Bank of Nova Scotia Dividends and Buybacks
Dividend criteria checks 5/6
Bank of Nova Scotia is a dividend paying company with a current yield of 5.58% that is well covered by earnings.
Key information
5.6%
Dividend yield
-2.1%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 5.9% |
| Dividend Growth | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$4.240 |
| Payout ratio | 73% |
Recent dividend and buyback updates
Bank of Nova Scotia (TSE:BNS) Is Paying Out A Dividend Of CA$1.06
Aug 30
Bank of Nova Scotia (TSE:BNS) Will Pay A Dividend Of CA$1.06
Jun 14Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$1.06
May 31Recent updates
Bank of Nova Scotia (TSE:BNS) Is Paying Out A Dividend Of CA$1.06
Aug 30Bank of Nova Scotia (TSE:BNS) Will Pay A Dividend Of CA$1.06
Jun 14Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$1.06
May 31Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.06
Jun 21With EPS Growth And More, Bank of Nova Scotia (TSE:BNS) Makes An Interesting Case
Jul 07Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.03
Jun 02Is Now The Time To Put Bank of Nova Scotia (TSE:BNS) On Your Watchlist?
Apr 05Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BNS) | 5.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Banks) | 4.2% |
| Analyst forecast (BNS) (up to 3 years) | 5.9% |
Notable Dividend: BNS's dividend (5.58%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: BNS's dividend (5.58%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.2%), 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 (56.3% payout ratio).