National Bank of Canada (OTCMKTS:NTIOF) Stock Price Crosses Above 50 Day Moving Average of $78.12

National Bank of Canada (OTCMKTS:NTIOF) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $78.12 and traded as high as $84.25. National Bank of Canada shares last traded at $84.06, with a volume of 849 shares traded.

National Bank of Canada Stock Performance

The firm has a market capitalization of $28.51 billion, a PE ratio of 11.96 and a beta of 1.08. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a 50-day moving average price of $78.12 and a 200-day moving average price of $71.82.

National Bank of Canada (OTCMKTS:NTIOF) last announced its earnings results on Wednesday, February 28th. The financial services provider reported $1.92 earnings per share (EPS) for the quarter. The business had revenue of $2.01 billion for the quarter. National Bank of Canada had a return on equity of 17.13% and a net margin of 13.64%.

National Bank of Canada Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, March 25th will be paid a $0.7841 dividend. This represents a yield of 3.85%. This is an increase from National Bank of Canada’s previous dividend of $0.78. The ex-dividend date is Friday, March 22nd. National Bank of Canada’s dividend payout ratio (DPR) is 21.48%.

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.