Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) announced a quarterly dividend on Tuesday, November 28th, RTT News reports. Investors of record on Tuesday, January 2nd will be paid a dividend of 0.79 per share by the bank on Monday, January 29th. This represents a $3.16 annualized dividend and a yield of 3.84%. The ex-dividend date is Friday, December 29th.

Shares of Bank of Nova Scotia (TSE BNS) opened at C$82.29 on Friday. Bank of Nova Scotia has a 52 week low of C$73.31 and a 52 week high of C$85.50. The firm has a market capitalization of $98,680.00, a P/E ratio of 12.68 and a beta of 0.88.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last announced its earnings results on Tuesday, November 28th. The bank reported C$1.65 earnings per share for the quarter, missing the consensus estimate of C$1.68 by C($0.03). Bank of Nova Scotia had a net margin of 30.50% and a return on equity of 14.91%. The business had revenue of C$6.81 billion for the quarter, compared to the consensus estimate of C$7.05 billion. During the same quarter in the previous year, the company earned $1.58 EPS.

In other news, insider Barbara Frances Mason sold 20,000 shares of Bank of Nova Scotia stock in a transaction on Thursday, December 7th. The stock was sold at an average price of C$82.60, for a total value of C$1,652,000.00. Also, insider Kyle Mcnamara sold 3,036 shares of Bank of Nova Scotia stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of C$80.53, for a total value of C$244,489.08. Insiders have sold a total of 23,250 shares of company stock valued at $1,913,718 over the last ninety days.

A number of analysts have commented on BNS shares. Citigroup raised their price objective on Bank of Nova Scotia from C$90.00 to C$93.00 in a research report on Friday, November 17th. Royal Bank of Canada raised their price objective on Bank of Nova Scotia from C$87.00 to C$91.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 29th. Scotiabank reduced their price objective on Bank of Nova Scotia from C$95.00 to C$94.00 and set an “outperform” rating for the company in a research report on Wednesday, November 29th. Canaccord Genuity raised their price objective on Bank of Nova Scotia from C$88.00 to C$92.00 in a research report on Wednesday, November 1st. Finally, CIBC raised their target price on Bank of Nova Scotia from C$85.00 to C$87.00 in a research report on Wednesday, August 30th. Eight research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of C$88.67.

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Bank of Nova Scotia Company Profile

The Bank of Nova Scotia is an international bank and a financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

Dividend History for Bank of Nova Scotia (TSE:BNS)

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