Quote:
Originally Posted by CroFlames
I put some more money into BNS today (Scotiabank).
They are down considerably, and they pay a handsome dividend of 6%+. Until things finally settle, I trust Canadian banks will get thru this like they did in 2009.
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All Canadian bank and REIT dividends look huge right now but it's unrealistic to expect them to be paid-out at that levels. I've no doubts, they will have to be adjusted down significantly to historically supportable levels (3-4% for Tier-1 banks and 4-8% for REITs).
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"An idea is always a generalization, and generalization is a property of thinking. To generalize means to think." Georg Hegel
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