Equity Investors

The analysts listed below provide research coverage on Scotiabank. The opinions, estimates or forecasts regarding Scotiabank's financial performance made by these analysts are theirs alone and do not necessarily represent opinions, estimates or forecasts of Scotiabank.

Financial Analysts

Company Analyst Name
Bank of America, Merrill Lynch Ebrahim H. Poonawala
Barclays Capital John Aiken
BMO Capital Markets Sohrab Movahedi
Canaccord Genuity Scott Chan
CIBC World Markets Rob Sedran
Citi Research Stefan Nedialkov
Cormark Securities Meny Grauman
Credit Suisse
Mike Rizvanovic
Desjardins Securities Doug Young
Eight Capital Steve Theriault
National Bank Financial Gabriel Dechaine
RBC Capital Markets Darko Mihelic
TD Securities Mario Mendonca
Veritas Research
Nigel D’Souza

Shareholder Contact Information

Contact information for shareholders questions and inquiries.

Common Share - Closing Prices

A history of the daily closing prices (1983 - present) for the Bank's common share traded on the Toronto Stock Exchange.

Common Share Dividends

Dividend Philosophy

Scotiabank's practice has been to relate dividends to the trend earnings, while ensuring that capital levels are sufficient for both growth and depositor protection.

This practice, coupled with the Bank's strong earnings growth, has led to dividend increases in 43 of the last 45 years - one of the most consistent records for dividend growth among major Canadian corporations.

The following is a record of increases in the quarterly dividend per common share for the fiscal period 2016 to 2019:

Fiscal 2019 -

2nd quarter - increased from 85 cents to 87 cents.

Fiscal 2018 -

4th quarter - increased from 82 cents to 85 cents.
2nd quarter - increased from 79 cents to 82 cents.

Fiscal 2017 -

4th quarter - increased from 76 cents to 79 cents.
2nd quarter - increased from 74 cents to 76 cents.

Fiscal 2016 -

4th quarter - increased from 72 cents to 74 cents.
2nd quarter - increased from 70 cents to 72 cents.

 

The Bank has paid dividends to common shareholders every year since its foundation in 1832.
Quarterly Dividends (as declared) per Common Share (2016 to present)

Fiscal years

$Cdn 2016 2017 2018 2019
Q1 0.7 0.74 0.79 0.85
Q2 0.72 0.76 0.82 0.87
Q3 0.72 0.76 0.82  
Q4 0.74 0.79 0.85  
Common Share Dividend History and Stock Split 

Record and Payment Dates for Dividends (Common and Preferred)

Subject to approval by the Board of Directors, the payment date for common and all preferred shares is usually the third last business day of each fiscal quarter. Bank fiscal quarters end with the months of January, April, July and October.

The record date is the first Tuesday of the month in which dividends are paid. If the first Tuesday falls on a statutory holiday, the record date will be fixed on the next business day. 

Fiscal 2019 Common and Preferred Share Dividend Dates

(subject to approval by the Board of Directors)

Declared

Ex-Dividend

Record

Payment

November 27, 2018

December 31, 2018

January 2, 2019

January 29, 2019

February 26, 2019

April 1, 2019

April 2, 2019

April 26, 2019

May 28, 2019

June 28, 2019

July 2, 2019

July 29, 2019

August 27, 2019

September 30, 2019

October 1, 2019

October 29, 2019

Dividend Taxation

The federal Income Tax Act, and most provincial income tax legislation, provides lower levels of taxation for Canadian individuals who receive eligible dividends. All of the dividends paid by the Bank of Nova Scotia, and any of its subsidiaries, in 2006 are eligible dividends and all dividends paid hereafter will be eligible dividends unless indicated otherwise.

Direct Deposit

Registered shareholders may have dividends conveniently deposited directly into accounts held at financial institutions which are members of the Canadian Payments Association.
To arrange for direct deposit service, write, phone or fax the Transfer Agent:

Computershare Trust Company of Canada
100 University Ave., 8th floor
Toronto, Ontario, Canada
M5J 2Y1

Tel: 1-877-982-8767
Fax: 1-888-453-0330
E-mail: service@computershare.com

Shareholder Contact Information

Contact information for shareholders questions and inquiries.

