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 > 7.55% dividend

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Comment by Puma1backon Oct 27, 2023 1:23pm

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Post# 35704450

RE:RE:7.55% dividend

BNS though is being run by a non-bbanker and if 2024 net incomes are similar to 2023, you could be seeing BNS & CM hitting a second consecutive year where payout ratio is 10 to 15% above targeted ratios.

1condor wrote: Banks are solid...there will be no divvy cuts. You are letting your emotions drive your investment decisions....dont do this. Relax and ride this through.

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