AdvertisementTORONTO, Nov. 28, 2023 /CNW/ – Scotiabank today announced a dividend on the outstanding shares of the Bank, payable January 29, 2024, to shareholders of record at the close of business on January 3, 2024:Common Shares• Dividend No. 618 of $1.06 per share;Non-Cumulative Preferred Shares• Series 40, Dividend No. 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. For optional share purchases made under the Plan, the Bank will issue common shares from treasury at 100% of the Average Market Price (as defined in the Plan).

Source: The Bubble November 28, 2023 11:21 UTC