Bank of Nova Scotia Dividend Stock Analysis 2017

Bank of Nova Scotia (BNS) is the third largest of the Canadian banks by market cap. The company provides a diversified array of financial services operating via four segments: Canadian Banking, International Banking, Global Banking and Markets, and Other. Scotiabank, as it is commonly known, is the most international of the Canadian banks with an extensive operation outside Canada. BNS was founded in 1832 and is headquartered in Halifax, Canada.

A Closer Look

Bank of Nova Scotia’s peers include Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Bank of Montreal (BMO), and Canadian Imperial Bank of Commerce (CM)

The Canadian banks are regarded as some of the safest financial institutions in the world. The companies have a long track record of being conservative and focused on long-term stability and prosperity. Most of these institutions have existed and paid dividends for more than 150 years and make for great core positions in any investor’s portfolio.

Bank of Nova Scotia is touted as the most international of the Canadian banks and is well diversified across various geographies. Over the last few years, the bank has decided to pull back from some Latin American markets, but has increased its exposure to other countries such as Mexico, as it sees better opportunity.

Continue Reading >

Top Dividend Raises & Cuts for April 2017

Dividend growth investing is a popular model followed by the investing community to build assets. Companies which not only pay dividends, but raise them year after year have been shown to perform better overall for investor returns. On the flip side, it is also important to keep an eye on the dividend cuts, which could signal troubling times ahead for a company. This post captures the announcements of changes in dividend amount for the week – both increases and cuts.

Note that only $2B+ (Midcap+) companies are included in this list.

Continue Reading Here >

Passive Income Update – Apr 2017

Welcome to our monthly passive income update for April 2017. This is part of the scorecard series where we track our dividends and other sources of passive income. We also include changes and updates related to our investments during the month – showing the overall progress.

Passive Income  Update

Passive income for the month of April 2017 was C$594.72. The passive income for the month comprised of US$107.65 and C$447.24 (exchange rate is US$1 = C$1.37).

Passive income change is -8.73% QoQ and -6.70% YoY for the month. The passive income YTD is $2,661.92 and achieves 26.6% of our annual goal of earning $10K.

Continue reading

Outlook for May 2017

Things have been chugging along in the markets. As regular readers may have noticed, I have been fairly inactive in my posts on this blog. My work has been very demanding lately and I havent had enough time to dedicate to write new posts and share with you. In fact, I havent been able to follow the markets either….which isn’t a bad thing….taking a break from the lunacy of the stock and bond markets allows me to focus my attention elsewhere. 
Continue reading