Scotiabank Announces Dividend on Outstanding Shares
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 05/31/16 -- Scotiabank (TSX: BNS)(NYSE: BNS) today announced a dividend on the outstanding shares of the Bank for the quarter ending July 31, 2016, as follows, payable on July 27, 2016 to shareholders of record at the close of business on July 5, 2016:
Common Shares
Non-Cumulative Preferred Shares
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 for the purposes of dividend reinvestments, stock dividends and optional share purchase under the Plan, the Bank will (i) issue Common Shares from treasury at the average market price (as defined in the Plan) and (ii) discontinue the purchase of Common Shares in the secondary market. Such shares will be allotted for issuance by Computershare Trust Company of Canada, as agent under the Plan, for the account of participants in the Plan, in an amount determined in accordance with the provisions of the Plan.
Contacts:
Jake Lawrence
Investor Relations, Scotiabank
(416) 866-5712
Rick Roth
Public, Corporate and Government Affairs, Scotiabank
(416) 933-1795
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Datum: 31.05.2016 - 04:00 Uhr
Sprache: Deutsch
News-ID 1438284
Anzahl Zeichen: 2401
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Commercial & Investment Banking
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