TORONTO, May 29, 2018 /CNW/ - Scotiabank today announced a dividend on the outstanding shares of the Bank for the quarter ending July 31, 2018, payable July 27, 2018 to shareholders of record at the close of business on July 3, 2018:
| Common Shares |
|
|
of $0.82 per share, |
| Non-Cumulative Preferred Shares |
|
|
of $0.225625 per share; |
|
of $0.173648 per share; |
|
of $0.239375 per share; |
|
of $0.184867 per share; |
|
of $0.113750 per share; |
|
of $0.130018 per share; |
|
of $0.128938 per share; |
|
of $0.151210 per share; |
|
of $0.343750 per share; |
|
of $0.343750 per share; |
|
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.
SOURCE Scotiabank
Adam Borgatti, Investor Relations, Scotiabank, (416) 866-5042, [email protected]; Rick Roth, Global Communications, Scotiabank, (416) 933-1795, [email protected]
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