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Scotiabank Declares Dividend and Updates Share Purchase Plan

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Scotiabank Declares Dividend and Updates Share Purchase Plan

Bank Of Nova Scotia ( (TSE:BNS) ) just unveiled an update.

Scotiabank has announced a dividend of $1.06 per share on its outstanding common shares, payable on April 28, 2025, to shareholders recorded by April 1, 2025. The bank has decided to continue purchasing common shares on the open market rather than issuing new shares from its treasury, with all associated costs covered by the bank. This decision reflects Scotiabank’s strategic approach to managing shareholder value and market operations.

More about Bank Of Nova Scotia

Scotiabank is a major North American financial institution with assets of approximately $1.4 trillion as of January 31, 2025. It offers a wide range of services including personal and commercial banking, wealth management, private banking, corporate and investment banking, and capital markets. The bank is listed on both the Toronto Stock Exchange and the New York Stock Exchange.

YTD Price Performance: -4.44%

Average Trading Volume: 1,505,116

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $62.27B

Learn more about BNS stock on TipRanks’ Stock Analysis page.

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