RE:RE:RE:RE:RE:RE:Can anyone say $50s soon? While you may be correct, the targeted dividend payout ratio for bns is a max of 50% - based on fiscal 2023 that ratio is tracking more into the low 60's - 64% to be precise - the current yield and comparative pricing of bns imo is saying no dividend growth for at least 2 years so you need to trend that impact out.
Cibc for example has a below target payout ratio expected for 2023 so even though the yield is currently lower, if they raise for 2 years and bns is flat, you should be ahead with cibc - in theory of course
corvette67 wrote: They have paid consecutive dividends since 1833 or 190 years which includes a depression and all recessions. I woldn't worry about it. Get it while its' cheap. GLTA