The Bank of Nova Scotia is the 3rd largest bank in Canada and is only the second Canadian bank stock to increase their dividend since the recession.
Jim Cramer is recommending that conservative investors take a look at Canadian bank stocks that offer less headline risk.
The impressive dividend hike shows that Dr. Pepper Snapple is getting serious about dividends.
One of our favorite Canadian dividend plays is the Bank of Montreal, which we view as the safest Canadian dividend stock.
Dividend stock investors tend to focus exclusively on American blue chip stocks often to their own chagrin.