National Bank of Canada (OTCMKTS:NTIOF) declared a quarterly dividend on Wednesday, August 30th, Zacks reports. Shareholders of record on Monday, September 25th will be paid a dividend of 0.463 per share by the financial services provider on Wednesday, November 1st. This represents a $1.85 dividend on an annualized basis and a yield of 3.95%. The ex-dividend date of this dividend is Friday, September 22nd.
National Bank of Canada (OTCMKTS NTIOF) opened at 46.9124 on Thursday. The firm has a 50-day moving average price of $45.20 and a 200-day moving average price of $42.31. The firm has a market capitalization of $16.01 billion, a P/E ratio of 12.2968 and a beta of 1.27. National Bank of Canada has a one year low of $34.19 and a one year high of $47.57.
NTIOF has been the topic of several analyst reports. Zacks Investment Research upgraded National Bank of Canada from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research note on Wednesday, July 5th. Canaccord Genuity initiated coverage on National Bank of Canada in a research note on Tuesday, July 18th. They issued a “buy” rating on the stock. Finally, ValuEngine upgraded National Bank of Canada from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 7th. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $55.40.
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About National Bank of Canada
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