National Bank of Canada Dividends and Buybacks
Dividend criteria checks 5/6
National Bank of Canada is a dividend paying company with a current yield of 3.48% that is well covered by earnings. Next payment date is on 1st February, 2025 with an ex-dividend date of 30th December, 2024.
Key information
3.5%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | -1.5% |
| Next dividend pay date | 01 Feb 25 |
| Ex dividend date | 30 Dec 24 |
| Dividend per share | CA$4.560 |
| Payout ratio | 40% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NA's dividends per share have been stable in the past 10 years.
Growing Dividend: NA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| National Bank of Canada Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NA) | 3.5% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Banks) | 4.3% |
| Analyst forecast (NA) (up to 3 years) | 3.9% |
Notable Dividend: NA's dividend (3.48%) is higher than the bottom 25% of dividend payers in the Canadian market (1.79%).
High Dividend: NA's dividend (3.48%) is low compared to the top 25% of dividend payers in the Canadian market (6.42%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.1%), NA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NA's dividends in 3 years are forecast to be well covered by earnings (43.1% payout ratio).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:38 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
National Bank of Canada is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Aiken | Barclays |
| Brian Morton | Barclays |
| Sohrab Movahedi | BMO Capital Markets Equity Research |