The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from CNW Group

BNS Split Corp. II Declares Quarterly Dividends

Tuesday, April 30, 2013

BNS Split Corp. II Declares Quarterly Dividends

13:28 EDT Tuesday, April 30, 2013

TORONTO, April 30, 2013 /CNW/ - The Board of Directors of BNS Split Corp. II (the "Company") has declared today dividends of $0.2003 per Preferred Share and $0.125 per Capital Share, payable on June 21, 2013 to holders of record at the close of business on June 14, 2013.

Holders of Preferred Shares are entitled to receive quarterly fixed cumulative distributions equal to $0.2003 per Preferred Share. The Company's Capital Share dividend policy is to pay a quarterly dividend on the Capital Shares equal to the dividends received by the Company on the BNS Shares minus the dividends payable on the Preferred Shares and all administrative and operating expenses provided the net asset value per Unit at the time of declaration, after giving effect to the dividend, would be greater than the original issue price of the Preferred Shares.

BNS Split Corp. II is a mutual fund corporation created to hold a portfolio of common shares of The Bank of Nova Scotia.  Capital Shares and Preferred Shares of BNS Split Corp. II are listed for trading on The Toronto Stock Exchange under the symbols BSC and BSC.PR.B respectively.

SOURCE: BNS Split Corp. II

For further information:

Investor Relations
BNS Split Corp. II
(416) 863-7301
E-mail: mc.bnssplit2@scotiabank.com
Web site: www.scotiamanagedcompanies.com

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections