Bank of Nova Scotia Dividend
Dividend criteria checks 6/6
Bank of Nova Scotia is a dividend paying company with a current yield of 6.43% that is well covered by earnings.
Key information
6.4%
Dividend yield
68%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$6.05 |
| Dividend yield forecast in 3Y | 6.6% |
Recent dividend updates
Recent updates
Scotiabank: 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 21Scotiabank appoints Scott Thomson as President and CEO
Sep 26Bank Of Nova Scotia Stock: To Buy Or Not To Buy
Sep 11Bank of Nova Scotia FQ3 2022 Earnings Preview
Aug 22Scotiabank: Why This 5.3% Yield Is A Great Bargain
Jul 27Bank of Nova Scotia: A Great Yield At A Decent Price Point
Jul 20Bank Of Nova Scotia: Dividend Growth Stock To Ride Volatility
May 17Scotiabank: This High-Yielder Is Getting Interesting
Apr 17Scotiabank - Priced A Little Too High
Feb 03Stability 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) | 6.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Banks) | 2.9% |
| Analyst forecast in 3 Years (BNS) | 6.6% |
Notable Dividend: BNS's dividend (6.43%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: BNS's dividend (6.43%) is in the top 25% of dividend payers in the US market (4.62%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.1%), 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 (61.1% payout ratio).