Dividend and Share Purchase Plan

Common and preferred shareholders wishing to acquire additional common shares of the Bank may take advantage of a cost-free Dividend and Share Purchase Plan

Common Share - Closing Prices

A history of the daily closing prices (1983 - present) for the Bank's common share traded on the Toronto Stock Exchange.

Registered holders of Scotiabank preferred shares are eligible to participate in the Dividend and Share Purchase Plan for the purchase of common shares.

All outstanding issues of Scotiabank preferred shares are non-cumulative.

For fiscal 2019, record and payment dates are as follows:

 

Record Date

Payment Date

Series

30 - 34, 36, 38, 40

30 - 34, 36, 38, 40

January

2

29

April

2

26

July

2

29

October

1

29

The Scotiabank Group has several different issues of preferred shares (listed below). To learn about the key features of a particular series, please click here

for Series 30 (BNS.PR.Y) Preferred Shares of the Bank CUSIP No. 064149 63 6,
for Series 31 (BNS.PR.D) Preferred Shares of the Bank CUSIP No. 064149 62 8,
for Series 32 (BNS.PR.Z) Preferred Shares of the Bank CUSIP No. 064149 61 0,
for Series 33 (BNS.PR.F) Preferred Shares of the Bank CUSIP No. 064149 59 4,
for Series 34 (BNS.PR.E) Preferred Shares of the Bank CUSIP No. 064149 55 2,
for series 36 (BNS.PR.G) Preferred Shares of the Bank CUSIP No. 064151 20 2, 
for Series 38 (BNS.PR.H) Preferred Shares of the Bank CUSIP No. 064151 11 1, 
for Series 40 (BNS.PR.I) Preferred Shares of the Bank CUSIP No. 06415E 30 3. 

Dividend Taxation
The federal Income Tax Act, and most provincial income tax legislation, provides lower levels of taxation for Canadian individuals who receive eligible dividends. All of the dividends paid by the Bank of Nova Scotia, and any of its subsidiaries, in 2006 are eligible dividends and all dividends paid hereafter will be eligible dividends unless indicated otherwise.

Shareholder Contact Information

Contact information for shareholders questions and inquiries.

Dividend and Share Purchase Plan

Common and preferred shareholders wishing to acquire additional common shares of the Bank may take advantage of a cost-free Dividend and Share Purchase Plan

Most Scotiabank financial documents are available in both hard copy and electronic versions.

Electronic documents are available for Scotiabank press releases, and quarterly earnings.

Same-day email copies of Scotiabank's press releases are available through the Hot off the Wire service provided by MarketWired. Sign up for the Hot off the Wire to receive your Scotiabank updates today!

You can view our Annual Reports, Quarterly Reports and Corporate Social Responsibility Report online.

Shareholders may obtain a hard copy of Scotiabank's 2018 audited annual consolidated financial statements and accompanying Management's Discussion & Analysis on request and without charge by contacting the Investor Relations Department at (416) 775-0798 or investor.relations@scotiabank.com.

Quick Access

Annual Reports

Financial Results

Equity Investors

  • Investor Presentation
  • Analyst Coverage
  • Common Share
  • Preferred Share
  • Ordering Financial Documents

Fixed Income Investors

  • Fixed Income Investor Presentation
  • Credit Ratings
  • Funding Programs
  • Regulatory Disclosure

Events and Presentations

  • Annual General Meeting
  • Investment Commuinty Presentations

Frequently Asked Questions

  • Shareholder Information Questions
  • Corporate Information Questions

Acquisition History

Socially Responsible Investing

 

Forward-Looking Statements

Our public communications often include oral or written forward-looking statements. Statements of this type are included in this document, and may be included in other filings with Canadian securities regulators or the U.S. Securities and Exchange Commission, or in other communications. All such statements are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation. Forward-looking statements may include, but are not limited to, statements made in this document, the Management’s Discussion and Analysis in the Bank’s 2018 Annual Report under the headings “Outlook” and in other statements regarding the Bank’s objectives, strategies to achieve those objectives, the regulatory environment in which the Bank operates, anticipated financial results (including those in the area of risk management), and the outlook for the Bank’s businesses and for the Canadian, U.S. and global economies. Such statements are typically identified by words or phrases such as “believe,” “expect,” “anticipate,” “intent,” “estimate,” “plan,” “may increase,” “may fluctuate,” and similar expressions of future or conditional verbs, such as “will,” “may,” “should,” “would” and “could.”

