The Bank of Nova Scotia (BNS) to Issue Quarterly Dividend of $1.14 on October 28th

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) declared a quarterly dividend on Tuesday, October 6th. Stockholders of record on Wednesday, October 28th will be given a dividend of $1.14 per share by the bank on Wednesday, October 28th. This represents a $4.56 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Tuesday, October 6th.

Bank of Nova Scotia Trading Up 0.7%

Shares of TSE:BNS opened at C$129.93 on Friday. The firm has a 50 day simple moving average of C$127.15 and a 200-day simple moving average of C$116.10. Bank of Nova Scotia has a twelve month low of C$88.22 and a twelve month high of C$134.50. The company has a market capitalization of C$158.36 billion, a PE ratio of 16.98, a P/E/G ratio of 1.33 and a beta of 1.27.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last announced its quarterly earnings data on Tuesday, August 25th. The bank reported C$2.28 EPS for the quarter. The business had revenue of C$10.54 billion during the quarter. Bank of Nova Scotia had a return on equity of 11.41% and a net margin of 14.08%. As a group, equities research analysts predict that Bank of Nova Scotia will post 7.1286267 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Canaccord Genuity Group increased their price objective on shares of Bank of Nova Scotia from C$121.00 to C$127.00 and gave the stock a “hold” rating in a research report on Wednesday, August 26th. Raymond James Financial lifted their price target on shares of Bank of Nova Scotia from C$137.00 to C$139.00 and gave the company an “outperform” rating in a report on Wednesday, August 26th. TD Securities raised shares of Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 25th. TD upgraded shares of Bank of Nova Scotia from a “hold” rating to a “buy” rating and boosted their price target for the stock from C$124.00 to C$141.00 in a research note on Wednesday, August 26th. Finally, Bank of America lifted their price target on Bank of Nova Scotia from C$131.00 to C$134.00 in a report on Wednesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Bank of Nova Scotia has an average rating of “Moderate Buy” and an average target price of C$129.50.

About Bank of Nova Scotia

Scotiabank’s vision is to be our clients’ most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: ‘for every future,’ we help our clients, their families and their communities achieve success through a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.5 trillion (as at January 31, 2026), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS).