The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates in four segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides online, mobile, and telephone banking services. The company operates a network of 954 branches and approximately 3,766 automated banking machines in Canada; and approximately 1,300 branches and a network of contact and support center internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.
Bank of Nova Scotia Dividend Announcement
• Bank of Nova Scotia announced a quarterly dividend of $0.79 per ordinary share which will be made payable on 2024-10-29. Ex dividend date: 2024-10-02
• Bank of Nova Scotia annual dividend for 2024 was $3.14
• Bank of Nova Scotia annual dividend for 2023 was $3.11
• Bank of Nova Scotia's trailing twelve-month (TTM) dividend yield is 5.95%
• Bank of Nova Scotia's payout ratio for the trailing twelve months (TTM) is 75.29%
• Bank of Nova Scotia's dividend growth over the last five years (2018-2023) was 4.12% year
• Bank of Nova Scotia's dividend growth over the last ten years (2013-2023) was 5.49% year
Bank of Nova Scotia Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-02 | $0.79 | quarterly | 2024-10-29 |
| 2024-07-03 | $0.78 | quarterly | 2024-07-29 |
| 2024-04-01 | $0.78 | quarterly | 2024-04-26 |
| 2024-01-02 | $0.80 | quarterly | 2024-01-29 |
| 2023-09-29 | $0.79 | quarterly | 2023-10-27 |
| 2023-07-05 | $0.80 | quarterly | 2023-07-27 |
| 2023-04-03 | $0.76 | quarterly | 2023-04-26 |
| 2023-01-03 | $0.76 | quarterly | 2023-01-27 |
| 2022-10-03 | $0.74 | quarterly | 2022-10-27 |
| 2022-07-05 | $0.80 | quarterly | 2022-07-27 |
| 2022-04-04 | $0.80 | quarterly | 2022-04-27 |
| 2021-12-31 | $0.79 | quarterly | 2022-01-27 |
| 2021-10-04 | $0.71 | quarterly | 2021-10-27 |
| 2021-07-06 | $0.73 | quarterly | 2021-07-28 |
| 2021-04-05 | $0.72 | quarterly | 2021-04-28 |
| 2021-01-04 | $0.71 | quarterly | 2021-01-27 |
| 2020-10-05 | $0.68 | quarterly | 2020-10-28 |
| 2020-07-06 | $0.66 | quarterly | 2020-07-29 |
| 2020-04-06 | $0.63 | quarterly | 2020-04-28 |
| 2020-01-06 | $0.69 | quarterly | 2020-01-29 |
| 2019-09-30 | $0.68 | quarterly | 2019-10-29 |
| 2019-06-28 | $0.66 | quarterly | 2019-07-29 |
| 2019-04-01 | $0.65 | quarterly | 2019-04-26 |
| 2018-12-31 | $0.62 | quarterly | 2019-01-29 |
| 2018-10-01 | $0.66 | quarterly | 2018-10-29 |
| 2018-06-29 | $0.62 | quarterly | 2018-07-27 |
| 2018-04-02 | $0.64 | quarterly | 2018-04-26 |
| 2017-12-29 | $0.63 | quarterly | 2018-01-29 |
| 2017-10-02 | $0.79 | quarterly | 2017-10-27 |
| 2017-06-29 | $0.58 | quarterly | 2017-07-27 |
| 2017-03-31 | $0.57 | quarterly | 2017-04-26 |
| 2016-12-29 | $0.55 | quarterly | 2017-01-27 |
| 2016-09-30 | $0.56 | quarterly | 2016-10-27 |
| 2016-06-30 | $0.56 | quarterly | 2016-07-27 |
| 2016-04-01 | $0.55 | quarterly | 2016-04-27 |
| 2015-12-31 | $0.50 | quarterly | 2016-01-27 |
| 2015-10-02 | $0.53 | quarterly | 2015-10-28 |
| 2015-07-02 | $0.58 | quarterly | 2015-07-29 |
| 2015-04-02 | $0.54 | quarterly | 2015-04-28 |
| 2015-01-02 | $0.66 | quarterly | 2015-01-28 |
| 2014-10-03 | $0.66 | quarterly | 2014-10-29 |
| 2014-06-27 | $0.64 | quarterly | 2014-07-29 |
| 2014-03-28 | $0.64 | quarterly | 2014-04-28 |
| 2014-01-03 | $0.62 | quarterly | 2014-01-29 |
| 2013-09-27 | $0.62 | quarterly | 2013-10-29 |
| 2013-06-28 | $0.60 | quarterly | 2013-07-29 |
| 2013-03-28 | $0.60 | quarterly | 2013-04-26 |
Bank of Nova Scotia Dividend per year
Bank of Nova Scotia Dividend growth
Bank of Nova Scotia Dividend Yield
Bank of Nova Scotia current trailing twelve-month (TTM) dividend yield is 5.95%. Interested in purchasing Bank of Nova Scotia stock? Use our calculator to estimate your expected dividend yield:
Bank of Nova Scotia Financial Ratios
P/E ratio11.76
PEG ratio6.78
P/B ratio1.08
ROE9.44%
Payout ratio75.29%
Current ratio1.60
Quick ratio1.60
Cash Ratio0.53
Bank of Nova Scotia Dividend FAQ
How much is the next Bank of Nova Scotia dividend?
