National Bank of Canada Raises Dividend

National Bank of Canada (TSE:NA) has released an update.

The National Bank of Canada has announced a dividend increase of 4 cents per common share, raising the quarterly dividend to $1.10, payable on August 1, 2024, to shareholders on record as of June 24, 2024. Additionally, dividends for various series of first preferred shares have been declared, payable on August 15, 2024. Shareholders have the option to reinvest their dividends into common shares through the Bank’s Dividend Reinvestment and Share Purchase Plan.

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