National Bank Financial Group

National Bank Financial Group

December 03, 2009 07:36 ET

National Bank Declares Dividends

MONTREAL, QUEBEC--(Marketwire - Dec. 3, 2009) - National Bank of Canada's (the "Bank") (TSX:NA) Board of Directors (the "Board") declared a dividend of $0.62 per common share for the quarter ending January 31, 2010, payable February 1, 2010 to common shareholders of record on December 24, 2009.

The Board also declared quarterly dividends on series of first preferred shares, payable on February 15, 2010 to shareholders of record on January 8, 2010

Ticker symbol Dividends
Series (all listed on TSX) Dividend number per share
15 NA.PR.K No. 27 $0.365625
16 NA.PR.L No. 19 $0.303125
20 NA.PR.M No. 7 $0.375
21 NA.PR.N No. 6 $0.33594
24 NA.PR.O No. 4 $0.4125
26 NA.PR.P No. 4 $0.4125

The above mentioned dividends on the common and preferred shares are designated as eligible dividends for the purposes of the Income Tax Act (Canada) and any similar applicable provincial legislation.

At no cost, Canadian shareholders may elect to reinvest their dividends in common shares in lieu of cash dividends in accordance with National Bank's Dividend Reinvestment and Share Purchase Plan. At this time, the Plan features a 2% discount on the average share purchase price for common shares until the Board elects otherwise. For the previous quarterly dividend payment dated as of November 1 2009, the average discounted purchase price was at $54.8484.

For more information, please contact Computershare Trust Company of Canada at 1-888-838-1407. Beneficial or non-registered common and preferred shareholders must contact their financial institution or broker for instructions on how to participate to such Plan.

About National Bank of Canada

National Bank of Canada, which is celebrating its 150th anniversary in 2009, is an integrated group that provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. The National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has more than $132 billion in assets and, together with its subsidiaries, employs 17,747 people. The Bank's Securities are listed on the Toronto Stock Exchange (TSX:NA). For more information, visit the Bank's website at

The telephone number provided below is for the exclusive use of journalists and other media representatives.

Contact Information

  • National Bank Financial Group
    Denis Dube
    Senior Manager, Public Relations Department
    National Bank Financial Group
    Helene Baril
    Senior Manager, Investor Relations