts.

financebuff101 wrote: Goldluck,

Here is a simple calculation I did, comparing the Big 5 banks.  If you bought one (1) share of each bank on Feb 21st, 2020 (last day before Covid hit the markets), and you held them until yesterday, here are the results.  In my opinion, it's the percentage that matters, not the perception of "cheap" / "expensive" share price, or how many you get for x dollars.

Note: the dividends are listed quarterly, for each stock.  Note that only BNS is the only one not to raise its divy come Q1 of 2023.  In all fairness, TD also missed one raise.

	BMO	BNS	CM	RY	TD
February 21, 2020	$100.92	$74.24	$54.59	$109.21	$75.77
Q2 - 2020	$1.06	.90	.73	$1.08	.79
Q3 - 2020	$1.06	.90	.73	$1.08	.79
Q4 - 2020	$1.06	.90	.73	$1.08	.79
Q1 - 2021	$1.06	.90	.73	$1.08	.79
Q2 - 2021	$1.06	.90	.73	$1.08	.79
Q3 - 2021	$1.06	.90	.73	$1.08	.79
Q4 - 2021	$1.06	.90	.73	$1.08	.79
Q1 - 2022	$1.33	$1.00	.81	$1.20	.89
Q2 - 2022	$1.33	$1.00	.81	$1.20	.89
Q3 - 2022	$1.39	$1.03	.83	$1.28	.89
Q4 - 2022	$1.39	$1.03	.83	$1.28	.89
Q1 - 2023	$1.43	$1.03	.85	$1.32	.96
December 17, 2022	$120.63	$65.24	$55.44	$127.96	$86.63
P/L	133.7%	103.2%	118.5%	129.8%	127.6%