TORONTO, Feb. 25,
2025 /CNW/ - Scotiabank today announced a dividend on
the outstanding shares of the Bank, payable April 28, 2025, to shareholders of record at the
close of business on April 1,
2025:
Common Shares
- Dividend No. 623 of $1.06 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"). Under
the Plan, the Bank determines whether the additional common shares
will be purchased on the open market or issued by the Bank from
treasury.
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 in accordance with the provisions of the Plan. All
brokerage commissions or service charges in connection with such
purchases will be paid by the Bank.
About Scotiabank
Scotiabank's vision is to be our clients' most trusted financial
partner and deliver sustainable, profitable growth. Guided by our
purpose: "for every future," we help our clients, 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 assets of
approximately $1.4 trillion (as at
January 31, 2025), Scotiabank is one
of the largest banks in North
America by assets, and trades on the Toronto Stock Exchange
(TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more
information, please visit www.scotiabank.com and follow us on X
@Scotiabank.
SOURCE Scotiabank