The Bank of Nova Scotia (BNS) To Go Ex-Dividend on April 7th

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) declared a quarterly dividend on Tuesday, April 7th, TickerTech Dividends reports. Stockholders of record on Tuesday, April 28th will be paid a dividend of 1.10 per share by the bank on Tuesday, April 28th. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Tuesday, April 7th.

Bank of Nova Scotia Stock Performance

Bank of Nova Scotia stock opened at C$97.64 on Friday. Bank of Nova Scotia has a 1 year low of C$62.57 and a 1 year high of C$106.39. The firm has a 50 day moving average price of C$100.20 and a 200 day moving average price of C$97.15. The company has a market cap of C$120.34 billion, a price-to-earnings ratio of 14.49, a PEG ratio of 1.33 and a beta of 1.16.

Analyst Ratings Changes

Several analysts have recently issued reports on BNS shares. Raymond James Financial boosted their price objective on shares of Bank of Nova Scotia from C$114.00 to C$117.00 and gave the company an “outperform” rating in a research note on Wednesday, February 25th. Royal Bank Of Canada reduced their target price on Bank of Nova Scotia from C$106.00 to C$98.00 and set a “sector perform” rating on the stock in a report on Wednesday, March 25th. Canaccord Genuity Group lowered Bank of Nova Scotia from a “buy” rating to a “hold” rating and dropped their price target for the stock from C$118.00 to C$110.00 in a research note on Monday, March 9th. National Bank Financial cut their price objective on Bank of Nova Scotia from C$102.00 to C$100.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 25th. Finally, TD Securities downgraded Bank of Nova Scotia from a “buy” rating to a “hold” rating and cut their price objective for the stock from C$112.00 to C$111.00 in a report on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of C$106.08.

Bank of Nova Scotia Company Profile

Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank’s international operations span numerous countries and are more concentrated in Central and South America.