Cash Dividend On The Way From Bank of Nova Scotia Halifax's Non-cumulative Preferred Shares Series 12

On 9/27/13, Bank of Nova Scotia Halifax's Non-cumulative Preferred Shares Series 12 (Toronto: BNS-PRJ) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 10/29/13. As a percentage of BNS.PRJ's recent share price of $25.28, this dividend works out to approximately 1.30%, so look for shares of BNS.PRJ to trade 1.30% lower -- all else being equal -- when BNS.PRJ shares open for trading on 9/27/13. On an annualized basis, the current yield is approximately 5.19%.