Scotiabank Boosts Quarterly Dividend to $1.10

Bank Of Nova Scotia ( (TSE:BNS) ) has provided an update.

Scotiabank has announced an increase in its quarterly dividend by 4 cents to $1.10 per share, payable on July 29, 2025. This decision reflects the bank’s commitment to delivering value to its shareholders. The bank has also stated that dividends can be received in common shares instead of cash, with purchases made in the secondary market under the Shareholder Dividend and Share Purchase Plan.

The most recent analyst rating on (TSE:BNS) stock is a Buy with a C$82.00 price target. To see the full list of analyst forecasts on Bank Of Nova Scotia stock, see the TSE:BNS Stock Forecast page.

Spark’s Take on TSE:BNS Stock

According to Spark, TipRanks’ AI Analyst, TSE:BNS is a Outperform.

The Bank of Nova Scotia’s stock is supported by strong financial performance, reasonable valuation, and strategic initiatives highlighted in the recent earnings call. Despite technical indicators suggesting caution with some bearish momentum, the bank’s robust dividend yield and solid financial foundation offer resilience against market fluctuations. Key risks include high leverage and credit loss provisions, but the bank’s strategic focus on growth and risk management provides an optimistic outlook.

To see Spark’s full report on TSE:BNS stock, click here.

More about Bank Of Nova Scotia

Scotiabank is one of the largest banks in North America by assets, providing a broad range of financial services including personal and commercial banking, wealth management, private banking, corporate and investment banking, and capital markets. It aims to be a trusted financial partner, supporting clients and communities with sustainable, profitable growth.

Average Trading Volume: 5,143,330

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$89.29B

For detailed information about BNS stock, go to TipRanks’ Stock Analysis page.