Blue Chips and Billionaires Quietly Investing in "The New Oil"

They're as essential to the tech and AI revolutions as oil was to the industrial revolution. Known as rare earth elements or REEs, these relatively unheard of commodities are essential to semiconductor chips, renewable energy, electric vehicles, and more.

My No. 1 Oil Play for 2024

The Bank of Nova Scotia
NYSE:BNS
$51.405

Financials

Profit Margin0.27
Return on Assets0.01
Return on Equity0.10
Earnings Per Share5.12
Gross Profit25,252,000,000
Quarterly Revenue Growth0.01

General

NameThe Bank of Nova Scotia
TickerBNS
ExchangeNYSE
SectorFinancial Services
IndustryBanks-Diversified
CurrencyUSD
CountryUSA
Fiscal Year EndOctober
Full Time Employees89,808

About The Bank of Nova Scotia

The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Banking and Markets, and Global Wealth Management segments. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small businesses and commercial customers, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides Internet, mobile, and telephone banking services. The company operates a network of 952 branches and approximately 3,540 automated banking machines in Canada; and approximately 1,400 branches, 5,200 ATMs, and 22 contact centers internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.

Dividend

The Bank of Nova Scotia pays out a dividend of $2.47 per share, with a dividend yield of 8.12%.

BNS's last dividend payment was made to shareholders on April 28, 2021.

They pay out 66.44% of their earnings out as a dividend.

Recent Dividends

Jan 29, 2024$1.06
Oct 27, 2023$1.06
Jul 27, 2023$1.06
Apr 26, 2023$1.03
Jan 27, 2023$1.03
Oct 27, 2022$1.03
Jul 27, 2022$1.03
Apr 27, 2022$1
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