National Bank of Canada (NTIOF) to Issue Dividend of $0.80 on May 1st

National Bank of Canada (OTCMKTS:NTIOF) announced a dividend on Saturday, March 22nd, investing.com reports. Investors of record on Tuesday, April 1st will be paid a dividend of 0.7975 per share by the financial services provider on Thursday, May 1st. This represents a yield of 3.86%. The ex-dividend date of this dividend is Monday, March 31st.

National Bank of Canada Stock Performance

Shares of OTCMKTS:NTIOF opened at $82.61 on Monday. The firm’s 50 day simple moving average is $86.61 and its 200-day simple moving average is $91.69. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.76 and a current ratio of 0.76. National Bank of Canada has a one year low of $76.77 and a one year high of $100.08. The firm has a market cap of $32.32 billion, a PE ratio of 10.52 and a beta of 1.09.

Wall Street Analyst Weigh In

NTIOF has been the subject of several research reports. Cormark cut National Bank of Canada from a “moderate buy” rating to a “hold” rating in a report on Friday, February 21st. Cibc World Mkts downgraded shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 18th. Finally, CIBC reaffirmed a “neutral” rating on shares of National Bank of Canada in a research report on Wednesday, March 5th.

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.