SmarterDividends
BNS

The Bank of Nova Scotia

BNS

Financial Services · Stock · quarterly payer

Forward Yield

4.06%

Annual Dividend

$3.30

Payout Ratio

61%

5-Yr Growth

2.0%

Ex-Date

Jul 7, 2026

Frequency

Quarterly

BNS Dividend Safety Score

57/ 100
Grade C

Borderline

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage61% of earnings paid out
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is BNS a good dividend stock?

Mixed

The Bank of Nova Scotia (BNS) pays a quarterly dividend yielding 4.06% ($3.30/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025

    Key Data

    Dividend Yield
    4.06%
    Payout Ratio
    61%
    Annual Dividend
    $3.30
    5-Yr Avg Growth
    2.0%
    Ex-Dividend Date
    Jul 7, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    1.22
    Market Cap
    $99.8B
    P/E Ratio
    15.6
    5-Yr Total Return
    25%
    52-Week Range
    $53.42 – $82.22
    Dividend Safety
    C · 57/100
    Ever Cut?
    Yes (2025)
    BNS ex-dividend date & scheduleNext ex-date Jul 7, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $3.30 / yr per share

    Per payment (quarterly)$82.50
    Annual$330.00
    Monthly avg$27.50