Scotiabank

BNS

Market cap $90.3B

The Bank of Nova Scotia (BNS:CA) Presents at RBC Capital Markets Canadian Bank CEO Conference Transcript

Bank of Nova Scotia is a low-risk turnaround with a lofty 4.2% yield. Brookfield Renewable Partners is a clean energy leader with a 5.3% yield.

Bank of Nova Scotia is a Canadian banking giant with a 4.2% yield. Net lease REIT W.P.

I trimmed positions in NVDA and AMD due to valuation concerns and overexposure, favoring BDCs like ARCC, OBDC, and HTGC for yield. November dividend income reached a record $653, up 5% Y/Y, with BDCs now comprising 33% of total dividends despite potential sector-wide dividend cuts. My 2025 target is $11,000 in annual net dividends (8% growth), with flexibility to raise capital for real estate or travel if opportunities arise.

Bank of Nova Scotia remains a buy due to robust fundamentals, stable capital ratios, and an attractive 4.4% dividend yield. BNS's diversified loan book and high-quality capital (CET1 ratio 13.2%) insulate it from macroeconomic volatility and potential deposit runs. Despite appearing overvalued, BNS's price trend aligns with revenue and book value growth, supporting the uptrend's sustainability.

In October, we (my wife and I) received a dividend income total of $3,948.78. Crushing it for an off-month – thanks to Vanguard (VOO) and Fidelity (FXAIX) for paying in October. We had quite a few dividend increases this month. So fortunate to be getting raises from companies and having the stocks of companies I own do all of the work. In total, dividend increases created $92.48 in additional passive dividend income.

Realty Income is a reliable and boring dividend payer with a 5.5% yield. Bank of Nova Scotia is a turnaround story with a 4.4% yield and a dividend history spanning nearly 200 years.

Enterprise Products Partners is a toll taker with a huge 6.7% distribution yield. Bank of Nova Scotia is a low-risk turnaround story with an attractive 4.6% yield.

Enterprise Products Partners has a lofty 6.8% yield, backed by a reliable fee-based business. Bank of Nova Scotia, with a 4.5% yield, is in the midst of a turnaround, and the effort is progressing well.

Bank of Nova Scotia (BNS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.