Bank Of Nova Scotia (TSE:BNS) has released an update.
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Scotiabank has declared a dividend of $1.06 per share for its common shares, with a payment date set for April 26, 2024, to shareholders on record as of April 2, 2024. Shareholders have the option to receive dividends in the form of additional common shares instead of cash, benefiting from a 2% discount on shares issued from treasury under the Bank’s Dividend and Share Purchase Plan. This initiative aligns with Scotiabank’s commitment to delivering sustainable growth and maximizing shareholder return, backed by its substantial $1.4 trillion in assets.
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