Bank of Nova Scotia's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Bank of Nova Scotia dividend. The next Bank of Nova Scotia dividend will be released in January, April, July, or September.
When is Bank of Nova Scotia dividend paid?
Bank of Nova Scotia pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Bank of Nova Scotia pay?
The specific amount of Bank of Nova Scotia dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank of Nova Scotia's dividend history.
Does Bank of Nova Scotia stock pay dividends?
Yes, Bank of Nova Scotia does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank of Nova Scotia's dividend history.
How much dividend does Bank of Nova Scotia pay?
Bank of Nova Scotia paid $3.14 in 2024, $3.105 in 2023, $2.345 in 2022, $3.652 in 2021, and $2.666 in 2020.
How often does Bank of Nova Scotia pay dividends?
Bank of Nova Scotia typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and September.
What is Bank of Nova Scotia's dividend yield?
The current dividend yield for Bank of Nova Scotia is 5.95%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Bank of Nova Scotia's exact dividend yield.
When does Bank of Nova Scotia go ex dividend?
Bank of Nova Scotia's ex-dividend date for the latest dividend was on 2024-10-02. Bank of Nova Scotia typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Bank of Nova Scotia dividend paid?
Bank of Nova Scotia pays dividends on a quarterly basis, typically around January, April, July, or September, but the exact dates can vary each year.
Will Bank of Nova Scotia increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Bank of Nova Scotia will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Bank of Nova Scotia dividend per share?
Bank of Nova Scotia paid $3.14 per share in 2024 and $3.105 per share in 2023. The amount of dividend per share that Bank of Nova Scotia pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Bank of Nova Scotia a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Bank of Nova Scotia a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Bank of Nova Scotia a dividend stock?
Yes, Bank of Nova Scotia is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bank of Nova Scotia a good dividend stock?
Whether Bank of Nova Scotia is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Bank of Nova Scotia has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Bank of Nova Scotia as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Bank of Nova Scotia as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Bank of Nova Scotia pay dividends monthly?
Bank of Nova Scotia typically pays dividends on a quarterly basis.
Does Bank of Nova Scotia pay dividends quarterly?
Bank of Nova Scotia currently pays dividends on a quarterly basis.
Has Bank of Nova Scotia ever paid a dividend?
Yes, Bank of Nova Scotia has a history of paying dividends to its shareholders. Bank of Nova Scotia is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bank of Nova Scotia dividend stocks?
To buy Bank of Nova Scotia you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Bank of Nova Scotia stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Bank of Nova Scotia stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Bank of Nova Scotia pay dividends 2024?
Bank of Nova Scotia pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-29. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Bank of Nova Scotia increase its dividend in 2024?
Decisions regarding Bank of Nova Scotia dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Bank of Nova Scotia dividend overview you can look into the above table of dividend history.
How Bank of Nova Scotia dividend works?
The Bank of Nova Scotia dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Bank of Nova Scotia's dividend process works:
1. Determination of Dividend: Bank of Nova Scotia's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bank of Nova Scotia publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bank of Nova Scotia distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bank of Nova Scotia are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Bank of Nova Scotia's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bank of Nova Scotia publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bank of Nova Scotia distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bank of Nova Scotia are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Bank of Nova Scotia dividends paid?
Bank of Nova Scotia dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Bank of Nova Scotia sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bank of Nova Scotia distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank of Nova Scotia declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Bank of Nova Scotia sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bank of Nova Scotia distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank of Nova Scotia declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Bank of Nova Scotia pay dividends?
Bank of Nova Scotia typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Bank of Nova Scotia pay dividends?
The general pattern is that Bank of Nova Scotia pays dividends around January, April, July, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Bank of Nova Scotia dividend safe?
The safety of Bank of Nova Scotia's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Bank of Nova Scotia's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bank of Nova Scotia's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Bank of Nova Scotia's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bank of Nova Scotia's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.