National Bank of Canada Raises Common Share Dividends by 8 Cents
National Bank increases its common share dividends by 8 cents
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National Bank of Canada has announced an increase in its common share dividends by 8 cents, bringing the total to $1.32 per share for the quarter ending July 31, 2026. This dividend will be payable on August 1, 2026, to shareholders recorded by June 29, 2026.
- 01The new dividend rate for common shares is $1.32 per share.
- 02Dividends are payable on August 1, 2026, to shareholders of record on June 29, 2026.
- 03Dividends for various series of first preferred shares will also be paid on August 15 and July 31, 2026.
- 04The dividends are designated as eligible dividends under the Income Tax Act (Canada).
- 05National Bank of Canada has assets totaling $618 billion as of April 30, 2026.
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The Board of Directors of National Bank of Canada (TSX: NA) has approved an increase in its common share dividends by 8 cents, raising it to $1.32 per share for the quarter ending July 31, 2026. This dividend is set to be paid on August 1, 2026, to common shareholders on record by June 29, 2026. Additionally, dividends for the bank's series of first preferred shares will also be declared, with payments scheduled for August 15, 2026, and July 31, 2026, depending on the series. All dividends are designated as eligible dividends under the Income Tax Act (Canada), allowing shareholders to reinvest their dividends in common shares through the Bank's Dividend Reinvestment and Share Purchase Plan. As of April 30, 2026, National Bank of Canada holds $618 billion in assets and employs over 35,000 staff across its various business segments.
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The increase in dividends may enhance shareholder returns and attract further investment in the bank.
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