National Bank of Canada (NA) to Distribute Quarterly Dividend of $1.32 on August 1st

National Bank of Canada (TSE:NA) declared a quarterly dividend on Monday, June 29th, TickerTech Dividends reports. Stockholders of record on Saturday, August 1st will be paid a dividend of 1.32 per share by the financial services provider on Saturday, August 1st. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Monday, June 29th. This is a 6.5% increase from National Bank of Canada’s previous quarterly dividend of $1.24.

National Bank of Canada Stock Down 0.8%

Shares of NA opened at C$222.03 on Friday. National Bank of Canada has a 52-week low of C$138.47 and a 52-week high of C$226.19. The company has a market cap of C$85.51 billion, a PE ratio of 19.65, a P/E/G ratio of 7.14 and a beta of 1.40. The business has a fifty day moving average of C$208.12 and a 200 day moving average of C$188.04.

National Bank of Canada (TSE:NA) last released its earnings results on Wednesday, May 27th. The financial services provider reported C$3.23 earnings per share (EPS) for the quarter. National Bank of Canada had a net margin of 16.87% and a return on equity of 13.77%. The firm had revenue of C$3.91 billion during the quarter. As a group, research analysts anticipate that National Bank of Canada will post 10.8360791 earnings per share for the current fiscal year.

About National Bank of Canada

National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.