Comments on: Increasing Payout Ratio on Banks http://www.thedividendguyblog.com/increasing-payout-ratio-on-banks/ One Guy's Journey to Passive Income Through Dividend Investing Fri, 10 Feb 2012 13:02:29 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Tyler http://www.thedividendguyblog.com/increasing-payout-ratio-on-banks/comment-page-1/#comment-3016 Tyler Wed, 11 Oct 2006 20:04:39 +0000 http://www.thedividendguyblog.com/?p=138#comment-3016 I also agree with the analysis on BNS. I currently hold a position and am kicking myself for not adding more this past summer. I guess those are the breaks. I also agree with the analysis on BNS. I currently hold a position and am kicking myself for not adding more this past summer.
I guess those are the breaks.

]]> By: Jay Walker http://www.thedividendguyblog.com/increasing-payout-ratio-on-banks/comment-page-1/#comment-1014 Jay Walker Wed, 14 Jun 2006 01:00:25 +0000 http://www.thedividendguyblog.com/?p=138#comment-1014 Of course, they talked mainly about the BMO, raising its payout ratio. TD looks like it's retrenching to Canada and retail banking, and CIBC is still recovering from Enron. This leaves RBC, and Bank of Nova Scotia. I personally think that the BNS is the only one with an observable growth strategy - their time in Latin America seems to be paying off - they get about 1/4 of their income there, and fully half of their employees are now located outside Canada. I think they have a good platform for future growth, plus real life experience of blending different cultures into their bank. As to the Royal, they seem to be producing better earnings, but their growth strategy remains mysterious. Finally, BNS stock doesn't appear expensive relative to the others - it's in the middle or lower end of the pack. I believe that 10 years out, they'll have proven to have had the best growth profile. Jay Walker The Confused Capitalist Of course, they talked mainly about the BMO, raising its payout ratio. TD looks like it’s retrenching to Canada and retail banking, and CIBC is still recovering from Enron.

This leaves RBC, and Bank of Nova Scotia. I personally think that the BNS is the only one with an observable growth strategy – their time in Latin America seems to be paying off – they get about 1/4 of their income there, and fully half of their employees are now located outside Canada. I think they have a good platform for future growth, plus real life experience of blending different cultures into their bank.

As to the Royal, they seem to be producing better earnings, but their growth strategy remains mysterious.

Finally, BNS stock doesn’t appear expensive relative to the others – it’s in the middle or lower end of the pack. I believe that 10 years out, they’ll have proven to have had the best growth profile.

Jay Walker
The Confused Capitalist

]]>