Is The Bank of Nova Scotia a good dividend stock?

The Bank of Nova Scotia (BNS) is a dividend-paying stock with a current dividend yield of 3.63%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is BNS's dividend yield?

The dividend yield for BNS stock is currently 3.63%.

How much does BNS pay in dividends per year?

The Bank of Nova Scotia pays an annual dividend of $3.1804 per share over the trailing twelve months.

How often does BNS pay dividends?

BNS stock pays dividends quarterly.

Is BNS's dividend growing?

The Bank of Nova Scotia's 3-year dividend CAGR is -6.29%.

BNS Stock Price, Chart, Stats & News

The Bank of Nova Scotia

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Overview Dividend safety Dividends Fundamentals

The Bank of Nova Scotia (BNS) is a dividend-paying stock with a current dividend yield of 3.63% as of Jul 10, 2026. It pays $3.18 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a -2.30% 5-year compound annual rate.

107.39B

Market cap

15.34x

Current P/E

13.40x

Forward P/E

3.63%

Dividend yield

$3.18

BNS dividend

Dividend safety

Strong

Dividend coverage looks healthy — BNS pays out about 56% of earnings.

See the safety analysis

BNS chart

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Fundamentals

Gross margin	45.66%
Operating margin	16.77%
Pretax margin	16.51%
Net margin	12.52%
Effective tax rate	24.60%
ROA	0.60%
ROE	10.41%
D/E	2.92x
Interest coverage ratio	0.35x

All financials

BNS valuation

P/E	15.34x
P/S	1.63x
P/B	1.33x
P/CF	-13.93x
P/FCF	-12.97x
P/OCF	-13.93x
PEG	0.49x
EV multiple	-9.81x

About

The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments. The company offers financial advice and solutions, and banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and retail automotive financing solutions.