National Bank of Canada (OTCMKTS:NTIOF) Declares Dividend of $0.81

National Bank of Canada (OTCMKTS:NTIOF) declared a dividend on Saturday, December 21st,investing.com reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.8104 per share by the financial services provider on Saturday, February 1st. This represents a yield of 3.53%. The ex-dividend date of this dividend is Monday, December 30th. This is an increase from National Bank of Canada’s previous dividend of $0.81.

National Bank of Canada Trading Up 0.4 %

Shares of NTIOF stock opened at $91.84 on Friday. The company has a market capitalization of $31.28 billion, a P/E ratio of 11.70 and a beta of 1.06. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.06. The business’s 50 day moving average is $95.67 and its two-hundred day moving average is $89.56. National Bank of Canada has a twelve month low of $70.00 and a twelve month high of $100.08.

Analyst Upgrades and Downgrades

NTIOF has been the topic of a number of analyst reports. Cibc World Mkts lowered National Bank of Canada from a “strong-buy” rating to a “hold” rating in a report on Friday, September 20th. Barclays downgraded National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 21st.

About National Bank of Canada

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.