National Bank of Canada (TSX:NA) Dividend Payout Ratio : 0.43 (As of Oct. 2024)

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What is National Bank of Canada Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. National Bank of Canada's Dividend Payout Ratio for the months ended in Oct. 2024 was 0.43.

The historical rank and industry rank for National Bank of Canada's Dividend Payout Ratio or its related term are showing as below:

TSX:NA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.42 Max: 0.5
Current: 0.42

During the past 13 years, the highest Dividend Payout Ratio of National Bank of Canada was 0.50. The lowest was 0.32. And the median was 0.42.

TSX:NA's Dividend Payout Ratio is ranked worse than
60.57% of 1154 companies
in the Banks industry
Industry Median: 0.34 vs TSX:NA: 0.42

As of today (2024-12-12), the Dividend Yield % of National Bank of Canada is 3.22%.

During the past 13 years, the highest Trailing Annual Dividend Yield of National Bank of Canada was 6.33%. The lowest was 2.69%. And the median was 3.92%.

National Bank of Canada's Dividends per Share for the months ended in Oct. 2024 was C$1.10.

During the past 12 months, National Bank of Canada's average Dividends Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of National Bank of Canada was 22.70% per year. The lowest was 2.80% per year. And the median was 9.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

National Bank of Canada Dividend Payout Ratio Historical Data

The historical data trend for National Bank of Canada's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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National Bank of Canada Dividend Payout Ratio Chart

National Bank of Canada Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Dividend Payout Ratio

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0.47

0.32

0.37

0.42

National Bank of Canada Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.43	0.41	0.42	0.41	0.43

Competitive Comparison of National Bank of Canada's Dividend Payout Ratio

For the Banks - Diversified subindustry, National Bank of Canada's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

National Bank of Canada's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, National Bank of Canada's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where National Bank of Canada's Dividend Payout Ratio falls into.

National Bank of Canada Dividend Payout Ratio Calculation

National Bank of Canada's Dividend Payout Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2024 )	/	EPS without NRI (A: Oct. 2024 )
	=	4.32	/	10.39
	=	0.42

National Bank of Canada's Dividend Payout Ratio for the quarter that ended in Oct. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Oct. 2024 )	/	EPS without NRI (Q: Oct. 2024 )
	=	1.1	/	2.57
	=	0.43

National Bank of Canada (TSX:NA) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

National Bank of Canada Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of National Bank of Canada's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

National Bank of Canada Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Canada (TSX:NA) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NTIOF:USA NBC:Germany NA.PR.G.PFD:Canada NA.PR.E.PFD:Canada NA.PR.C.PFD:Canada NA.PR.W.PFD:Canada NA.PR.S.PFD:Canada

Address

800, Rue Saint Jacques, Place Banque Nationale, Montreal, QC, CAN, H3C 1A3

Website

https://www.nbc.ca

National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.

Executives

William Bonnell	Senior Officer
Lucie Blanchet	Senior Officer
Yvon Charest	Director
Julie Levesque	Senior Officer
Robert Paré	Director
Ghislain Parent	Senior Officer
Martin Gagnon	Senior Officer
Laurent Ferreira	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Denis Girouard	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Sébastien René	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Marc Knuepp	Senior Officer
Raymond Bachand	Director
Louis Vachon	Director, Senior Officer
Manon Brouillette	Director
Jonathan Durocher	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)