2. United Parcel Service United Parcel Service, better known as just UPS, is another dividend stock I'd put on my buying list right now. Its yield is up to 6.7%, and investing $6,000 into it would generate more than $400 in annual dividends. Dividend stocks can provide you with some valuable income on a recurring basis. And the more you invest, the more you can collect in dividends. Given the decline in the stock market of late, now may be a great time for investors to scoop up some quality income stocks at ...

When markets tumble, fear takes hold. Investors often find themselves glued to their screens and stock tickers, watching their portfolios shrink in stock. The CNN Fear & Greed Index is a widely followed market indicator that attemptsHigh Dividend Opportunities, #1 On Seeking AlphaSave yourself thousands of dollars by creating a portfolio that pays you to hold it. No selling required to fund your retirement dreams. Tired of going it alone or visiting a financial advisor who just doesn't seem to care? Join ou ...

Investor Presentation February 25, 2025 Caution Regarding Forward-Looking Statements Forward-looking Statements From time to time, our public communications include oral or written forward-looking statements. Statements of this type are included in this document, and may be included in other filings with Canadian securities regulators or the U.S. Securities and Exchange Commission (SEC), or in other communications. In addition, representatives of the Bank may include forward-looking statements orally to ana ...

The Bank of Nova Scotia (NYSE:BNS) Q1 2025 Earnings Conference Call February 25, 2025 7:15 AM ET Company Participants John McCartney - Head of Investor Relations Scott Thomson - President and Chief Executive Officer Raj Viswanathan - Group Head and Chief Financial Officer Phil Thomas - Group Head and Chief Risk Officer Aris Bogdaneris - Group Head, Canadian Banking Jacqui Allard - Group Head, Global Wealth Management Francisco Aristeguieta - Group Head, International Banking Travis Machen - CEO and Group He ...

Group 1 - Bank of Nova Scotia (BNS) reported quarterly earnings of $1.22 per share, exceeding the Zacks Consensus Estimate of $1.17 per share, but down from $1.25 per share a year ago, representing an earnings surprise of 4.27% [1] - The bank's revenues for the quarter ended January 2025 were $6.47 billion, surpassing the Zacks Consensus Estimate by 4.57%, compared to $6.24 billion in the same quarter last year [2] - Over the last four quarters, Bank of Nova Scotia has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Group 2 - The stock has underperformed the market, losing about 5.8% since the beginning of the year, while the S&P 500 has gained 1.7% [3] - The current consensus EPS estimate for the upcoming quarter is $1.19 on revenues of $6.17 billion, and for the current fiscal year, it is $4.90 on revenues of $25.24 billion [7] - The Zacks Industry Rank for Banks - Foreign is currently in the bottom 35% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8]

