NTIOF News and Press, National Bank of Canada From 05/27/22

National Bank of Canada (OTCPK:NTIOF) declares CAD 0.92/share quarterly dividend, 5.7% increase from prior dividend of CAD 0.87. Forward yield 3.88% Payable Aug. 1; for shareholders of record June 27; ex-div June 24. See NTIOF Dividend Scorecard, Yield Chart, & Dividend Growth. For furt...

National Bank of Canada press release (OTCPK:NTIOF): FQ2 Non-GAAP EPS of C$2.55. Revenue of C$2.49B (+9.2% Y/Y). As at April 30, 2022, the Common Equity Tier 1 capital ratio under Basel III stood at 12.9%, up from 12.4% as at October 31, 2021. As at April 30, 2022, the Basel III leverage rati...

In Canada, the energy sector saved the day for a while, but there is a limit to what a single sector (even important) can do to lift an entire market. The good thing to do is to take more time to write down your investment thesis to invest with more conviction. While this was a to...

National Bank of Canada is in a good position to see further loan growth across the non-retail sector if business growth in Canada remains strong. Residential mortgage exposure could be a risk factor if mortgage demand declines due to higher rates. The upcoming financial quarter w...

Our Drips (Dividend Reinvestment Program) added $44.87 to our yearly forward dividends this month. In March, we added an additional 50k to our family’s private investment. We now will bring in 1k a month from this. All in all, we added $465.06 to our forward dividend income...

Last month, I decided I had enough of Andrew Peller’s weak growth. One of the reasons why I bought shares in this company in 2017 was its growth by acquisition strategy. At the beginning of March, I bought 99 shares of Brookfield Renewable Energy at $48.42. The future of en...

This month, our HELOC got finalized and it was finally time to put that money to work and grow that income. We continued to grow our position in Alimentation Couche-Tard. This stock has treated us very well since buying it during the Carrefour dip. Overall, we added $1,035.64 to o...

The shifting lanes of Canadian banks. Scotiabank retreats from its international strategy. Will Royal Bank regain market shares lost in Q1? For further details see: Will Canadian Bank Profits Grow As Interest Rates Rise?

National Bank of Canada has shown significant growth in net interest and non-interest income over the past year. The macroeconomic environment with respect to inflation remains uncertain. However, I am cautiously optimistic that the bank can continue to grow income and manage its ...

5 raises this month – very nice, but not the biggest raises. 6 companies paid us this month. In January, our solar panel system generated 153 kWh. For further details see: February 2022 Passive Income