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About Scotiabank
Shareholder Information
Common Share - Closing Prices
Common Share Dividends
Common Share Dividend History and Stock Splits
Dividend and Share Purchase Plan
Preferred Shares and Other Capital Securities
Analyst Coverage
Socially Responsible Investment
Credit Ratings
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Common Share Dividend History and Stock Splits

Stock splits/stock dividends have occurred in the following years:

Year Split

1944

10 for 1

1967

5 for 1

1976

2 for 1

1984

3 for 1

1998

2 for 1

2004

2 for 1

NOTE: The Bank declared its initial dividend at the rate of 3% per annum on July 1, 1833. Payments have been made continuously since. Dividends paid in 1892 and subsequent years have been as follows:

Year Annual Dividend
Rate
(as declared)
Note
1892-1899 8.00
1900-1901 9.00
1902 9.50
1903-1905 10.00
1906 11.25
1907-1910 12.00
1911 13.00
1912-1918 14.00
1919-1931 16.00
1932 15.00
1933 12.50
1934-1941 12.00

1934 - Par $100.00

1942 11.50
1943 10.00
1944 8.30

1944 - Split 10 for 1 (Par $10.00)

1945 1.00
1946 1.15
1947-1948 1.20 + .20
1949 1.20 + .30
1950-1951 1.40 + .20

June 30/51 - Rights Offer 1 for 4 @ $30.00 per share

1952 1.60

1953-1954

1.60 + .20

1955

1.70 + .30

1956 1.80 + .20

May 31/56 - Rights Offer 1 for 5 @ $38.00 per share

1957 2.00 + .10
1958 2.00 + .20

Dec. 12/58 - Rights Offer 1 for 5 @ $40.00 per share

1959 2.15 + .10
1960-1961 2.20 + .10

June 10/60 - Rights Offer 1 for 4 @ $42.00 per share

1962-1963 2.20 + .25

March 1/63 – Rights Offer 1 for 9 @ $45.00 per share

1964 2.30 + .25
1965 2.60
1966 2.60 + .10
1967 2.65 + .10

May 12/67 - Split 5 for 1 (Par $2.00)

1968 0.62 + .02
1969 0.70 + .02

Dec. 12/69 - Rights Offer 1 for 8 @ $19.00 per share

1970 0.76 + .02
1971 0.82 + .02
1972 0.97
1973 1.06
1974 1.21

Mar. 30/74 - Rights Offer 1 for 10 @ $33.50 per share

1975 1.49

Dec. 5/75 - Rights Offer 1 for 9 @ $36.00 per share

1976 1.63

Dec. 20/76 - Split 2 for 1 (par $1.00)
$40.00 before split; $20.00 after split

1977 0.86
1978 0.96
1979 1.24

Feb. 17/79 - Rights Offer 1 for 8 @ $21.75 per share

1980 1.43
1981 1.70
1982 1.82

By Order in Council dated April 22, 1982 par $1.00 shares were changed to NO PAR VALUE

1983 1.92
1984 1.02

Jan. 27/84 - Split 3 for 1 (no par)
$44.75 before split; $14.625 after split

1985 0.68
1986 0.69
1987 0.72
1988 0.76
1989 0.88
1990 1.00
1991 1.00
1992 1.04
1993 1.12
1994 1.16
1995 1.24
1996 1.30
1997 1.48
1998 1.00

Feb. 12/98 - Split 2 for 1 (no par)
$66.25 before split; $33.13 after split

1999 0.87
2000 1.00
2001 1.24
2002 1.45
2003 1.68

2004

1.60

Stock dividend of 1 common share for each whole common share. Please view our FAQs page for more information

2005

1.32

2006 1.50

2007 1.74



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