Tuesday, March 3, 2015

Dividend Increase – Bank of Nova Scotia (BNS)

Today the Board of Directors of Bank of Nova Scotia announced a quarterly dividend increase of from CA$0.66 to CA$0.68 per share that’s payable April 28, 2015 to holders of record April 7, 2015. This represents a 6.25 % increase over the second quarter 2014 dividend of CA$0.64 per share and a 3.03 % increase over for the first quarter 2015 of CA$0.66 per share. With current price CA$66.70 (today's close), this raise brings their dividend yield to 4.08%. 

Since I own 100 shares, this will increase my portfolio's projected annual net dividend income by CA$5.96.

That increase rises my YOC to 4.32%.

Click here to see my portfolio holdings.

You can follow the development of my dividends here.


  1. Congrats on the raise, DH. I own a smaller position, but its an increase nonetheless.


  2. another BNS holder here too. Yah!!!!!!! Happy meals for everyone!

  3. Yup another increase! Glad to have BNS! Thanks for sharing!

  4. Nice! I hope to add some shares BNS soon.

  5. Sweet! :)

    I love getting a raise without working!

  6. Love the raise! Another proof that Canadian Banks are nice holdings!