National Bank of Canada (OTCMKTS:NTIOF) Declares Dividend of $0.80

National Bank of Canada (OTCMKTS:NTIOF) announced a dividend on Saturday, March 22nd, investing.com reports. Investors of record on Tuesday, April 1st will be paid a dividend of 0.7975 per share by the financial services provider on Thursday, May 1st. This represents a yield of 3.86%. The ex-dividend date is Monday, March 31st.

National Bank of Canada Trading Up 0.2 %

Shares of NTIOF opened at $82.61 on Friday. The company’s fifty day moving average is $86.61 and its 200 day moving average is $91.69. National Bank of Canada has a fifty-two week low of $76.77 and a fifty-two week high of $100.08. The stock has a market capitalization of $32.32 billion, a PE ratio of 10.52 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.76 and a current ratio of 0.76.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on NTIOF shares. Cibc World Mkts cut shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 18th. CIBC reissued a “neutral” rating on shares of National Bank of Canada in a research note on Wednesday, March 5th. Finally, Cormark downgraded shares of National Bank of Canada from a “moderate buy” rating to a “hold” rating in a research note on Friday, February 21st.

National Bank of Canada Company Profile

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.