Is The Bank of Nova Scotia stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, The Bank of Nova Scotia pays dividends. Last time was Monday 29th of January 2024 where the investors holding the stock on Tuesday 2nd of January 2024 were paid $0.30312 per share. Over the last 15 times between 2020 and 2024, The Bank of Nova Scotia has paid $4.5468 with an average of $0.3 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for The Bank of Nova Scotia 10 years ago, but if you had invested on Tuesday 19th of May 2020 when the price was $12.38, you would have made a profit of $2.62 per share or 21.16%
We do not have enough data to give you this answer.
The Bank of Nova Scotia has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.09, the company's ability to pay off the debt is limited. The Bank of Nova Scotia has a very good net profit margin of 22.21% and should have very high tolerances against inflation.
We have calculated the inflation risk for The Bank of Nova Scotia to be low [0.45 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.