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.

6 comments:

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

    R2R

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

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

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

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  5. Sweet! :)

    I love getting a raise without working!

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

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