Q: Just wanted to make you and your readers aware. BNS indicated they will not be raising their dividend for the entire year. They will not be considering an increase until 1 year from now. This bank raised twice a year for years. Then, in 2022 they only raised once by a small amount. Same story in 2023: only 1 small raise. Now, no raise at all for the entire year.
Please note that dividend increases are important to retirees.
Please note that dividend increases are important to retirees.
5i Research Answer:
Thank you; BNS had indicated that it will resume dividend growth in the 'second quarter of 2025'.