Bank of Nova Scotia (TSX:BNS.PR.Q.PFD) Dividend Yield % : 3.61% (As of Dec. 15, 2024)

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What is Bank of Nova Scotia Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Bank of Nova Scotia is 3.61%.

Warning Sign:

Bank of Nova Scotia stock dividend yield is close to 2-year low.

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

TSX:BNS.PR.Q.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 3.57 Med: 4.6 Max: 7.49
Current: 3.61

During the past 13 years, the highest Dividend Yield of Bank of Nova Scotia was 7.49%. The lowest was 3.57%. And the median was 4.60%.

TSX:BNS.PR.Q.PFD's Dividend Yield % is ranked better than
72.85% of 1234 companies
in the Banks industry
Industry Median: 3.69 vs TSX:BNS.PR.Q.PFD: 3.61

Bank of Nova Scotia's Dividend Payout Ratio for the three months ended in Oct. 2024 was 0.00.

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.

As of today (2024-12-15), the Forward Dividend Yield % of Bank of Nova Scotia is 3.61%.

Bank of Nova Scotia's Dividends per Share for the three months ended in Oct. 2024 was C$0.00.

During the past 12 months, Bank of Nova Scotia's average Dividends Per Share Growth Rate was 1.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.30% 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 6.80% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Bank of Nova Scotia Dividend Yield % Historical Data

The historical data trend for Bank of Nova Scotia's Dividend 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 Dividend Yield % Chart

Bank of Nova Scotia Annual Data

Trend

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Dividend Yield %

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Bank of Nova Scotia Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Dividend Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Bank of Nova Scotia's Dividend Yield %

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

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

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

Bank of Nova Scotia 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 (TSX:BNS.PR.Q.PFD) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Bank of Nova Scotia Dividend Yield % Related Terms

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Bank of Nova Scotia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Nova Scotia (TSX:BNS.PR.Q.PFD) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

BNS:USA BNS:Mexico 0UKI:UK BKN:Germany BKN:Germany 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.

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