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Cash Dividend On The Way From Bank of Nova Scotia (BNS)

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This article is more than 9 years old.

Looking at the universe of stocks we cover at Dividend Channel, on 10/3/14, Bank of Nova Scotia Halifax (NYSE: BNS) will trade ex-dividend, for its quarterly dividend of $0.66, payable on 10/29/14. As a percentage of BNS's recent stock price of $62.05, this dividend works out to approximately 1.06%, so look for shares of Bank of Nova Scotia Halifax to trade 1.06% lower — all else being equal — when BNS shares open for trading on 10/3/14.

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Below is a dividend history chart for BNS, showing historical dividends prior to the most recent $0.66 declared by Bank of Nova Scotia Halifax:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BNS is likely to continue, and whether the current estimated yield of 4.25% on annualized basis is a reasonable expectation of annual yield going forward.

The chart below shows the one year performance of BNS shares, versus its 200 day moving average:

Looking at the chart above, BNS's low point in its 52 week range is $53.94 per share, with $68.71 as the 52 week high point — that compares with a last trade of $61.82.


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According to the ETF Finder at ETFChannel.com, BNS makes up 2.75% of the Bank and Brokerage ETF (AMEX: RKH) which is trading relatively unchanged on the day Wednesday.

In Wednesday trading, Bank of Nova Scotia Halifax shares are currently up about 0.3% on the day.