National Bank of Canada provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services comprise credit, and deposit and investment solutions, as well as international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services. The Wealth Management segment comprises investment solutions, trust services, banking services, lending services, and other wealth management solutions. The Financial Markets segment offers corporate banking, advisory, and capital markets services; and project financing, debt, and equity underwriting; advisory services in the areas of mergers and acquisitions, and financing. The U.S. Specialty Finance and International segment provides specialty finance products; financial products and services to individuals and businesses in Cambodia; and investment solutions, guaranteed investment certificates, mutual funds, notes, structured products, and monetization. It provides its services through a network of 384 branches and 927 banking machines. National Bank of Canada was founded in 1859 and is based in Montreal, Canada.
National Bank of Canada Dividend Announcement
• National Bank of Canada announced a quarterly dividend of $0.82 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-09-27
• National Bank of Canada annual dividend for 2024 was $3.18
• National Bank of Canada annual dividend for 2023 was $3.03
• National Bank of Canada's trailing twelve-month (TTM) dividend yield is 2.85%
• National Bank of Canada's payout ratio for the trailing twelve months (TTM) is 44.27%
• National Bank of Canada's dividend growth over the last five years (2018-2023) was 9.95% year
• National Bank of Canada's dividend growth over the last ten years (2013-2023) was -6.60% year
National Bank of Canada Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | $0.82 | quarterly | 2024-11-01 |
2024-06-24 | $0.80 | quarterly | 2024-08-01 |
2024-04-05 | $0.78 | quarterly | 2024-05-01 |
2024-03-22 | $0.78 | quarterly | 2024-05-01 |
2023-12-21 | $0.79 | quarterly | 2024-02-01 |
2023-09-22 | $0.76 | quarterly | 2023-11-01 |
2023-06-23 | $0.78 | quarterly | 2023-08-01 |
2023-03-24 | $0.71 | quarterly | 2023-05-01 |
2022-12-22 | $0.71 | quarterly | 2023-02-01 |
2022-09-23 | $0.68 | quarterly | 2022-11-01 |
2022-06-24 | $0.71 | quarterly | 2022-08-01 |
2022-03-25 | $0.69 | quarterly | 2022-05-01 |
2021-12-23 | $0.68 | quarterly | 2022-02-02 |
2021-09-24 | $0.56 | quarterly | 2021-11-01 |
2021-06-25 | $0.58 | quarterly | 2021-08-01 |
2021-03-26 | $0.56 | quarterly | 2021-05-01 |
2020-12-23 | $0.55 | quarterly | 2021-02-01 |
2020-09-25 | $0.53 | quarterly | 2020-11-01 |
2020-06-26 | $0.52 | quarterly | 2020-08-01 |
2020-03-27 | $0.71 | quarterly | 2020-05-01 |
2019-12-27 | $0.54 | quarterly | 2020-02-01 |
2019-09-27 | $0.51 | quarterly | 2019-11-01 |
2019-06-24 | $0.52 | quarterly | 2019-08-01 |
2019-03-22 | $0.49 | quarterly | 2019-05-01 |
2018-12-28 | $0.48 | quarterly | 2019-02-01 |
2018-09-21 | $0.48 | quarterly | 2018-11-01 |
2018-06-25 | $0.47 | quarterly | 2018-08-01 |
2018-03-23 | $0.46 | quarterly | 2018-05-01 |
2017-12-22 | $0.47 | quarterly | 2018-02-01 |
2017-09-22 | $0.47 | quarterly | 2017-11-01 |
2017-06-22 | $0.44 | quarterly | 2017-08-01 |
2017-03-23 | $0.42 | quarterly | 2017-05-01 |
2016-12-22 | $0.42 | quarterly | 2017-02-01 |
2016-09-22 | $0.42 | quarterly | 2016-11-01 |
2016-06-16 | $0.43 | quarterly | 2016-08-01 |
2016-03-23 | $0.41 | quarterly | 2016-05-01 |
2015-12-17 | $0.39 | quarterly | 2016-02-01 |
2015-09-24 | $0.39 | quarterly | 2015-11-01 |
2015-06-18 | $0.42 | quarterly | 2015-08-01 |
2015-03-26 | $0.40 | quarterly | 2015-05-01 |
2014-12-23 | $0.43 | quarterly | 2015-02-01 |
2014-09-23 | $0.43 | quarterly | 2014-11-01 |
2014-06-24 | $0.45 | quarterly | 2014-08-01 |
2014-03-25 | $0.41 | quarterly | 2014-05-01 |
2013-12-23 | $0.86 | quarterly | 2014-02-01 |
2013-09-24 | $1.74 | quarterly | 2013-11-01 |
2013-06-18 | $1.74 | quarterly | 2013-08-01 |
2013-03-26 | $1.66 | quarterly | 2013-05-01 |
National Bank of Canada Dividend per year
National Bank of Canada Dividend growth
National Bank of Canada Dividend Yield
National Bank of Canada current trailing twelve-month (TTM) dividend yield is 2.85%. Interested in purchasing National Bank of Canada stock? Use our calculator to estimate your expected dividend yield:
National Bank of Canada Financial Ratios
National Bank of Canada Dividend FAQ
Other factors to consider when evaluating National Bank of Canada as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: National Bank of Canada's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, National Bank of Canada publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, National Bank of Canada distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from National Bank of Canada are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: National Bank of Canada sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, National Bank of Canada distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: National Bank of Canada declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of National Bank of Canada's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review National Bank of Canada's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.