Bank of Nova Scotia: High- Yield
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one ScotiabankThe Motley Fool
•Did This High-Yield Stock Just Change the Playing Field?
77% Informative
Bank of Nova Scotia ( NYSE : BNS ) has lagged relative to its Canadian bank peers.
The average bank has a dividend yield of around 2.5% , using the SPDR S&P Bank ETF ( NYSEMKT : KBE ) as an industry proxy.
Despite being one of the largest banks in Canada , Scotiabank is offering a yield of 6.1% , more than twice the yield of the average bank.
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