During the past 12 months, Bank of Nova Scotia's average Dividends Per Share Growth Rate was 3.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 2.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 4.90% 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 2.10% per year. And the median was 6.70% 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 (NYSE:BNS) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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 Forward Dividend Yield % Related Terms
BNS vs JPM, BAC, WFC: Forward Dividend Yield % Comparison
For the Banks - Diversified subindustry, Bank of Nova Scotia's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend 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 Forward Dividend Yield % vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Nova Scotia's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Bank of Nova Scotia's Forward Dividend Yield % falls into.
Bank of Nova Scotia Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Bank of Nova Scotia Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 1.100000
2026-04-07
2026-04-07
2026-04-28
Cash Dividend
quarterly
CAD:USD 0.734700
CAD 1.100000
2026-01-06
2026-01-06
2026-01-28
Cash Dividend
quarterly
CAD:USD 0.737626
CAD 1.100000
2025-10-07
2025-10-07
2025-10-29
Cash Dividend
quarterly
CAD:USD 0.713776
CAD 1.100000
2025-07-02
2025-07-02
2025-07-29
Cash Dividend
quarterly
CAD:USD 0.722282
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Bank of Nova Scotia's Forward Annual Dividend Yield (%) for Today is calculated as
* 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.
What does a Forward Dividend Yield % of 3.81% mean?
Bank of Nova Scotia (BNS) has a Forward Dividend Yield % of 3.81% as of Jun. 26, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Bank of Nova Scotia and its competitors. According to the industry distribution chart, Bank of Nova Scotia ranks #494 out of 1243 companies in the Banks industry, placing it in the top 39.7%.
Is Bank of Nova Scotia's Forward Dividend Yield % too high?
Bank of Nova Scotia's current Forward Dividend Yield % is 3.81%. The Banks industry median Forward Dividend Yield % is 3.14. Bank of Nova Scotia's value of 3.81% is 21.3% above this industry median. Based on the distribution chart, Bank of Nova Scotia ranks #494 out of 1243 companies in the Banks industry, which is above the industry midpoint. Overall, Bank of Nova Scotia has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Nova Scotia's Forward Dividend Yield % compare to JPM and BAC?
According to the Banks industry distribution chart, Bank of Nova Scotia ranks #494 out of 1243 companies for Forward Dividend Yield %. This puts Bank of Nova Scotia in the upper half of its industry. The industry median Forward Dividend Yield % is 3.14. Bank of Nova Scotia's value of 3.81% is 21.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Banks company?
The median Forward Dividend Yield % among Banks companies is 3.14, based on 1,243 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank of Nova Scotia's current Forward Dividend Yield % of 3.81% is 21.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Bank of Nova Scotia and its competitors. For the Banks industry, the median Forward Dividend Yield % is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Nova Scotia's current Forward Dividend Yield % is 3.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Nova Scotia stock overvalued right now?
Based on GuruFocus' analysis, Bank of Nova Scotia (BNS) is currently considered Significantly Overvalued. The stock's GF Value™ is $60.67, compared to a current price of $85.96 — trading 41.7% above its estimated fair value. The current Forward Dividend Yield % is 3.81% and 21.3% above the Banks industry median of 3.14. Bank of Nova Scotia's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Bank of Nova Scotia (BNS), the current Forward Dividend Yield % is 3.81% as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bank of Nova Scotia (BNS) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Nova Scotia stock appears to be overvalued.
The current stock price of $85.96 is trading 41.7% above its estimated GF Value™ of $60.67.
GuruFocus considers Bank of Nova Scotia to be Significantly Overvalued.
Key valuation signals for BNS:
Forward Dividend Yield %: 3.81%
GF Value™: $60.67 vs. price of $85.96 (41.7% above fair value)
Industry Position: 21.3% above the Banks median (#494 of 1243)
No single metric tells the full story. See the BNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Nova Scotia is a global financial-services provider with over CAD 1.5 trillion in assets as of the end of April 2026. It has four major business segments: Canadian banking, international banking, global wealth management, and global banking and markets. 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 Latin America.
70GF Score
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