National Bank of Canada (OTCMKTS:NTIOF) Increases Dividend to $0.81 Per Share

Posted by Trina Covell on Dec 23rd, 2024

National Bank of Canada (OTCMKTS:NTIOF – Get Free Report) declared a dividend on Saturday, December 21st,investing.com reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.8104 per share by the financial services provider on Saturday, February 1st. This represents a dividend yield of 3.53%. The ex-dividend date of this dividend is Monday, December 30th. This is a boost from National Bank of Canada’s previous dividend of $0.81.

National Bank of Canada Price Performance

Shares of NTIOF opened at $91.84 on Monday. The firm has a fifty day moving average price of $95.67 and a 200 day moving average price of $89.56. The stock has a market cap of $31.28 billion, a PE ratio of 11.70 and a beta of 1.06. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.76 and a quick ratio of 0.76. National Bank of Canada has a 1-year low of $70.00 and a 1-year high of $100.08.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on NTIOF shares. Cibc World Mkts cut shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 20th. Barclays cut National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 21st.

View Our Latest Stock Analysis on NTIOF

About National Bank of Canada

(Get Free Report)

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments 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, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.