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Importance of the British Pound The British Pound is the oldest currency still in use today, as well as one of the most commonly converted currencies.

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The following is a record of increases in the quarterly dividend per common share for the fiscal period 2014 to 2017: Common Share Dividend History and Stock Splits Record and Payment Dates for Dividends (Common and Preferred) Subject to approval by the Board of Directors, the payment date for common and all preferred shares is usually the third last business day of each fiscal quarter.

Bank fiscal quarters end with the months of January, April, July and October.

Direct Deposit Registered shareholders may have dividends conveniently deposited directly into accounts held at financial institutions which are members of the Canadian Payments Association.

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Dividend Philosophy Scotiabank's practice has been to relate dividends to the trend earnings, while ensuring that capital levels are sufficient for both growth and depositor protection.

This practice, coupled with the Bank's strong earnings growth, has led to dividend increases in 43 of the last 45 years - one of the most consistent records for dividend growth among major Canadian corporations.

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