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Scotiabank (NYSE: BNS) sets April 28, 2026 dividend with share option

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

The Bank of Nova Scotia announced a dividend on its outstanding shares, payable on April 28, 2026 to shareholders of record at the close of business on April 7, 2026. Holders may choose to receive this dividend in common shares instead of cash through the Bank’s Shareholder Dividend and Share Purchase Plan.

Under the plan, Scotiabank has discontinued issuing common shares from treasury and will instead have Computershare Trust Company of Canada purchase any required shares in the secondary market, with related brokerage commissions and service charges paid by the Bank. Scotiabank reports assets of approximately $1.5 trillion as of January 31, 2026.

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FAQ

What dividend did Scotiabank (BNS) announce in February 2026?

Scotiabank announced a dividend on its outstanding shares, payable on April 28, 2026, to shareholders of record on April 7, 2026. The filing does not specify the dividend amount but confirms timing and eligibility details for shareholders.

When is the record date and payment date for Scotiabank’s April 2026 dividend?

The dividend is payable on April 28, 2026, to shareholders of record at the close of business on April 7, 2026. Investors must be on the share register by that record date to receive the announced dividend payment.

Can Scotiabank (BNS) shareholders receive the dividend in shares instead of cash?

Yes. Shareholders may elect to receive their dividends in Scotiabank common shares instead of cash under the Bank’s Shareholder Dividend and Share Purchase Plan. This election allows investors to reinvest dividends directly into additional Bank common shares.

Will Scotiabank issue new treasury shares under its dividend reinvestment plan?

Scotiabank has discontinued issuing common shares from treasury under its Shareholder Dividend and Share Purchase Plan until it elects otherwise. Instead, additional common shares needed for the plan will be purchased in the secondary market by the plan’s agent.

Who buys shares for Scotiabank’s dividend reinvestment plan and who pays the fees?

Computershare Trust Company of Canada, acting as plan agent, will purchase common shares in the secondary market for the Shareholder Dividend and Share Purchase Plan. Scotiabank will pay all brokerage commissions and service charges associated with these share purchases.

How large is Scotiabank according to the February 2026 disclosure?

Scotiabank reports assets of approximately $1.5 trillion as of January 31, 2026. This level of total assets makes it one of the largest banks in North America by assets, according to the information provided in the disclosure.
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

Form 6-K

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

 

For the month of: February 2026

Commission File Number: 002-09048

 

 

THE BANK OF NOVA SCOTIA

(Name of registrant)

40 Temperance Street, Toronto, Ontario, M5H 0B4

(416) 866-3672

(Address of Principal Executive Offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☐     Form 40-F ☒

This report on Form 6-K shall be deemed to be incorporated by reference in The Bank of Nova Scotia’s registration statements on Form S-8 (File No. 333-199099) and Form F-3 (File No. 333-282565) and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.

 

 
 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    THE BANK OF NOVA SCOTIA
Date: February 24, 2026     By:  

/s/ Gerhardt Samwell

      Name: Gerhardt Samwell
      Title: Senior Vice-President and Chief Accountant


    EXHIBIT INDEX

 

Exhibit   

Description of Exhibit

99.1    Press Release dated February 24th, 2026 – Scotiabank Announces Dividend on Outstanding Shares

Exhibit 99.1

 

LOGO

Scotiabank Announces Dividend on Outstanding Shares

TORONTO, ON (February 24, 2026) – Scotiabank today announced a dividend on the outstanding shares of the Bank, payable April 28, 2026, to shareholders of record at the close of business on April 7, 2026:

Common Shares

 

 

Dividend No. 627 of $1.10 per share

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”). Under the Plan, the Bank determines whether the additional common shares will be purchased on the open market or issued by the Bank from treasury.

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. Purchases of common shares under the Plan will be made by Computershare Trust Company of Canada, as agent under the Plan, in the secondary market in accordance with the provisions of the Plan. All brokerage commissions or service charges in connection with such purchases will be paid by the Bank.

About Scotiabank

Scotiabank’s vision is to be our clients’ most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: “for every future,” we help our clients, their families and their communities achieve success through a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.5 trillion (as at January 31, 2026), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit http://www.scotiabank.com and follow us on X @Scotiabank.

SOURCE The Bank of Nova Scotia

For further information:

Meny Grauman, Investor Relations, Scotiabank, meny.grauman@scotiabank.com

Rebecca Hoang, Investor Relations, Scotiabank, Rebecca.hoang@scotiabank.com

Filing Exhibits & Attachments

1 document