|Bid||55.08 x 0|
|Ask||55.13 x 0|
|Day's Range||54.13 - 55.87|
|52 Week Range||46.38 - 76.75|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||8.11|
|Earnings Date||May 25, 2020 - May 31, 2020|
|Forward Dividend & Yield||3.60 (6.53%)|
|Ex-Dividend Date||Apr. 05, 2020|
|1y Target Est||69.67|
TORONTO , April 1, 2020 /CNW/ - Scotiabank today announced that its 188th Annual Meeting of Common Shareholders will be held exclusively via webcast and teleconference. The Board of Directors made the decision to alter the meeting format following directives from public health and government authorities regarding enhanced restrictions for public gatherings and social distancing. Scotiabank's 188th Annual Meeting of Common Shareholders will be held on April 7, 2020 , at 9 a.m. EDT .
TORONTO , March 27, 2020 /CNW/ - Canada is in the midst of a public health emergency that has touched everyone. It has created volatility in our markets and impacts to our economy – and has created real ...
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Canadian banks on Tuesday followed U.S. heavyweights in offering additional daily payments, one-time bonuses and extra paid days off to customer-service employees required to work in branches and call centers during the coronavirus crisis. Banks have largely been excluded from government-mandated shutdowns in many countries because they are considered an essential industry, meaning most bank branches, call centers and trading floors have stayed open even as many other firms send their employees home. Royal Bank of Canada , Canadian Imperial Bank of Commerce (CIBC) and Bank of Montreal (BMO) said they would pay an additional C$50 per day to employees.
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Scotia Global Asset Management announces March 2020 cash distributions for Scotia Strategic ETF Portfolios
(Bloomberg) -- Toronto-Dominion Bank priced the largest covered bond on record from a Canadian lender on Friday, days after the country’s central bank widened the range of securities it takes as guarantee for repurchase transactions. Bank of Nova Scotia followed with a similar deal Monday.TD, the country’s second-largest bank by assets, issued C$10 billion ($6.9 billion) of floating-rate covered bonds maturing in 1.5 and 3 years, according to data compiled by Bloomberg. Bank of Nova Scotia priced C$.5.5 billion of 2-year fixed-rate and 3-year floating-rate covered bonds, the data show.The Bank of Canada said March 18 it is starting to allow participants in its term repo operations -- mostly banks -- to pledge their own covered bonds at collateral for such transactions. The change is part of a wide range of measures announced in recent weeks to shore up the country’s financial markets.“TD notes the Bank of Canada recently expanded its eligible collateral to include own-name covered bonds, among other assets,” TD spokeswoman Julie Bellissimo said in an e-mailed statement.Scotiabank’s covered bonds will be used by the lender to buffer its central-bank eligible collateral, a person familiar with the matter said.TD’s C$5 billion portion of 18-month floating-rate covered bonds were priced to yield 200 basis points over 1-month CDOR, and the 3-year floater floater was priced at a spread of 170 basis points. Scotiabank’s C$2.75 billion of notes due 2022 were priced at 185 basis points over similar-maturity government debt. The 2023 floating-rate notes were priced at a spread of 165 basis points over 3-month CDOR.TD’s covered bonds are the largest of their kind from a Canadian bank, according to Bloomberg records going back to 2007.(Updates with Scotiabank transaction beginning in first paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
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TORONTO , March 20, 2020 /CNW/ - Scotiabank today announced several new options for shareholders to participate remotely in the Bank's 188th annual general meeting. Scotiabank's 188th Annual Meeting of Common Shareholders will be held on April 7, 2020 , at 9:00 a.m. EDT . "Considering the potential impact of the COVID-19 pandemic on the Bank's stakeholders, and the directives from public health officials on large group settings, the Board of Directors believes the safest way to participate in the upcoming annual meeting is remotely and we are providing additional ways to enable this for all shareholders," said Julie Walsh , SVP, Corporate Secretary and Chief Corporate Governance Officer, Scotiabank.