Bank of Nova Scotia Dividends and Buybacks
Dividend criteria checks 6/6
Bank of Nova Scotia is a dividend paying company with a current yield of 5.7% that is well covered by earnings. Next payment date is on 29th January, 2025 with an ex-dividend date of 7th January, 2025.
Key information
5.7%
Dividend yield
-2.1%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 6.1% |
| Dividend Growth | 4.6% |
| Next dividend pay date | 29 Jan 25 |
| Ex dividend date | 07 Jan 25 |
| Dividend per share | US$3.019 |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Scotiabank: Still Time To Buy This High-Yielding Blue-Chip Now
Dec 09Bank of Nova Scotia: Fixed Income Vs. Equity Investment
Oct 31Trade Alert: My Top Canadian Bank Pays High Dividends - Scotiabank
Oct 19Bank of Nova Scotia: Still Not The Time To Invest In Banks
Sep 27Scotiabank: This 6%-Yielding Dividend Stock Remains Buyable Now
Aug 29Scotiabank: 3 Reasons To Buy This 7% Yielding Anti-Bubble Blue Chip
Jul 11Scotiabank: A 7%-Yielding Blue Chip Dividend Stock To Buy Now
Jun 21Bank of Nova Scotia: Pressure On Residential Mortgage Loans Remains
Jun 07Scotiabank: Hold Rating Maintained Ahead Of Q2 Earnings
May 21Scotiabank: Appealing 6% Yield With Momentum On Its Side
Apr 01Scotiabank: A Sustainable 6.4% Yield At A Bargain Valuation
Mar 20Bank of Nova Scotia: Stable Fundamentals And High Expected Returns
Feb 06Scotiabank: A 7%-Yielding Ultra SWAN On Sale
Jan 06Scotiabank: Buy The +6% Yield While It's Undervalued
Dec 27Scotiabank: A 7% Dividend You Can Count On
Dec 05It's The Best Time In 4 Years To Buy 7% Yielding Scotiabank
Nov 24Scotiabank's Attractive Valuation
Nov 04Bank of Nova Scotia: Getting Closer To An Entry Point
Oct 18The Bank of Nova Scotia: Canadian Bank With LATAM Exposure For Income-Minded Investors
Sep 27Scotiabank: The 6.4% Yield Is A Gift For Dividend Investors
Sep 14Near 7% Dividend Yield At Bank of Nova Scotia, A Buy Opportunity
Aug 24Scotiabank: Overlooked Risks Discussed
Jul 31Scotiabank: Dark Clouds On The Horizon Make Valuation Incidental
Jul 19Bank Of Nova Scotia Vs. Toronto-Dominion: High-Yield Showdown (Rating Upgrade)
Jun 06Bank of Nova Scotia: High 6% Dividend Yield, Safe Income Investment
May 29Scotiabank launches hybrid robo-adviser platform
Feb 06Bank Of Nova Scotia Is Forming A Bottom And The 6% Yield Looks Enticing
Jan 24Scotiabank: Back In Deep Bargain Territory
Dec 23Scotiabank: A Safe Bet For The Future
Oct 21Stability 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) | 5.7% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (BNS) (up to 3 years) | 6.1% |
Notable Dividend: BNS's dividend (5.7%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: BNS's dividend (5.7%) is in the top 25% of dividend payers in the US market (4.55%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.3%), 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 (56.4% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 08:43 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Bank of Nova Scotia is covered by 32 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Will Chien | Accountability Research Corporation |
| John Aiken | Barclays |
| Brian Morton | Barclays |