By their very nature, forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, and the risk that predictions and other forward-looking statements will not prove to be accurate. Do not unduly rely on forward-looking statements, as a number of important factors, many of which are beyond the Bank’s control and the effects of which can be difficult to predict, could cause actual results to differ materially from the estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to: the economic and financial conditions in Canada and globally; fluctuations in interest rates and currency values; liquidity and funding; significant market volatility and interruptions; the failure of third parties to comply with their obligations to the Bank and its affiliates; changes in monetary policy; legislative and regulatory developments in Canada and elsewhere, including changes to, and interpretations of tax laws and risk-based capital guidelines and reporting instructions and liquidity regulatory guidance; changes to the Bank’s credit ratings; operational (including technology) and infrastructure risks; reputational risks; the risk that the Bank’s risk management models may not take into account all relevant factors; the accuracy and completeness of information the Bank receives on customers and counterparties; the timely development and introduction of new products and services; the Bank’s ability to expand existing distribution channels and to develop and realize revenues from new distribution channels; the Bank’s ability to complete and integrate acquisitions and its other growth strategies; critical accounting estimates and the effects of changes in accounting policies and methods used by the Bank as described in the Bank’s annual financial statements (See “Controls and Accounting Policies – Critical accounting estimates” in the Bank’s 2018 Annual Report) and updated by quarterly reports; global capital markets activity; the Bank’s ability to attract and retain key executives; reliance on third parties to provide components of the Bank’s business infrastructure; unexpected changes in consumer spending and saving habits; technological developments; fraud by internal or external parties, including the use of new technologies in unprecedented ways to defraud the Bank or its customers; increasing cyber security risks which may include theft of assets, unauthorized access to sensitive information or operational disruption; anti-money laundering; consolidation in the financial services sector in Canada and globally; competition, both from new entrants and established competitors; judicial and regulatory proceedings; natural disasters, including, but not limited to, earthquakes and hurricanes, and disruptions to public infrastructure, such as transportation, communication, power or water supply; the possible impact of international conflicts and other developments, including terrorist activities and war; the effects of disease or illness on local, national or international economies; and the Bank’s anticipation of and success in managing the risks implied by the foregoing. A substantial amount of the Bank’s business involves making loans or otherwise committing resources to specific companies, industries or countries. Unforeseen events affecting such borrowers, industries or countries could have a material adverse effect on the Bank’s financial results, businesses, financial condition or liquidity. These and other factors may cause the Bank’s actual performance to differ materially from that contemplated by forward-looking statements. For more information, see the “Risk Management” section of the Bank’s 2018 Annual Report.

Material economic assumptions underlying the forward-looking statements contained in this document are set out in the 2018 Annual Report under the headings “Outlook”, as updated by quarterly reports. The “Outlook” sections are based on the Bank’s views and the actual outcome is uncertain. Readers should consider the above-noted factors when reviewing these sections. The preceding list of factors is not exhaustive of all possible risk factors and other factors could also adversely affect the Bank’s results. When relying on forward-looking statements to make decisions with respect to the Bank and its securities, investors and others should carefully consider the preceding factors, other uncertainties and potential events. The forward-looking statements contained in this document are presented for the purpose of assisting the holders of the Bank’s securities and financial analysts in understanding the Bank’s financial position and results of operations as at and for the periods ended on the dates presented, as well as the Bank’s financial performance objectives, vision and strategic goals, and may not be appropriate for other purposes. Except as required by law, the Bank does not undertake to update any forward-looking statements, whether written or oral, that may be made from time to time by or on its behalf.

Additional information relating to the Bank, including the Bank’s Annual Information Form, can be located on the SEDAR website at www.sedar.com and on the EDGAR section of the SEC’s website at www.sec.gov