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) announced 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 Stock Up 0.7%

Shares of TSE BNS opened at C$129.93 on Friday. Bank of Nova Scotia has a twelve month low of C$88.22 and a twelve month high of C$134.50. The firm has a fifty day simple moving average of C$127.15 and a 200 day simple moving average of C$116.10. 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 issued its quarterly earnings results on Tuesday, August 25th. The bank reported C$2.28 EPS for the quarter. The business had revenue of C$10.54 billion for the quarter. Bank of Nova Scotia had a net margin of 14.08% and a return on equity of 11.41%. As a group, equities analysts expect that Bank of Nova Scotia will post 7.1286267 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BNS has been the topic of a number of recent analyst reports. Raymond James Financial boosted their price objective on Bank of Nova Scotia from C$137.00 to C$139.00 and gave the company an “outperform” rating in a research note on Wednesday, August 26th. TD Securities raised Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 25th. National Bank Financial raised Bank of Nova Scotia from a “hold” rating to an “outperform” rating and raised their target price for the stock from C$128.00 to C$142.00 in a research note on Wednesday, August 26th. Barclays lifted their target price on Bank of Nova Scotia from C$110.00 to C$130.00 in a report on Friday, August 21st. Finally, Desjardins set a C$130.00 price target on Bank of Nova Scotia and gave the company a “hold” rating in a research note on Wednesday, September 2nd. 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 presently has a consensus rating of “Moderate Buy” and an average price target 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).