Scotiabank Declares Quarterly Dividend of $1.10 Per Share

BenzingaBenzinga
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Key Takeaway

Scotiabank declares $1.10 quarterly dividend per share, marking its 627th consecutive payment. Payable April 28, 2026, with dividend reinvestment plan available.

Scotiabank Declares Quarterly Dividend of $1.10 Per Share

The Bank of Nova Scotia has declared a quarterly dividend of $1.10 per common share, marking the 627th consecutive dividend payment to shareholders. The dividend is payable on April 28, 2026, to all shareholders of record as of April 7, 2026, continuing the bank's established practice of returning capital to investors on a regular basis.

Shareholders have the option to participate in the Bank's Shareholder Dividend and Share Purchase Plan, which allows them to reinvest dividends by purchasing additional common shares. Under this plan, Computershare Trust Company of Canada facilitates share purchases on the secondary market, providing shareholders with an alternative to receiving cash distributions.

The declaration underscores Scotiabank's commitment to maintaining consistent dividend payments as part of its capital allocation strategy. The dividend payment schedule allows shareholders adequate time to register their election preferences through the dividend reinvestment plan prior to the record date.

Source: Benzinga

Back to newsPublished Feb 24

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