![]() While theoretically beneficial, the bank's international exposure has tended to be more of a headwind than tailwind. The international exposure gives the bank the potential for higher growth and return opportunities compared with peers, but it also exposes the bank to more risks, as we've seen during the pandemic. The bank has been reworking its Latin America footprint, making acquisitions in markets it likes (Chile, Colombia) while reducing exposure to businesses and geographies that are less favorable as it attempts to consolidate better share within the area. The bank has been expanding its domestic wealth operations significantly with its acquisitions of MD Financial and Jarislowsky Fraser, making it the third-largest active manager in Canada. Its domestic operations are more concentrated in mortgages and auto lending, with leading market share in autos. It is known as Canada’s most international bank as it derives a little over half of its revenue from Canada, over 40% from international operations (primarily Latin America, namely Mexico, Peru, and Chile), and a single-digit percentage from the United States. The Fly Sunnova Energy put volume heavy and directionally bearish. That’s not far off the 12-month low around 57.50 and significantly down from the 93 the stock fetched in early 2022. Opinions expressed herein are subject to change without notice.Michael Miller, Eric Compton Nov 30, 2023īank of Nova Scotia is the third-largest Canadian-based bank by assets and one of six Canadian banks that collectively hold almost 90% of the nation's banking deposits. Bank of Nova Scotia stock trades near 60 per share at the time of writing. ![]() NovaPoint Capital makes no warranties or representations as to the accuracy of this post. ![]() While NovaPoint Capital uses reasonable efforts to include accurate and up-to-date information in this post, errors or omissions sometimes occur. More information can be found on our website at: We also provide sub-advisory services for other investment advisors. The previous Bank Of Nova Scotia (BNS) dividend was 106c and was paid 27 days ago. Sign up for Bank Of Nova Scotia and well email you the dividend information when they declare. We manage investment portfolios for institutions and individuals. Our premium tools have predicted Bank Of Nova Scotia with 94 accuracy. ![]() NovaPoint Capital LLC ( is a state Registered Investment Advisor based in Atlanta, Georgia. The average track record of dividend increases for companies in our current portfolio is thirty-one years. Our research shows that a portfolio of companies with track records of raising their dividends has, on average, produced total returns higher than both the market and their non-dividend paying peers. Our Strategy seeks to own high-quality, dividend-paying stocks with a track record of annual dividend increases. Pentair is one of the stock holdings in NovaPoint Capital’s Dividend Growth Strategy. The payment schedule is $0.33/share per quarter for each of the first two quarters of 2016 and $0.34/share per quarter for each of the last two quarters. This is the 40th consecutive year the company has raised its dividend. NovaPoint Capital this week, the Board of Directors of Pentair (ticker: PNR) announced an increase in the 2016 dividend on the company’s common stock to $1.34 from $1.28, a 4.7% increase.
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