Bank of Nova Scotia announced a dividend increse of 2,4%. The dividend goes up from CAD 0,85 to CAD 0,87 per quarter.
I have 32 shares of Bank of Nova Scotia so my yearly dividend income will increase with CAD 1,66.
As a result of the dividend increase the yield on cost is now 4,89% for me. This is the 18th dividend increase this year for me.