National Bank Financial Group
TSX : NA

National Bank Financial Group

February 24, 2011 07:55 ET

National Bank Declares Dividends

MONTREAL, QUEBEC--(Marketwire - Feb. 24, 2011) - National Bank of Canada's (TSX:NA) Board of Directors declared a dividend of $0.66 per common share for the quarter ending April 30, 2011. This dividend will be payable on May 1st, 2011 to holders of record of common shares on March 24, 2011.

The Board also declared quarterly dividends on the following series of first preferred shares. These dividends are payable on May 15, 2011 to holders of record of first preferred shares on April 8, 2011.

Series Ticker symbol (TSX) Dividend number Dividends per share
15 NA.PR.K No. 32 $0.365625
16 NA.PR.L No. 24 $0.303125
20 NA.PR.M No. 12 $0.375
21 NA.PR.N No. 11 $0.33594
24 NA.PR.O No. 9 $0.4125
26 NA.PR.P No. 9 $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 the Bank's Dividend Reinvestment and Share Purchase Plan.

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 in such Plan.

About National Bank of Canada

National Bank of Canada 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. 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 over $152 billion in assets and, together with its subsidiaries, employs 18,407 people. The Bank's securities are listed on the Toronto Stock Exchange (TSX:NA). For more information, visit the Bank's website at www.nbc.ca. To access National Bank Financial Group's financial education portal, visit www.clearfacts.ca.

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

Contact Information

  • National Bank Financial Group
    Claude Breton
    Senior Manager, Public Relations
    514-394-8644
    or
    National Bank Financial Group
    Helene Baril
    Senior Director, Investor Relations
    514-394-0296