National Bank of Canada (NA) to Issue Quarterly Dividend of $0.60 on February 1st
National Bank of Canada (TSE:NA) announced a quarterly dividend on Friday, December 1st, RTT News reports. Shareholders of record on Wednesday, December 27th will be paid a dividend of 0.60 per share by the financial services provider on Thursday, February 1st. This represents a $2.40 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date is Friday, December 22nd. This is a positive change from National Bank of Canada’s previous quarterly dividend of $0.58.
Shares of National Bank of Canada (NA) opened at C$63.21 on Thursday. National Bank of Canada has a one year low of C$51.41 and a one year high of C$64.39.
In related news, insider Dominique Fagnoule sold 14,200 shares of National Bank of Canada stock in a transaction on Friday, December 8th. The stock was sold at an average price of C$64.20, for a total transaction of C$911,640.00. Also, Director Louis Vachon sold 100,000 shares of National Bank of Canada stock in a transaction on Friday, December 8th. The stock was sold at an average price of C$64.18, for a total value of C$6,418,000.00. Over the last quarter, insiders have purchased 11,900 shares of company stock worth $698,518 and have sold 245,872 shares worth $15,651,761.
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