BNSTSX / NYSEBanksCanada · CAD

The Bank of Nova Scotia dividend history and coverage

Fiscal 2016–2025 dividends per share, payout of earnings and cash flow, and any decreases, read from The Bank of Nova Scotia's own SEC filings. Data built 2026-11-01.

Dividends per share, FY2025C$4.320
5-yr dividend growth+3.7%/yr
Years without a decrease, since FY20169
Short answerThe Bank of Nova Scotia paid C$4.320 per share in dividends for fiscal 2025, up 3.7% a year over five years. Over its last three fiscal years it paid out 74% of earnings, which our banks and insurers teaching band reads as strained. No yearly decrease appears in the filings we hold.

Dividend history

The Bank of Nova Scotia dividends and earnings per share by fiscal yearFY2016 dividend 2.88, EPS 5.77; FY2017 dividend 3.05, EPS 6.49; FY2018 dividend 3.28, EPS 6.82; FY2019 dividend 3.49, EPS 6.68; FY2020 dividend 3.60, EPS 5.30; FY2021 dividend 3.60, EPS 7.70; FY2022 dividend 4.06, EPS 8.02; FY2023 dividend 4.18, EPS 5.72; FY2024 dividend 4.24, EPS 5.87; FY2025 dividend 4.32, EPS 5.67 (CAD per share).0.004.498.9816171819202122232425
  • Dividends per share (fiscal year)
  • Year with a decrease
  • Earnings per share (diluted)

Yield at today's price

We don't republish prices (they are licensed exchange data). Copy today's price from your brokerage or the exchange quote page.
Yield on C$4.320 a yearEnter a priceOfficial quote page ↗

The numbers, with their filings

The Bank of Nova Scotia, per share in CAD. Fiscal years as reported; "—" means not tagged in the filing.
Fiscal yearDividends/shareEPS (diluted)Payout of EPSFCF/shareFiling
FY20254.3205.6776%n/a40-F
FY20244.2405.8772%n/a40-F
FY20234.1805.7273%n/a40-F
FY20224.0608.0251%n/a40-F
FY20213.6007.7047%n/a40-F
FY20203.6005.3068%n/a40-F
FY20193.4906.6852%n/a40-F
FY20183.2806.8248%n/a40-F
FY20173.0506.4947%n/a40-F
FY20162.8805.7750%n/a40-F

Dividends per share: dividends paid per share, as tagged in the company's filings. Free cash flow isn't meaningful for banks and insurers, so it isn't shown. All The Bank of Nova Scotia filings on EDGAR ↗

Data note. Fiscal year ends October 31. Figures are dividends paid per share.

What $1,000 of The dividends is worth after tax

Canadian resident (2026 estimate)

AccountYou keepWhy
Non-registered$936Eligible-dividend gross-up and credits (assumes the dividend is designated eligible, as large Canadian public companies' dividends usually are; check your T5)
TFSA$1,000Tax-free
RRSP / RRIF$1,000No tax now; withdrawals are taxed later as ordinary income

US taxpayer (2026 estimate)

Example: married filing jointly, $120,000 of other taxable income, 22% ordinary bracket.

AccountYou keep
Taxable brokerage$850
Roth IRA$1,000
Traditional IRA / 401(k)$1,000*

* Nothing is taxed when the dividend is paid; withdrawals are taxed later as ordinary income.

Assumes qualified-dividend treatment (holding period met). Canadian dividends paid to US residents generally have 15% Canadian tax withheld under the treaty, creditable on a US return; not modelled here. Use your own numbers.

Frequently asked questions

What dividend does The Bank of Nova Scotia pay?
The Bank of Nova Scotia reported dividends of C$4.320 per share for fiscal 2025 (period ending 2025-10-31), from its annual filing with the SEC. Dividends are declared by the board each period and can change.
Has The Bank of Nova Scotia ever cut its dividend?
Not in the fiscal years we hold (2016–2025): annual dividends per share did not fall year over year in that window.
What is The Bank of Nova Scotia's dividend yield?
Yield is the annual dividend divided by the share price, and the price changes every trading day. We do not republish prices; enter today's price from your brokerage or the exchange's quote page above to calculate it with the C$4.320 annual figure.

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Dividend changes, when the filings land

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