Yesterday, 11:18 AM
Scotiabank Increases Dividend on Outstanding Shares
May 27, 2025
TORONTO, May 27, 2025 /CNW/ - Scotiabank today announced an increase to the quarterly dividend by 4 cents to $1.10 on the outstanding shares of the Bank, payable July 29, 2025, to shareholders of record at the close of business on July 2, 2025.
============================
I didn't see this before and the exchange rate fluctuation masked the change when it happened. NYSE:BNS has held their dividend steady for several years due to reorganizing the business and the Bank of Canada's (Canadian version of the FED) requirement to freeze dividends during the Covid time frame. This is a 3.8% increase.
May 27, 2025
TORONTO, May 27, 2025 /CNW/ - Scotiabank today announced an increase to the quarterly dividend by 4 cents to $1.10 on the outstanding shares of the Bank, payable July 29, 2025, to shareholders of record at the close of business on July 2, 2025.
============================
I didn't see this before and the exchange rate fluctuation masked the change when it happened. NYSE:BNS has held their dividend steady for several years due to reorganizing the business and the Bank of Canada's (Canadian version of the FED) requirement to freeze dividends during the Covid time frame. This is a 3.8% increase.
=====
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan