The Bank of Nova Scotia (TSE:BNS) Declares $1.10 Quarterly Dividend

The Bank of Nova Scotia (TSE:BNS - Get Free Report) NYSE: BNS announced a quarterly dividend on Tuesday, October 7th, TickerTech Dividends reports. Stockholders of record on Wednesday, October 29th will be paid a dividend of 1.10 per share by the bank on Wednesday, October 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Tuesday, October 7th.Get Bank of Nova Scotia alerts:Bank of Nova Scotia Stock Performance3 Canadian Banks That Just Increased Their DividendsShares of TSE:BNS opened at C$91.03 on Friday. The company has a 50-day simple moving average of C$83.87 and a 200-day simple moving average of C$75.63. Bank of Nova Scotia has a one year low of C$62.57 and a one year high of C$91.40. The stock has a market capitalization of C$113.38 billion, a price-to-earnings ratio of 17.41, a PEG ratio of 1.33 and a beta of 1.35. Wall Street Analysts Forecast GrowthBNS has been the subject of a number of research reports. TD Securities upped their target price on shares of Bank of Nova Scotia from C$87.00 to C$93.00 and gave the company a "buy" rating in a report on Wednesday, August 27th. National Bankshares set a C$81.00 target price on shares of Bank of Nova Scotia and gave the company a "sector perform" rating in a report on Monday, September 22nd. Royal Bank Of Canada boosted their price target on shares of Bank of Nova Scotia from C$80.00 to C$86.00 and gave the stock a "sector perform" rating in a research note on Wednesday, August 27th. Barclays boosted their price target on shares of Bank of Nova Scotia from C$81.00 to C$86.00 in a research note on Wednesday, August 27th. Finally, Jefferies Financial Group boosted their price target on shares of Bank of Nova Scotia from C$83.00 to C$86.00 in a research note on Wednesday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Bank of Nova Scotia currently has a consensus rating of "Hold" and an average target price of C$85.85.Get Our Latest Report on Bank of Nova ScotiaBank of Nova Scotia Company Profile (Get Free Report)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.Featured StoriesFive stocks we like better than Bank of Nova ScotiaWhat is a Stock Market Index and How Do You Use Them?Why the Precious Metal Nobody Talks About Could Be Your Best BetPros And Cons Of Monthly Dividend StocksCheap Chipotle? Why CMG Stock Could Be Ready for a ComebackAsset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?3 Industrial Stocks Ready to Benefit From Fed Cuts and SpendingThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Bank of Nova Scotia Right Now?Before you consider Bank of Nova Scotia, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bank of Nova Scotia wasn't on the list.While Bank of Nova Scotia currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here