BNS OFF $4.11 to $67.42 Well at Least the Dividend is BetterGuys that liked the dividend % yield at $80 will love it here. So for everyone that followed the revert to mean, Dog of the Dow, buy the one trading at a large discount to its peers, even if it has been doing that for years method, are you thinking it may be time to consider a new strategy. My view, I buy the best one or two run companies in any industry. Over time they will always outperform. Same applies to banking.
No idea what RY and TD will post for results but I am willing to say that my opinion is, it is going to be a lot better than this. Unfortunately for the new CEO, this is only the beginning of the bad news that is going to roll out over the next 12 months for BNS.