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.

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2 thoughts on “Bank of Nova Scotia Dividend Stock Analysis 2017

  1. Thanks for your analysis on this one, appreciate you taking the time to share. The recent pause in banks is certainly interesting.

    • Happy to share, Jay. Canadian banks are an interesting point — they seem fairly valued, but there are also some dark horizons with the Canadian real estate market. Interesting times…


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