Bank of Nova Scotia (The) (BNS) To Go Ex-Dividend on October 6th

Bank of Nova Scotia (The) (NYSE:BNS) (TSE:BNS) declared a quarterly dividend on Monday, August 24th. Investors of record on Tuesday, October 6th will be given a dividend of 1.14 per share by the bank on Wednesday, October 28th. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Tuesday, October 6th.

Bank of Nova Scotia has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 14 consecutive years. Bank of Nova Scotia has a dividend payout ratio of 58.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Bank of Nova Scotia to earn $6.74 per share next year, which means the company should continue to be able to cover its $3.21 annual dividend with an expected future payout ratio of 47.6%.

Bank of Nova Scotia Trading Up 7.3%

NYSE:BNS opened at $93.16 on Wednesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market cap of $113.55 billion, a price-to-earnings ratio of 17.78, a price-to-earnings-growth ratio of 1.07 and a beta of 1.11. Bank of Nova Scotia has a 52 week low of $58.77 and a 52 week high of $93.44. The firm has a 50-day moving average price of $87.77 and a two-hundred day moving average price of $79.82.

Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) last posted its quarterly earnings results on Wednesday, May 27th. The bank reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.05. Bank of Nova Scotia had a net margin of 13.38% and a return on equity of 13.16%. The company had revenue of $7.24 billion during the quarter, compared to analyst estimates of $7.13 billion. During the same quarter in the prior year, the business earned $1.52 earnings per share. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. On average, equities analysts expect that Bank of Nova Scotia will post 6.03 earnings per share for the current fiscal year.

Trending Headlines about Bank of Nova Scotia

Here are the key news stories impacting Bank of Nova Scotia this week:

• Positive Sentiment: Strong Q3 earnings beat: Scotiabank reported quarterly profit of approximately C$2.95 billion, up from C$2.53 billion a year earlier. Reported EPS of C$1.64 exceeded the C$1.53 consensus estimate, while revenue rose 11.1% to C$7.52 billion, ahead of the C$7.11 billion forecast. Adjusted EPS was approximately C$2.28 versus expectations near C$2.10. Canada’s BMO and Scotiabank Beat Earnings Targets as Trade War Escalates
• Positive Sentiment: Broad-based business momentum: Record results in global wealth management and global banking and markets, along with stronger capital-markets activity amid elevated volatility, helped drive the beat. Reports also cited growth across all major business lines and higher interest income. Scotiabank Earnings Lifted by Record Result in Wealth Management
• Positive Sentiment: Analyst upgrade: TD Securities raised BNS from “hold” to “buy,” reinforcing investor confidence in the bank’s earnings outlook after the quarterly beat.
• Positive Sentiment: Dividend support: Scotiabank declared a quarterly dividend of C$1.14 per share, equivalent to an annualized yield of about 4.9% based on the reported market price. The payout may appeal to income-focused investors. The Best Canadian Bank Stocks for Dividends in 2026
• Neutral Sentiment: Trade-war backdrop: Canadian banks have so far avoided significant damage from new U.S. tariffs affecting customers, and could find opportunities from changing cross-border business flows. However, prolonged trade tensions remain a potential risk to loan demand, credit quality, and economic growth. Bank of Nova Scotia: What Could Change the Story?
• Positive Sentiment: Additional product growth: The launch of a no-fee Visa business card offering 1% cash back could help Scotiabank attract Canadian small-business customers, though its near-term earnings impact is likely limited. Scotiabank Launches New No Fee Visa Credit Card

About Bank of Nova Scotia

Bank of Nova Scotia, commonly known as Scotiabank, is a Canadian multinational banking and financial services company founded in 1832 and headquartered in Toronto, Ontario. It is one of Canada’s largest banks and provides a broad range of financial services to retail, commercial, corporate and institutional clients. The bank combines a domestic Canadian franchise with an extensive international presence to serve customers across multiple markets.

Scotiabank’s core activities include personal and commercial banking, wealth management, corporate and investment banking, capital markets, and global transaction banking.