Scotiabank Announces Dividend on Outstanding Shares - Includes 5% Increase on Common Shares

TORONTO, March 5, 2013 /PRNewswire/ - Scotiabank today announced a dividend on the outstanding shares of the Bank for the quarter ending April 30, 2013, as follows, payable on April 26, 2013 to shareholders of record at the close of business on April 2, 2013:

Common Shares

• Dividend # 575   of $0.60 per share; an increase of 3 cents

Non-Cumulative Preferred Shares

• Series 12, Dividend # 59  of $0.328125 per share;
• Series 13, Dividend # 32  of $0.30 per share;
• Series 14, Dividend # 25  of $0.28125 per share;
• Series 15, Dividend # 24  of $0.28125 per share;
• Series 16, Dividend # 22  of $0.328125 per share;
• Series 17, Dividend # 21  of $0.35 per share;
• Series 18, Dividend # 20  of $0.3125 per share;
• Series 20, Dividend # 20  of $0.3125 per share;
• Series 22, Dividend # 18  of $0.3125 per share;
• Series 24, Dividend # 17  of $0.3906 per share;
• Series 26, Dividend # 17  of $0.390625 per share;
• Series 28, Dividend # 17  of $0.390625 per share;
• Series 30, Dividend # 12  of $0.240625 per share;
• Series 32, Dividend # 9  of $0.23125 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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