National Bank of Canada Dividend
Dividend criteria checks 5/6
National Bank of Canada is a dividend paying company with a current yield of 3.8% that is well covered by earnings.
Key information
3.8%
Dividend yield
42%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$9.53 |
Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NTIO.F's dividends per share have been stable in the past 10 years.
Growing Dividend: NTIO.F'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 (NTIO.F) | 3.8% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Banks) | 3.0% |
Analyst forecast in 3 Years (NTIO.F) | 4.3% |
Notable Dividend: NTIO.F's dividend (3.8%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: NTIO.F's dividend (3.8%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.5%), NTIO.F's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NTIO.F's dividends in 3 years are forecast to be well covered by earnings (46.5% payout ratio).