What I'm Watching With BNS Right Now
I have owned Bank of Nova Scotia (NYSE: BNS) for a number of years now. In fact, I recently added to my position in the Canadian financial giant. Here are the big things I'm watching with this high-yield dividend stock and why I'm positive enough about the future to have bought more shares.
The core of Bank of Nova Scotia's business is its large Canadian banking operation. Scotiabank, as it is more commonly known, is one of a handful of Canadian giants that, basically, have protected positions in the market because of the country's strict regulatory regime. Canadian banking rules have also led to a generally conservative ethos at Scotiabank and its main rivals. Canada provides a solid business foundation.
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Source Fool.com