Financial Performance - Net interest income for Q1 2025 was $5,173 million, an increase from $4,923 million in Q4 2024 and $4,773 million in Q1 2024[21]. - Total revenue reached $9,372 million, up from $8,526 million in Q4 2024 and $8,433 million in Q1 2024[21]. - Net income attributable to common shareholders decreased to $1,025 million from $1,521 million in Q4 2024 and $2,066 million in Q1 2024[21]. - Basic earnings per share for Q1 2025 was $0.82, down from $1.23 in Q4 2024 and $1.70 in Q1 2024[21]. - Adjusted net income for Q1 2025 was $2,362 million, compared to $2,119 million in Q4 2024[21]. - Reported net income for the three months ended October 31, 2024, was $1,689 million, with net income attributable to common shareholders at $1,521 million[39]. - Adjusted net income for the same period was $2,119 million, with adjusted net income attributable to common shareholders at $1,951 million[39]. - The reported net income for Q1 2025 was $993 million, a decrease of 55% compared to $2,199 million in Q1 2024, primarily due to higher non-interest expenses including a $1,362 million impairment loss[79]. - Adjusted net income increased by 7% to $2,362 million from $2,212 million in the previous year, driven mainly by higher revenues[100]. Revenue and Income Breakdown - Non-interest income increased by 15% to $4,199 million, primarily due to higher trading-related revenues and wealth management revenues[105]. - Total revenue for Q1 2025 was $3,412 million, an increase of $187 million or 6% compared to Q1 2024[134]. - Net interest income rose to $2,647 million, up $156 million or 6%, primarily due to asset and deposit growth[134]. - Non-interest income increased to $765 million, a rise of $31 million or 4%, driven by higher private equity gains and mutual fund distribution fees[135]. - Total revenue for Q1 2025 was $1,594 million, up 23% from $1,293 million in Q1 2024[203]. Credit Losses and Provisions - The provision for credit losses was $1,162 million, compared to $1,030 million in Q4 2024 and $962 million in Q1 2024[21]. - The provision for credit losses increased to $1,162 million in Q1 2025 from $962 million in Q1 2024, representing a $200 million increase[108]. - The provision for credit losses on performing loans rose to $98 million in Q1 2025, compared to $20 million in Q1 2024, primarily due to credit migration in retail unsecured lines and corporate portfolios[109]. - Provision for credit losses was $538 million, an increase of $160 million compared to $378 million in Q1 2024, with a provision ratio of 47 basis points[138]. - Provision for credit losses for Q1 2025 was $18 million, compared to $5 million in Q1 2024, reflecting credit migration and a negative macroeconomic outlook[206]. Expenses and Efficiency - Non-interest expenses rose to $6,491 million in Q1 2025, up 22.6% from $5,296 million in Q4 2024[29]. - Non-interest expenses were $6,491 million in Q1 2025, up $1,752 million or 37% year-over-year, including an impairment loss of $1,362 million related to the sale of banking operations in Colombia, Costa Rica, and Panama[113]. - The productivity ratio increased to 69.3% from 62.1% in Q4 2024, indicating higher non-interest expenses relative to revenue[21]. - The adjusted productivity ratio was 54.5% in Q1 2025, down from 56.0% in Q4 2024, reflecting challenges in managing costs[116]. Capital and Assets - The Common Equity Tier 1 (CET1) capital ratio was 12.9%, slightly down from 13.1% in Q4 2024[21]. - Total assets increased to $1,439,151 million from $1,412,027 million in Q4 2024[21]. - Average total assets for the consolidated bank increased to $1,460,615 million as of January 31, 2025, from $1,418,795 million as of October 31, 2024[53]. - Average assets increased by $15 billion to $460 billion in Q1 2025, driven by a $10 billion increase in residential mortgages[130]. Market and Economic Outlook - The economic outlook indicates a slowdown in U.S. GDP growth to 1.9% in 2025 from 2.8% in 2024, influenced by trade policy uncertainties[91]. - The Canadian economy is expected to grow by 1.8% in 2025, supported by lower policy rates despite trade uncertainties from the U.S.[92]. Strategic Initiatives - The Bank completed an acquisition of approximately 14.9% ownership interest in KeyCorp for about $2.8 billion, with the additional investment of approximately $2.0 billion completed on December 27, 2024[81][82]. - The company aims to enhance its market position through strategic adjustments and potential acquisitions in the upcoming quarters[44].

Turnaround Investing and Dividend Yields - Turnaround investing is attractive due to the potential for long-term survival and growth, especially when combined with high dividend yields [1][2] - Aggressive income investors may consider Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), and EPR Properties (EPR) for their high yields and turnaround potential [2] Toronto-Dominion Bank (TD) - TD Bank is one of Canada's largest banks, operating conservatively due to heavy regulation, with a historically high dividend yield of 5.1% [3] - The US banking operations face challenges, including a large fine for money laundering controls, an asset cap, and slower growth prospects [4][5] - Despite US regulatory issues, TD Bank increased its dividend, indicating stability, and its strong Canadian business provides a fallback [6] Bank of Nova Scotia (BNS) - Scotiabank is another major Canadian bank with a strong foundation and a high dividend yield of 5.3% [7] - The bank is refining its strategy by exiting underperforming South American markets and reinvesting in the US, including a recent 15% stake in KeyCorp [8][9] - Management is taking quick action, but the market remains cautious due to years of lagging performance [10] EPR Properties (EPR) - EPR Properties is a REIT focused on experiential properties, heavily impacted by the pandemic, with 36% of rents coming from struggling movie theaters [11][12] - The company has reworked its portfolio, improved tenant rent coverage to 2.6x from 2.0x in 2019, and reinstated a dividend with a payout ratio of 66% in Q3 [12][13] - EPR offers a high dividend yield of 7.3%, making it an attractive option for investors willing to take on some risk [13] Overall Investment Opportunity - TD Bank, Scotiabank, and EPR Properties are all in turnaround phases, with high dividend yields and potential for recovery [14] - Each stock is priced below $500, offering accessible entry points for investors [14]

