|Bid||96.00 x 0|
|Ask||96.19 x 0|
|Day's Range||95.81 - 97.99|
|52 Week Range||70.81 - 106.10|
|Beta (5Y Monthly)||1.13|
|PE Ratio (TTM)||10.73|
|Forward Dividend & Yield||3.48 (3.62%)|
|Ex-Dividend Date||Dec. 23, 2021|
|1y Target Est||N/A|
Following the announcement by the Office of the Superintendent of Financial Institutions ("OSFI") on November 4, 2021 to remove its expectations that federally regulated financial institutions halt dividend increases and share buybacks, National Bank of Canada (the "Bank") (TSX: NA) announces a 23% increase to its common share dividend and its intention to launch a share repurchase program.
For the fourth quarter of 2021, National Bank is reporting net income of $776 million compared to $492 million in the fourth quarter of 2020. Fourth-quarter diluted earnings per share stood at $2.19 compared to $1.36 in the fourth quarter of 2020. These increases were driven by total revenue growth in most of the business segments, by reversals of allowances for credit losses on non-impaired loans owing to improvements in the macroeconomic outlook and in credit conditions as well as by a reducti
National Bank Investments Inc. (NBI) announced today the estimated annual reinvested capital gains to be paid for 2021 to unitholders of NBI Exchange-Traded Funds (NBI ETFs), as indicated in the table below.