Bank of Nova Scotia T.BNS

FYI: Record Date Details NR

[TimeBuilder]

Scotiabank Announces Dividend on Outstanding Shares

T.BNS | August 24, 2021

TORONTO, Aug. 24, 2021 /CNW/ - Scotiabank today announced a dividend on the outstanding shares of the Bank, payable October 27, 2021 to shareholders of record at the close of business on October 5, 2021:

Common Shares

• Dividend No. 609 of $0.90 per share;

[satchmo6]

does Scotia have their own brokers, or use CIBC  my sister is loaded and uses Gumby---- u know Wood Gumby

[dileas48s]

Scotia has their own brokerage (as far as I know).  It's called iTrade.  It was formerly E-Trade which they acquired in 2008. BTW, as expected the share price was adjusted down $0.90 to reflect the ex-dividend date this morning. Everyone should understand that the settlement date has nothing to do with when you get the dividend.  If you owned the stock prior to the market

[dileas48s]

I need to correct that.  It's not that the settlement date has nothing to do with when you get the dividend - that's not really true.  It's that companies set the "record date" to be aligned with the ex-dividend date such that if you traded to own the stock as of the opening of the ex-dividend date then you will get the dividend, because the trade will have been