NA.PR.G:CC - National Bank increases its common share dividend by 4 cents
Canada NewsWire
MONTREAL , May 29, 2024 /CNW/ - National Bank of Canada's (TSX: NA) Board of Directors announces an increase of 4 cents per common share to $1 .10 per common share for the quarter ending July 31, 2024. This dividend is payable on August 1, 2024, to common shareholders of record on June 24, 2024.
The Board of Directors also declares quarterly dividends on the following series of first preferred shares. These dividends are payable on August 15, 2024, to first preferred shareholders of record on July 8, 2024.
Series |
Ticker symbol (TSX) |
Dividend number |
Dividends per share |
30 |
NA.PR.S |
No. 42 |
$0.3869375 |
32 |
NA.PR.W |
No. 39 |
$0.2399375 |
38 |
NA.PR.C |
No. 28 |
$0.4391875 |
40 |
NA.PR.E |
No. 26 |
$0.363625 |
42 |
NA.PR.G |
No. 24 |
$0.4410 |
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 $442 billion in assets as at April 30, 2024, National Bank of Canada is one of Canada's six systemically important banks. The Bank has approximately 30,000 employees in knowledge-intensive positions and operates through three business segments in Canada : Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media.
SOURCE National Bank of Canada
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2024/29/c7807.html
Company Name: | National Bank Of Canada Non-Cumulative 5-Year Rate Reset First Preferred Shares Series 42 |
Stock Symbol: | NA.PR.G:CC |
Market: | TSXC |
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