Year to date, Bank of Nova Scotia stock has gained nearly 16%. Compare that performance to a 2% gain from April to November last year, and it's clear that the company just cannot be stopped right now. Bank of Nova Scotia offers a forward dividend yield of 4.6%. The company has also maintained a 67.7% payout ratio, which gives it more room to keep growing that dividend in the coming years. Any way you look at it, this is one top dividend stock that should find a home in your portfolio.