Three cents is a lot at Bank of Nova Scotia

Three cents might not seem like a lot but when it bulks up the dividend at Scotiabank, it is. Bank of Nova Scotia pleased investors today by jumping its dividend by six per cent (52 cents to 55 cents)  signalling confidence that its global diversification strategy will help it weather some of the headwinds the industry is facing. BNS is the most international of Canada’s banks and the third among its sisters to raise its payout to shareholders this earnings season,