Bank Of Nova Scotia (BNS) Dividend Coverage Ratio (2018 - 2026)
Bank Of Nova Scotia's Dividend Coverage Ratio came in at 1.83 for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 18.5% from 1.54 a year earlier.
Bank Of Nova Scotia (BNS) Dividend Coverage Ratio (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Bank Of Nova Scotia reported Dividend Coverage Ratio of 1.58, up 37.7% year-over-year; for FY2025 (ended Oct 31, 2025), it was 1.22, down 3.4% from FY2024.
- Going back by fiscal year, Dividend Coverage Ratio was 1.27 in FY2024 (+1.0%), 1.25 in FY2023 (-32.1%), 1.85 in FY2022 (-7.1%) and 1.99 in FY2021 (+42.1%).
- The fiscal Q3 2026 figure represents the highest quarterly Dividend Coverage Ratio since fiscal Q3 2022.
- Year-over-year, Dividend Coverage Ratio increased in five of the last seven quarters, with growth averaging 20.3%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in fiscal Q1 2026 (growth of 102.2%), and the weakest in fiscal Q1 2025 (a decline of 52.0%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 205.25 Bn | -2,192.43 Bn | 23.76 Bn | - |
| 2 | Bhp | 201.96 Bn | 156.98 Bn | - | - |
| 3 | Bank Of Nova Scotia | 114.44 Bn | -316.95 Bn | - | 1.83 |
| 4 | Vylor | 48.40 Bn | 46.20 Bn | 313.00 Mn | - |
| 5 | Nokia | 46.28 Bn | 46.28 Bn | 2.58 Bn | - |
| 6 | Haleon | 41.09 Bn | 34.80 Bn | - | - |
| 7 | Gold Fields | 32.02 Bn | 28.94 Bn | - | - |
| 8 | Smith & Nephew | 27.46 Bn | 24.86 Bn | - | - |
| 9 | Sprott Physical Gold Trust | 13.93 Bn | 13.78 Bn | - | - |
| 10 | Magnum Ice Cream | 12.19 Bn | 10.88 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.83 |
| Apr 30, 2026 | 1.67 |
| Jan 31, 2026 | 1.42 |
| Oct 31, 2025 | 1.41 |
| Jul 31, 2025 | 1.54 |
| Apr 30, 2025 | 1.26 |
| Jan 31, 2025 | 0.70 |
| Oct 31, 2024 | 1.05 |
| Jul 31, 2024 | 1.23 |
| Apr 30, 2024 | 1.37 |
| Jan 31, 2024 | 1.47 |
| Oct 31, 2023 | 0.86 |
| Jul 31, 2023 | 1.50 |
| Apr 30, 2023 | 1.52 |
| Jan 31, 2023 | 1.20 |
| Oct 31, 2022 | 1.43 |
| Jul 31, 2022 | 1.98 |
| Apr 30, 2022 | 2.04 |
| Jan 31, 2022 | 2.06 |
| Oct 31, 2021 | 2.01 |
Bank Of Nova Scotia Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=BNS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "BNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=BNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();