Core Viewpoint - Scotiabank has agreed to transfer its banking operations in Colombia, Costa Rica, and Panama to Davivienda, while also acquiring a 20% equity stake in Davivienda through newly issued shares, aiming to enhance profitability and operational efficiency in its international banking markets [1][2][5]. Group 1: Transaction Details - Scotiabank will acquire approximately 20% equity stake in Davivienda through a mix of common and preferred shares, allowing it to appoint board members proportional to its ownership [2]. - The deal includes a mutual referral agreement enabling Scotiabank to service its Corporate, Wealth, and Global Banking clients within Davivienda's operational regions [3]. - The transaction is expected to be completed in about 12 months, pending regulatory approvals [3]. Group 2: Financial Impact - Scotiabank will recognize an after-tax impairment loss of approximately C$1.4 billion in Q1 of fiscal 2025, which may reduce its common equity tier 1 (CET1) ratio by 10-15 basis points [4]. - An additional loss of C$300 million is anticipated upon closure due to cumulative foreign currency translation losses [4]. - The deal is projected to be neutral to Scotiabank's capital, with a potential increase in earnings in the coming years and an estimated increase in CET1 ratio by 10-15 bps due to reduced risk-weighted assets [6]. Group 3: Strategic Rationale - The transaction aligns with Scotiabank's five-year plan to boost profitability in international markets and enhance operational efficiency in non-core areas [5]. - The agreement supports Scotiabank's strategy to create a connected value proposition focused on growth markets in North America and Latin America [5]. - Francisco Aristeguieta, Group Head of International Banking, emphasized that this agreement advances the execution plan towards sustainable and higher returns across international markets [6]. Group 4: Market Performance - Scotiabank's shares have increased by 18.8% over the past six months, outperforming the industry growth of 3.5% [7].

Group 1 - The company is offering a 17% discount and a 14-day free trial on its annual price of $599.99 [1] - High Dividend Opportunities (HDO) is the largest community of income investors and retirees, boasting over 8,000 members [2] - The Income Method employed by HDO generates strong returns, making retirement investing less stressful and straightforward [2] Group 2 - HDO targets a yield of 9-10% through its Model Portfolio, appealing to investors seeking reliable income [1][2] - The community aims to attract more members to enhance its lively group dynamic [2]

Company Overview - Bank of Nova Scotia, also known as Scotiabank, has seen its stock decline approximately 25% from its 2022 peak due to its minimal presence in the U.S. market [1] - The bank has a strong dividend yield of nearly 5.4%, significantly higher than the S&P 500's yield of about 1.2% and the average bank's yield of 2.1% [2] - Scotiabank has a long history of paying dividends since 1833 and maintains an investment-grade-rated balance sheet [3] Regulatory Environment - Canadian banking regulations are more stringent than those in the U.S., resulting in a few large banks, including Scotiabank, that enjoy protected market positions and conservative operating models [4] Growth Strategy - Scotiabank has historically focused on expanding into Latin America rather than the U.S., which has led to lagging performance compared to its Canadian peers in earnings growth and return on equity [5][7] - The bank is now shifting its strategy to reduce exposure to less desirable markets and increase its presence in the U.S. market, including a recent acquisition of a roughly 15% stake in KeyCorp [6][8] Market Performance - Following the announcement of the KeyCorp investment in August 2024, Scotiabank's shares have risen over 20%, although they still have not fully recovered from previous losses [9] - The current high dividend yield presents a low-risk turnaround opportunity for investors, making Scotiabank an attractive long-term hold [9][10]