National Bank of Canada (NTIOF) To Go Ex-Dividend on December 30th

National Bank of Canada (OTCMKTS:NTIOF) announced a dividend on Saturday, December 21st,investing.com reports. Stockholders of record on Tuesday, December 31st will be paid 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 an increase from National Bank of Canada’s previous dividend of $0.81.

National Bank of Canada Stock Performance

Shares of National Bank of Canada stock opened at $91.84 on Monday. The firm has a market capitalization of $31.28 billion, a P/E ratio of 11.70 and a beta of 1.06. National Bank of Canada has a 52 week low of $70.00 and a 52 week high of $100.08. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.06. The company has a 50 day moving average price of $95.67 and a 200 day moving average price of $89.56.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NTIOF. Barclays cut National Bank of Canada from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 21st. Cibc World Mkts downgraded shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 20th.

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.