Q: Reading your response on National bank (NA) dating Feb 21, 2013, you were right on the money re its growth outlook. Their financial results were somewhat "boring" - neither up/nor down which is in-line with your comments. Other than distributino of dividends (and possibly peace of mind), would you see any other reason to own this stock. Some of the other banks such as TD and RBC seem to be firing on all cylinders. And would Scotia or one of the other banks probably offer a good mix between National Bank and one at the opposite extreme? Thanks again.
Q: Hi everyone, happy new year and thanks for all the great work. Please explain the significance of a negative payout ratio. Example; BNS has a negative payout ratios as per Globe & Mail. AT&T and Verizon also have negative payout ratios as well.
Is this a mistake in data by Globe & mail? Thanks