At the end of July 27, 2023, Bank of Nova Scotia BNS will reward its shareholders with a dividend payout of $1.06 per share, demonstrating an annualized dividend yield of 6.37%. Remember, only investors who held the stock before the ex-dividend date on July 03, 2023 will receive this payout.
Bank of Nova Scotia Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-07-03 | 4 | $1.06 | 6.37% | 2023-05-24 | 2023-07-05 | 2023-07-27 |
| 2023-04-03 | 4 | $1.03 | 5.76% | 2023-02-28 | 2023-04-04 | 2023-04-26 |
| 2023-01-03 | 4 | $1.03 | 5.77% | 2022-11-29 | 2023-01-04 | 2023-01-27 |
| 2022-10-03 | 4 | $1.03 | 5.1% | 2022-08-23 | 2022-10-04 | 2022-10-27 |
| 2022-07-04 | 4 | $1.03 | 5.06% | 2022-05-25 | 2022-07-05 | 2022-07-27 |
| 2022-04-04 | 4 | $1.0 | 4.35% | 2022-03-01 | 2022-04-05 | 2022-04-27 |
| 2022-01-03 | 4 | $1.0 | 4.91% | 2021-11-30 | 2022-01-04 | 2022-01-27 |
| 2021-10-04 | 4 | $0.9 | 4.49% | 2021-08-24 | 2021-10-05 | 2021-10-27 |
| 2021-07-05 | 4 | $0.9 | 4.43% | 2021-06-01 | 2021-07-06 | 2021-07-28 |
| 2021-04-05 | 4 | $0.9 | 4.99% | 2021-02-23 | 2021-04-06 | 2021-04-28 |
| 2021-01-04 | 4 | $0.9 | 5.7% | 2020-12-01 | 2021-01-05 | 2021-01-27 |
| 2020-10-05 | 4 | $0.9 | 6.37% | 2020-08-25 | 2020-10-06 | 2020-10-28 |
Analyzing Bank of Nova Scotia Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $3.54 in 2019 to $4.09 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Bank of Nova Scotia
From 2019 to 2022, Bank of Nova Scotia experienced a growth in earnings per share, with an increase from $5.40 to $6.60. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
This article provides an in-depth analysis of Bank of Nova Scotia's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $1.06 per share, resulting in an annualized dividend yield of 6.37%.
Given that Bank of Nova Scotia has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.
[Monitor live stock price updates for Bank of Nova Scotia on Benzinga.](https://www.benzinga.com/quote/Bank of Nova Scotia (NYSE: BNS))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
|---|
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