TORONTO, June 1, 2021 /CNW/ - Scotiabank today announced a
dividend on the outstanding shares of the Bank, payable
July 28, 2021 to shareholders of
record at the close of business on July 6,
2021:
Common Shares
- Dividend No. 608 of $0.90 per share;
Non-Cumulative Preferred Shares
- Series 36, Dividend No. 21 of $0.343750 per share;
- Series 38, Dividend No. 19 of $0.303125 per share;
- Series 40, Dividend No. 11 of $0.303125 per share;
Holders may elect to receive their dividends in common shares of
the Bank in lieu of cash dividends, in accordance with the Bank's
Shareholder Dividend and Share Purchase Plan (the "Plan"). As
previously announced, until such time as the Bank elects otherwise,
the Bank has discontinued the issuance of common shares from
treasury under the Plan. Purchases of common shares under the Plan
will be made by Computershare Trust Company of Canada, as agent under the Plan, in the
secondary market at the Average Market Price (as defined in the
Plan). All brokerage commissions or service charges in connection
with such purchases will be paid by the Bank.
About Scotiabank
Scotiabank is a leading bank in the Americas. Guided by our
purpose: "for every future", we help our customers, their families
and their communities achieve success through a broad range of
advice, products and services, including personal and commercial
banking, wealth management and private banking, corporate and
investment banking, and capital markets. With a team of
approximately 90,000 employees and assets of approximately
$1.1 trillion (as at April 30, 2021), Scotiabank trades on the Toronto
Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS).
For more information, please visit
http://www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
SOURCE Scotiabank