Scotiabank (BNS) Announces Dividend
So BNS announced some great financial results and increased its dividend from $1 per quarter to $1.03.
The company announced profits of CA$2.18 per share for the quarter, and CA$1.03 will be given as a dividend.
Other banks like Royal Bank and CIBC also announced strong earnings. The rising interest rates from the Bank of Canada have not had an effect on bank profits yet.