Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Thriving with Robust Performance: Bank of Nova Scotia Delivers Growing Profits to Investors

Author: Benzinga Insights | January 29, 2024 11:05am

By the close of today, January 29, 2024, Bank of Nova Scotia (NYSE:BNS) will issue a dividend payout of $1.06 per share, resulting in an annualized dividend yield of 7.15%. Only those investors who owned the stock prior to the ex-dividend date on January 02, 2024 will receive this payout.

Bank of Nova Scotia Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2024-01-02 4 $1.06 7.15% 2023-11-28 2024-01-03 2024-01-29
2023-10-02 4 $1.06 6.75% 2023-08-29 2023-10-03 2023-10-27
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

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

dividend chart graph

As you can see, from 2020 to 2023, investors saw an average increase in the company's dividend per share, rising from $3.60 in 2020 to $4.21 in 2023. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.

YoY Earnings Growth For Bank of Nova Scotia

earning chart graph

From 2020 to 2023, Bank of Nova Scotia experienced a growth in earnings per share, with an increase from $4.04 to $4.83. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.

Recap

This article takes an in-depth look at Bank of Nova Scotia's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $1.06 per share today, translating to an annualized dividend yield of 7.15%.

The upward trend in dividend per share and earnings per share for Bank of Nova Scotia from 2020 to 2023 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.

To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.

\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BNS

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist