Today the Board of Directors of Scotiabank announced a quarterly dividend increase of from CA$
0.76 to CA$ 0.79 per share that’s payable October 27, 2017 to holders of record October 03, 2017. This represents a 3.95
% increase from prior
dividend. It should be noted that this is the second dividend increase
in the current calendar year as it was also raises by CA$ 0.02 in
February 2017. So the increase in this calendar year is CA$ 0.05 or
6.76% from the last dividend paid in October 2016. With current price
CA$ 77.20 (yesterday's close), this raise brings their dividend
yield to 4.09 %.
No comments:
Post a Comment