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Bank of Nova Scotia (Bank of Nova Scotia) Total Payout Yield % : 4.66 (As of Apr. 27, 2024)


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What is Bank of Nova Scotia Total Payout Yield %?

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

Bank of Nova Scotia's current Total Payout Yield % is 4.66%.


Bank of Nova Scotia Total Payout Yield % Historical Data

The historical data trend for Bank of Nova Scotia's Total Payout Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bank of Nova Scotia Total Payout Yield % Chart

Bank of Nova Scotia Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Payout Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.72 7.38 4.38 9.97 5.97

Bank of Nova Scotia Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Payout Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.02 4.48 4.53 5.37 4.72

Competitive Comparison of Bank of Nova Scotia's Total Payout Yield %

For the Banks - Diversified subindustry, Bank of Nova Scotia's Total Payout Yield %, along with its competitors' market caps and Total Payout Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of Nova Scotia's Total Payout Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Nova Scotia's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Bank of Nova Scotia's Total Payout Yield % falls into.



Bank of Nova Scotia Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Bank of Nova Scotia's Total Payout Yield % for the fiscal year that ended in Oct. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (0 + 1022.462 + -3954.201) / 49132.1988
=5.97%

Bank of Nova Scotia's annualized Total Payout Yield % for the quarter that ended in Jan. 2024 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (0 + 365.045 + -1039.261) * 4 / 57134.5775
=4.72%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bank of Nova Scotia Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.


Bank of Nova Scotia Total Payout Yield % Related Terms

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Bank of Nova Scotia (Bank of Nova Scotia) Business Description

Address
1709 Hollis Street, Scotia Plaza, 8th floor, Halifax, NS, CAN, B3J 1W1
Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in Central and South America.