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Bullboard - Stock Discussion Forum Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

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... see more

TSX:BNS - Post Discussion

Bank of Nova Scotia > Div increase on fiscal year end?
View:
Post by NonCredibleSrc on Oct 15, 2024 2:14pm

Div increase on fiscal year end?

What are the thoughts on a div increase announced with Q4/YE numbers?

We are currently 6 quarters at this div rate - second longest time period they have maintained since 2000. Rates are coming down making loan losses slightly less concerning. Perhaps the removal of the DRIP bonus sets up well for this?

Love to hear thoughts.
Comment by cajansurfer on Oct 16, 2024 10:52am
Dividend increases are usualy announced in the second quarter.However, if they change it I will gladly take it. 
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