National Bank of Canada’s (TSX: NA) Board of Directors announces an
increase in its common shares dividend from $0.60 to $0.62 per share
for the quarter ending July 31, 2018. This dividend is payable on
August 1, 2018 to common shareholders of record on June 26,
2018.
The Board of Directors also declares quarterly
dividends on the following series of first preferred shares. These
dividends are payable on August 15, 2018 to preferred shareholders of
record on July 9, 2018.
PRESS RELEASES
National Bank increases the dividend of its common shares
Montréal, May 30, 2018
Series | Ticker symbol (TSX) | Dividend number | Dividends per share |
30 | NA.PR.S | No. 18 | $0.25625 |
32 | NA.PR.W | No. 15 | $0.24375 |
34 | NA.PR.X | No. 10 | $0.35 |
36 | NA.PR.A | No. 8 | $0.3375 |
38 | NA.PR.C | No. 4 | $0.278125 |
40 | NA.PR.E | No. 2 | $0.2875 |
The above-mentioned dividends on the common and preferred shares are
designated as eligible dividends for the purposes of the Income Tax
Act (Canada) and any similar applicable provincial
legislation.
Eligible shareholders may elect to have
their cash dividend reinvested, free of charge, in common shares in
accordance with the Bank’s Dividend Reinvestment and Share Purchase
Plan. For more information, please contact Computershare Trust
Company of Canada at 1-888-838-1407. Beneficial or non-registered
common and preferred shareholders must contact their financial
institution or broker for instructions on how to participate in such
Plan.
About National Bank of Canada
With
$256 billion in assets as at April 30, 2018, National Bank of Canada, together with
its subsidiaries, forms one of Canada's leading integrated financial
groups. It has more than 22,000 employees in knowledge-intensive
positions and has been recognized numerous times as a top employer and
for its commitment to diversity. Its securities are listed on the
Toronto Stock Exchange (TSX: NA). Follow the Bank’s activities at nbc.ca or via social media such as Facebook, LinkedIn and Twitter.