7 Dividend Stocks to Grow Your Nest Egg
Help secure your retirement with these safe, high-yield stocks
#2 – Bank of Nova Scotia (BNS)
|I am very bullish on our resource rich neighbors to the north, and particularly impressed with the Bank of Nova Scotia (NYSE: BNS). Known as Scotiabank, BNS recently purchased the Colombian operations of the Royal Bank of Scotland (NYSE: RBS), expanding its considerable presence in South America. Prudent management at BNS has been good for shareholders, while the reckless risk-taking at RBS had predictable results. Scotiabank has outperformed the market handily, including a 4% gain year-to-date compared with a slide of about 4% for the broader market. Top it off with a 3.8% dividend yield, and you have yourself a good low-risk buy.
||Louis Navellier’s Top Stocks for the 4th Quarter Surge
Article printed from InvestorPlace Media, http://investorplace.com/2010/08/high-yield-dividend-stocks-for-retirement/.
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