Bank of Nova Scotia Dividend

Dividend criteria checks 6/6

Bank of Nova Scotia is a dividend paying company with a current yield of 6.66% that is well covered by earnings. Next payment date is on 29th July, 2024 with an ex-dividend date of 3rd July, 2024.

Key information

6.7%

Dividend yield

70%

Payout ratio

Industry average yield5.0%
Next dividend pay date29 Jul 24
Ex dividend date03 Jul 24
Dividend per sharen/a
Earnings per shareCA$5.99
Dividend yield forecast in 3Y7.0%

Recent dividend updates

Bank of Nova Scotia (TSE:BNS) Will Pay A Dividend Of CA$1.06

Jun 14
Bank of Nova Scotia (TSE:BNS) Will Pay A Dividend Of CA$1.06

Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$1.06

May 31
Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$1.06

Recent updates

Bank of Nova Scotia (TSE:BNS) Will Pay A Dividend Of CA$1.06

Jun 14
Bank of Nova Scotia (TSE:BNS) Will Pay A Dividend Of CA$1.06

Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$1.06

May 31
Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$1.06

Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.06

Jun 21
Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.06

With EPS Growth And More, Bank of Nova Scotia (TSE:BNS) Makes An Interesting Case

Jul 07
With EPS Growth And More, Bank of Nova Scotia (TSE:BNS) Makes An Interesting Case

Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.03

Jun 02
Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.03

Is Now The Time To Put Bank of Nova Scotia (TSE:BNS) On Your Watchlist?

Apr 05
Is Now The Time To Put Bank of Nova Scotia (TSE:BNS) On Your Watchlist?

Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$0.90

Sep 24
Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$0.90

Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$0.90

Sep 10
Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$0.90

Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$0.90

Aug 27
Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$0.90

Upcoming Dividend Payment

TodayJun 16 2024Ex Dividend DateJul 03 2024Dividend Pay DateJul 29 202426 days from Ex DividendBuy in the next 17 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: BNS's dividends per share have been stable in the past 10 years.

Growing Dividend: BNS's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Bank of Nova Scotia Dividend Yield vs Market
How does BNS dividend yield compare to the market?
SegmentDividend Yield
Company (BNS)6.7%
Market Bottom 25% (CA)1.9%
Market Top 25% (CA)6.4%
Industry Average (Banks)5.0%
Analyst forecast in 3 Years (BNS)7.0%

Notable Dividend: BNS's dividend (6.66%) is higher than the bottom 25% of dividend payers in the Canadian market (1.87%).

High Dividend: BNS's dividend (6.66%) is in the top 25% of dividend payers in the Canadian market (6.39%)


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (69.7%), BNS's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BNS's dividends in 3 years are forecast to be covered by earnings (61.3% payout ratio).


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