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

National Bank of Canada (OTCMKTS:NTIOF) announced a dividend on Saturday, September 21st, investing.com reports. Shareholders of record on Monday, September 30th will be given a dividend of 0.8081 per share by the financial services provider on Friday, November 1st. This represents a yield of 3.45%. The ex-dividend date is Friday, September 27th. This is a boost from National Bank of Canada’s previous dividend of $0.81.

National Bank of Canada Stock Up 0.2 %

NTIOF stock opened at $93.66 on Friday. The stock has a fifty day moving average of $86.91 and a 200-day moving average of $83.86. National Bank of Canada has a fifty-two week low of $60.71 and a fifty-two week high of $94.20. The company has a market capitalization of $31.88 billion, a price-to-earnings ratio of 13.12 and a beta of 1.08. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.79 and a current ratio of 0.79.

National Bank of Canada (OTCMKTS:NTIOF) last issued its earnings results on Wednesday, August 28th. The financial services provider reported $1.96 earnings per share for the quarter. The firm had revenue of $2.18 billion during the quarter. National Bank of Canada had a net margin of 19.10% and a return on equity of 17.48%.

About National Bank of Canada

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.