logo
Plus   Neg
Share
Email

Scotiabank Boosts Qtly Dividend By Three Cents - Quick Facts

Canadian lender Bank of Nova Scotia (BNS.TO,BNS), called as Scotiabank, announced Wednesday a three cents higher dividend of $0.90 per share on the outstanding shares of the Bank, payable October 29, 2019 to shareholders of record at the close of business on October 1, 2019.

The bank noted that 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.

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.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Arts and crafts chain Hobby Lobby has been ordered to shut its stores after the retailer reopened them by defying stay-at-home orders in various states amid the coronavirus pandemic. Ohio Attorney General Dave Yost said on Twitter that he sent a cease-and-desist letter following which the retailer agreed to close its stores on Wednesday night. Boston Scientific Corp. said Thursday that to lessen the impact of the coronavirus pandemic on its business, it will significantly reduce the salaries of its chief executive officer, directors and executive committee members. The company also intends to temporarily reduce work week schedules for employees, where appropriate. The medical device maker said these measures are to reduce costs. Marriott International announced a security data breach at its property system that hit up to approximately 5.2 million guests. The breached information is believed to exclude Marriott Bonvoy account passwords or PINs, payment card information, passport information, national IDs, or driver's license numbers. The latest incident, however, is less severe compared to the hotel chain's 2018 data breac
RELATED NEWS
Follow RTT
>