Scotiabank Announces Dividend on Common Shares

TORONTO, June 1 /PRNewswire-FirstCall/ - Scotiabank today declared a dividend on the outstanding shares of the Bank for the quarter ending July 31, 2010, as follows, payable on July 28, 2010 to shareholders of record at the close of business on July 6, 2010:

    Common Shares

    - Dividend # 564             of $0.49 per share;

    Non-Cumulative Preferred Shares

    - Series 12, Dividend # 48   of $0.328125 per share;
    - Series 13, Dividend # 21   of $0.30 per share;
    - Series 14, Dividend # 14   of $0.28125 per share;
    - Series 15, Dividend # 13   of $0.28125 per share;
    - Series 16, Dividend # 11   of $0.328125 per share;
    - Series 17, Dividend # 10   of $0.35 per share;
    - Series 18, Dividend # 9    of $0.3125 per share;
    - Series 20, Dividend # 9    of $0.3125 per share;
    - Series 22, Dividend # 7    of $0.3125 per share;
    - Series 24, Dividend # 6    of $0.3906 per share;
    - Series 26, Dividend # 6    of $0.390625 per share;
    - Series 28, Dividend # 6    of $0.390625 per share;
    - Series 30, Dividend # 1    of $0.2822 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.

SOURCE Scotiabank

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