National Bank of Canada (OTCMKTS:NTIOF) Plans $0.80 Dividend

National Bank of Canada (OTCMKTS:NTIOF - Get Free Report) announced a dividend on Saturday, March 22nd, investing.com reports. Shareholders of record on Tuesday, April 1st will be given a dividend of 0.7975 per share by the financial services provider on Thursday, May 1st. This represents a dividend yield of 3.86%. The ex-dividend date is Monday, March 31st.

National Bank of Canada Stock Performance

Shares of OTCMKTS:NTIOF traded up $0.22 during midday trading on Wednesday, reaching $84.34. 41,627 shares of the company's stock traded hands, compared to its average volume of 84,481. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.76 and a current ratio of 0.76. National Bank of Canada has a one year low of $76.77 and a one year high of $100.08. The company has a market cap of $33.00 billion, a price-to-earnings ratio of 10.74 and a beta of 1.09. The stock has a 50 day moving average of $86.13 and a 200 day moving average of $91.52.

Wall Street Analyst Weigh In

NTIOF has been the topic of a number of research analyst reports. Cormark downgraded shares of National Bank of Canada from a "moderate buy" rating to a "hold" rating in a research report on Friday, February 21st. CIBC restated a "neutral" rating on shares of National Bank of Canada in a research note on Wednesday, March 5th. Finally, Cibc World Mkts downgraded National Bank of Canada from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 18th.

Remove Ads

National Bank of Canada Company Profile

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.