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Stock impact report

1 Cheap Canadian Dividend Stock Down X% to Buy and Hold [Yahoo! Finance Canada]

Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS) 
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am Check Earnings Report
Right now, I'm all about finding defensive dividend stocks with incredible long-term growth potential. Finding such stocks which are trading at valuations that are historically attractive — that's next level. There are plenty of undervalued dividend stocks to choose from, but I think Bank of Nova Scotia TSX:BNS ) could be among the best such picks in the market. Trading around 10% below its recent 52-week high, this is a stock I think provides not only significant capital appreciation potential over time but also a whopping 4.4% dividend yield to boot. Let's dive into why this stock is worth buying and holding on this dip, in my view. Solid dividend supported by robust fundamentals This 4.4% dividend yield Scotiabank offers is the best of its large-cap peers. Indeed, on that front alone, I think investors have a solid rationale to consider adding exposure to this name. That said, there's also a solid fundamental story to explore with this top-tier Canadian bank. With strong Show less Read more
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