Scotiabank targets key growth areas

Bank of Nova Scotia continues to expand in two main areas: Latin America and wealth management. This includes recent acquisitions of banking operations in Chile and Peru as well as its $950 million all-stock purchase of wealth management firm Jarislowsky Fraser. These additions further diversify… Read More

Stanley’s top brands offset its acquisition risk

STANLEY BLACK & DECKER INC. $140 (New York symbol SWK; Income Portfolio, Manufacturing & Industry sector; Shares o/s: 153.0 million; Market cap: $21.4 billion; Price-to-sales ratio: 1.6; Divd. yield: 1.9%; TSINetwork Rating: Average; is one of the world’s largest makers of hand and power tools for… Read More

Dividend Advisor Hotline – Friday, May 25, 2018

TORONTO-DOMINION BANK, $76.40, Toronto symbol TD, raised its quarterly dividend 11.7% with the May 2018 payment. Investors now receive $0.67 a share, instead of $0.60. The new annual rate of $2.68 yields 3.5%.

The bank also reported-stronger-than-expected earnings for its fiscal 2018 second quarter, which ended… Read More