Bank of Nova Scotia (Bank of Nova Scotia) Dividend Payout Ratio : 0.63 (As of Jan. 2024)

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What is Bank of Nova Scotia Dividend Payout Ratio?

Bank of Nova Scotia's dividend payout ratio for the months ended in Jan. 2024 was 0.63.

The historical rank and industry rank for Bank of Nova Scotia's Dividend Payout Ratio or its related term are showing as below:

BNS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.46 Med: 0.48 Max: 0.67
Current: 0.66

During the past 13 years, the highest Dividend Payout Ratio of Bank of Nova Scotia was 0.67. The lowest was 0.46. And the median was 0.48.

BNS's Dividend Payout Ratio is ranked worse than
85.5% of 1090 companies
in the Banks industry
Industry Median: 0.34 vs BNS: 0.66

As of today (2024-04-25), the Dividend Yield % of Bank of Nova Scotia is 6.81%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Bank of Nova Scotia was 7.49%. The lowest was 3.37%. And the median was 4.45%.

Bank of Nova Scotia's Dividends per Share for the months ended in Jan. 2024 was $0.79.

During the past 12 months, Bank of Nova Scotia's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bank of Nova Scotia was 25.70% per year. The lowest was 2.20% per year. And the median was 7.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Bank of Nova Scotia Dividend Payout Ratio Historical Data

The historical data trend for Bank of Nova Scotia's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Bank of Nova Scotia Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Dividend Payout Ratio

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0.49

0.67

0.46

0.48

0.64

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
Dividend Payout Ratio	Get a 7-Day Free Trial															0.56	0.61	0.61	0.84	0.63

Competitive Comparison of Bank of Nova Scotia's Dividend Payout Ratio

For the Banks - Diversified subindustry, Bank of Nova Scotia's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Nova Scotia's Dividend Payout Ratio falls into.

Bank of Nova Scotia Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2023 )	/	EPS without NRI (A: Oct. 2023 )
	=	3.048	/	4.77
	=	0.64

Bank of Nova Scotia's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0.79	/	1.259
	=	0.63

Bank of Nova Scotia (NYSE:BNS) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Bank of Nova Scotia Dividend Payout Ratio Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Nova Scotia (NYSE:BNS) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

BNSPF.PFD:USA BNS:Mexico BKN:Germany BKN:Germany BNS.PR.I.PFD:Canada BNS:Canada

Address

1709 Hollis Street, Scotia Plaza, 8th floor, Halifax, NS, CAN, B3J 1W1

Website

https://www.scotiabank.com

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.