NYSE · Dividend

Bank Nova Scotia Halifax Pfd 3 (BNS) Dividend

$92.90 NYSE: BNS Market Cap $113.23B

Metric	Value
Dividend Yield	3.52%
Indicated Annual Dividend	$3.27
Payout Ratio	59.07%
FCF Yield	—
Current Price	$92.90

Dividend Analysis

Bank Nova Scotia Halifax Pfd 3 (BNS) currently pays a dividend yielding 3.52%, an indicated annual rate of roughly $3.27 per share. The payout ratio is 59.07%, within the 40-75% range common among established dividend payers.

Bank Nova Scotia Halifax Pfd 3 pays quarterly; the payout ratio is 59.1% of earnings; free cash flow yield of 0.00% is below the 3.52% dividend yield, so the dividend is not fully covered by free cash flow at the current price.

Payment schedule

Measure	Value
Indicated annual dividendYield times the current share price.	$3.27
Dividend yieldAnnual dividend as a percentage of the share price.	3.52%
Payments per yearThis stock pays quarterly.	4
Amount per paymentIndicated annual dividend divided by the number of payments.	$0.82

Dividend income by amount invested

At today's price and the current indicated dividend. Shares are not rounded to whole numbers, and a future dividend is never guaranteed.

Invested	Shares	Income per year	Per payment
$1,000	10.8	$35.20	$8.80
$5,000	53.8	$176.00	$44.00
$10,000	107.6	$352.00	$88.00
$25,000	269.1	$880.00	$220.00
$50,000	538.2	$1760.00	$440.00

Yield across the 52-week range

Yield moves opposite the share price. Holding the current dividend constant, this is what the yield would have been at each end of the last year's range.

Share price	Price	Yield
At the 52-week high	$95.74	3.42%
Today	$92.90	3.52%
At the 52-week low	$62.98	5.19%

Dividend yield against peers

Bank Nova Scotia Halifax Pfd 3 ranks 3 of 6 by dividend yield among these companies; 2 yield more.

Company	Yield	P/E	Price
JPMorgan Chase & Co. (JPM.TO)	14.23%	14.60	$42.10
Bank of America Corporation (BOFA.TO)	4.54%	12.11	$25.15
Bank Nova Scotia Halifax Pfd 3 (BNS)	3.52%	16.78	$92.90
Bank of Montreal (BMO.TO)	2.82%	19.80	$236.87
Canadian Imperial Bank of Commerce (CM.TO)	2.71%	15.15	$159.59
EQB Inc. (EQB.TO)	2.11%	10.22	$117.66