Bank of Nova Scotia Dividend
Dividend criteria checks 6/6
Bank of Nova Scotia is a dividend paying company with a current yield of 6.74% that is well covered by earnings.
Key information
6.7%
Dividend yield
72%
Payout ratio
Industry average yield | 4.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$5.76 |
Dividend yield forecast | 6.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BNS.PRI's dividends per share have been stable in the past 10 years.
Growing Dividend: BNS.PRI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Bank of Nova Scotia Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BNS.PRI) | 6.7% |
Market Bottom 25% (CA) | 1.8% |
Market Top 25% (CA) | 5.9% |
Industry Average (Banks) | 4.4% |
Analyst forecast (BNS.PRI) (up to 3 years) | 6.9% |
Notable Dividend: BNS.PRI's dividend (6.74%) is higher than the bottom 25% of dividend payers in the Canadian market (1.98%).
High Dividend: BNS.PRI's dividend (6.74%) is in the top 25% of dividend payers in the Canadian market (6.38%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.6%), BNS.PRI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BNS.PRI's dividends in 3 years are forecast to be covered by earnings (59.4% payout ratio).