Bank of Nova Scotia (BNS)
Bank of Nova Scotia (BNS), commonly known as Scotiabank, is one of Canada's largest financial institutions, offering a wide range of banking and financial services including personal and commercial banking, wealth management, and investment banking. Founded in 1832, it has a significant presence in Canada as well as operations internationally, particularly in Latin America, the Caribbean, Central America, and parts of Asia.
Dividend History
Investors can expect a dividend payout of $1.10 per share, scheduled to be distributed in 39 days on October 29, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| October 29, 2025 | $1.10 | 2025-10-07 | 2025-10-07 |
| July 29, 2025 | $1.10 | 2025-07-02 | 2025-07-02 |
| April 28, 2025 | $1.06 | 2025-04-01 | 2025-04-01 |
| January 29, 2025 | $1.06 | 2025-01-07 | 2025-01-07 |
| October 29, 2024 | $1.06 | 2024-10-02 | 2024-10-02 |
Dividends Summary
- Bank of Nova Scotia has issued 86 dividend payments over the past 21 years
- The most recent dividend was paid 53 days ago, on July 29, 2025
- The highest dividend payed out to investors during this period was $1.1 per share
- The average dividend paid during this period was $0.69 per share.
Company News
Purpose Investments Inc. announced monthly distributions for its Canadian Yield Shares ETFs, with distributions ranging from $0.055 to $0.18 per unit, effective September 25, 2025.
Great-West Lifeco plans to issue 6 million Non-Cumulative First Preferred Shares, Series Z at C$25.00 per share, raising C$150 million with potential to increase to C$200 million. The proceeds will be used for general corporate purposes.
The article discusses three traditional banking stocks that offer stability and consistent dividends as alternatives to volatile stablecoins: Commerce Bancshares, Toronto-Dominion Bank, and Bank of Nova Scotia.
UBS analysts have a cautiously optimistic outlook on Canadian banks, recommending buys on Royal Bank of Canada and National Bank of Canada due to their strong balance sheets and diversified business mix, while maintaining neutral ratings on the other four major banks amidst macroeconomic challenges.
Fitch affirms ratings of Canadian banks - BMO, BNS, CM, TD and RY - based on stable economic conditions, which are likely to support their credit fundamentals and financial performance.
