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Scotiabank Declares Dividend, Updates Share Plan

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Scotiabank Declares Dividend, Updates Share Plan

Bank Of Nova Scotia (TSE:BNS) has released an update.

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Scotiabank has announced a dividend of $1.06 per common share, payable on October 29, 2024, to shareholders who are on record by October 2, 2024. The bank allows shareholders to receive dividends in common shares instead of cash under its Dividend and Share Purchase Plan, with a 2% discount on treasury-issued shares until October 31, 2024. Post this date, the discount will be suspended and share purchases under the plan will occur in the secondary market.

For further insights into TSE:BNS stock, check out TipRanks’ Stock Analysis page.

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