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 > Not liking the numbers today.

<< Previous

Bullboard Posts

Next >>

Comment by NonCredibleSrcon Nov 28, 2023 11:43am

313 Views

Post# 35756401

RE:RE:RE:Not liking the numbers today.

10% divvy would indicate a stock price of $40.60 - which we are no where near.

Will they pay a 10% divvy? No. But in my opinion, it's not because the share price falls to that $40.60 value - it's because the share price appreciates in value over the next couple of years.

In March of 2020 BNS hit a low of $46.38. Divvy at the time was $.90 per share or better that 7.7%.

mbuch wrote:
The unprecedented financial situation we are in will last years not quarters. Almost twice as much money out there now following the same amount of goods. Hmmmm

BNS will not pay a 10% dividend. Something is gonna give.

FiddyFiddyShot wrote: A couple of bad quarters is criteria for a dividend cut ?

Really ?? You sure ??