Dividend Growth of Bank of Nova Scotia (The)(BNS)

Bank of Nova Scotia (The)(BNS) is having a Dividend Yield of 3.53% with the Annual cash Dividend per share of $2.18. The last quarter cash dividend per share pay out was $0.55. Bank of Nova Scotia (The) has a 5 year average dividend yield of 4.11% and the stock has a Indicated annual dividend of $2.2. Bank of Nova Scotia (The)(BNS) formally announced its most recent dividend on November 29, 2016 with a Dividend per share of $0.55. The new indicated annual dividend based on announced dividend per share is $2.2. The dividend yield based on the forward looking indicated annual dividend is 3.53%. Bank of Nova Scotia (The)(BNS) has the most recent dividend payout ratio of 0.49 with a 5-year average payout ratio of 0.46. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.03. The 5 year historical dividend growth of Bank of Nova Scotia (The)(BNS) is at the rate of -1.02% while the R-Squared dividend growth is 0.04. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Bank of Nova Scotia (The) (NYSE:BNS) rose 0.56% or 0.35 points on Thursday and made its way into the gainers of the day. After trading began at $62.49 the stock was seen hitting $62.89 as a peak level and $62.42 as the lowest level. The stock ended up at $62.69. The daily volume was measured at 624,759 shares. The 52-week high of the share price is $62.89 and the 52-week low is $37.54. The company has a market cap of $75,723 million. Shares of The Bank of Nova Scotia rose by 3.23% in the last five trading days and 8.72% for the last 4 weeks. The Bank of Nova Scotia is up 20.88% in the last 3-month period. Year-to-Date the stock performance stands at 12.59%.

Institutional Investors own 50.72% of Bank of Nova Scotia (The) shares. Bank of Nova Scotia Last issued its quarterly earnings results on Nov 29, 2016. The company reported $1.57 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $1.51.Analysts expectations of $ 6637.09.During the same quarter in the previous year, the company posted $1.45 EPS.

Bank of Nova Scotia is one of North Americas premier financial institutions and Canadas most international bank. They offer a diverse range of products and services including personal, commercial, corporate and investment banking. Scotiabank has built long-term value and recorded consistent earnings growth by building on its core strengths and by executing exceptionally well in its core businesses. These include Domestic Banking, Wealth Management, International Banking and Scotia Capital.


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