On 1/3/14, Bank of Nova Scotia (TSX: BNS.TO) will trade ex-dividend, for its quarterly dividend of $0.62, payable on 1/29/14. As a percentage of BNS's recent stock price of $66.46, this dividend works out to approximately 0.93%, so look for shares of Bank of Nova Scotia Halifax to trade 0.93% lower — all else being equal — when BNS shares open for trading on 1/3/14.
Below is a dividend history chart for BNS, showing historical dividends prior to the most recent $0.62 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 3.73% 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 $55.10 per share, with $66.75 as the 52 week high point — that compares with a last trade of $66.51.
According to the ETF Finder at ETF Channel, BNS makes up 1.84% of the SPDR S&P International Financial Sector ETF (IPF) which is trading lower by about 1.3% on the day Thursday. In Thursday trading, Bank of Nova Scotia Halifax shares are currently trading flat on the day.