National Bank of Canada Dividend
Dividend criteria checks 5/6
National Bank of Canada is a dividend paying company with a current yield of 3.78% that is well covered by earnings.
Key information
3.8%
Dividend yield
42%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$9.53 |
Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NA.PRC's dividends per share have been stable in the past 10 years.
Growing Dividend: NA.PRC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
National Bank of Canada Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NA.PRC) | 3.8% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.6% |
Industry Average (Banks) | 4.9% |
Analyst forecast in 3 Years (NA.PRC) | 4.2% |
Notable Dividend: NA.PRC's dividend (3.78%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: NA.PRC's dividend (3.78%) is low compared to the top 25% of dividend payers in the Canadian market (6.57%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.5%), NA.PRC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NA.PRC's dividends in 3 years are forecast to be well covered by earnings (46.5% payout ratio).