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

Alternate Symbol(s):  BNS

Financial Services
The Bank of Nova Scotia is a bank in the Americas. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. Its segments include Canadian Banking, International Banking, Global Wealth Management and Global Banking and Markets. The Canadian Banking segment... 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. 
Bank of Nova Scotia
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