NTIOF - National Bank Of Canada: A Compelling Dividend Growth Story
- Following regulatory permission by the Canadian banking regulator OSFI, National Bank has announced a massive return of capital to shareholders.
- National Bank of Canada has increased its dividend by 23%.
- Additionally, the Bank has plans to buy back approximately 2% of outstanding common shares.
- Best in class ROE and a sector-low payout ratio will propel future dividend growth.
- This marks the resumption of regular dividend increases that investors can expect from National Bank going forward.
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National Bank Of Canada: A Compelling Dividend Growth Story