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Bank of Nova Scotia (NYSE: BNS) sets Oct. 28 dividend payout

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

BANK OF NOVA SCOTIA (BNS) reports that Scotiabank has declared a dividend on its outstanding common shares, payable on October 28, 2026 to shareholders of record at the close of business on October 6, 2026.

Holders may elect to receive this dividend in common shares instead of cash through the bank’s Shareholder Dividend and Share Purchase Plan. Under the Plan, additional common shares will currently be acquired in the secondary market rather than issued from treasury, as Scotiabank has discontinued treasury issuances under the Plan until it elects otherwise. Purchases will be executed by Computershare Trust Company of Canada as plan agent, with all related brokerage commissions or service charges paid by Scotiabank. The bank reports assets of approximately $1.5 trillion as of July 31, 2026.

Positive

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Filing Explained

The August 25 Form 6-K is incorporated by reference into Scotiabank’s Form S-8 and Form F-3 registration statements, making the report part of those filings to the extent later documents or reports do not supersede it.

Assets approximately $1.5 trillion As at July 31, 2026
Dividend payment date October 28, 2026 Payment date for dividend on outstanding common shares
Dividend record date October 6, 2026 Shareholders of record at close of business on this date receive the dividend
Shareholder Dividend and Share Purchase Plan financial
"in accordance with the Bank’s Shareholder Dividend and Share Purchase Plan"
secondary market financial
"purchases will be made ... in the secondary market in accordance"
The secondary market is where investors buy and sell financial assets, such as stocks or bonds, after they have been initially issued. It functions like a marketplace where ownership changes hands, allowing investors to cash out or acquire investments more easily. This market provides liquidity, making it easier for people to turn their investments into cash or find new opportunities.
outstanding common shares financial
"announced a dividend on the outstanding common shares of the Bank"
The total number of a company’s common stock shares that have been issued and are currently held by outside shareholders, excluding any shares the company has bought back and holds in treasury. It matters because it determines ownership slices and is used to calculate key per-share metrics like market capitalization and earnings per share—think of the company as a pizza and outstanding shares as the number of slices held by others.
shares from treasury financial
"the Bank has discontinued the issuance of common shares from treasury"

FAQ

What did BANK OF NOVA SCOTIA (BNS) announce regarding its common share dividend?

Scotiabank announced a dividend on its outstanding common shares, payable on October 28, 2026 to shareholders of record at the close of business on October 6, 2026. The amount per share is not specified in this announcement.

What are the record and payment dates for the BNS common share dividend?

The dividend on BANK OF NOVA SCOTIA (BNS) common shares is payable on October 28, 2026 to shareholders of record at the close of business on October 6, 2026.

Can BNS shareholders receive the 2026 dividend in shares instead of cash?

Yes. Holders of BANK OF NOVA SCOTIA (BNS) common shares may elect to receive their dividend in additional common shares rather than cash under the bank’s Shareholder Dividend and Share Purchase Plan (the Plan).

Will BNS issue new treasury shares under its Shareholder Dividend and Share Purchase Plan?

No. Scotiabank states that, as previously announced and until it elects otherwise, it has discontinued issuing common shares from treasury under the Plan. Shares for the Plan will instead be purchased in the secondary market.

How will shares be acquired for BNS’s dividend reinvestment and purchase plan?

Under the Plan, additional BANK OF NOVA SCOTIA (BNS) common shares will be purchased in the secondary market by Computershare Trust Company of Canada as agent. Scotiabank will pay all brokerage commissions or service charges related to these purchases.

How large is BANK OF NOVA SCOTIA (BNS) based on assets?

Scotiabank reports assets of approximately $1.5 trillion as of July 31, 2026, describing it as one of the largest banks in North America by assets.

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Learn about SEC filing dates
 
 

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: August 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: August 25, 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 August 25th, 2026 – Scotiabank Announces Dividend on Outstanding Shares

Exhibit 99.1

 

LOGO

Scotiabank Announces Dividend on Outstanding Common Shares

TORONTO, ON (August 25, 2026) – Scotiabank today announced a dividend on the outstanding common shares of the Bank, payable on October 28, 2026, to shareholders of record at the close of business on October 6, 2026:

Common Shares

 

 

Dividend No. 629 of $1.14 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 July 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

Filing Exhibits & Attachments

1 document