National Bank of Canada (STU:NBC) Dividend Yield %: 2.18% (As of Jun. 24, 2026) — 42% Below Median


STU:NBC National Bank of Canada STU:NBC
73 GF Score
Price €138.35
GF Value €93.37
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is National Bank of Canada Dividend Yield %?

National Bank of Canada STU:NBC +0.65% 73 Dividend Yield % is 2.18% as of Jun. 24, 2026, which is 42% below its 10-year median of 3.74. GuruFocus rates STU:NBC with a GF Score™ of 73/100 and a GF Value™ of €93.37 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,252 Banks companies, National Bank of Canada ranks worse than 71.41% on this metric.

As of today (2026-06-24), the Trailing Annual Dividend Yield of National Bank of Canada is 2.18%.

Warning Sign:

National Bank of Canada stock Dividend Yield % is close to 10-year low.

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

STU:NBC' s Dividend Yield % Range Over the Past 10 Years
Min: 2.18   Med: 3.74   Max: 6.33
Current: 2.18

During the past 13 years, the highest Dividend Yield of National Bank of Canada was 6.33%. The lowest was 2.18%. And the median was 3.74%.

STU:NBC's Dividend Yield % is ranked worse than
71.41% of 1252 companies
in the Banks industry
Industry Median: 3.04 vs STU:NBC: 2.18

National Bank of Canada's Dividend Payout Ratio for the three months ended in Apr. 2026 was 0.38.

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.

As of today (2026-06-24), the Forward Dividend Yield % of National Bank of Canada is 2.38%.

National Bank of Canada's Dividends per Share for the three months ended in Apr. 2026 was €0.77.

During the past 12 months, National Bank of Canada's average Dividends Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.90% 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 9.85% 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  (STU:NBC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


National Bank of Canada Dividend Yield % Related Terms


National Bank of Canada Dividend Yield % Historical Data

* Premium members only.

The historical data trend for National Bank of Canada's Dividend Yield % 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.

National Bank of Canada Dividend Yield % Chart

National Bank of Canada Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 3.82 4.65 3.33 3.05

National Bank of Canada Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.84 3.28 3.05 2.96 2.35

STU:NBC vs JPM, BAC, WFC: Dividend Yield % Comparison

For the Banks - Diversified subindustry, National Bank of Canada's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % vs Banks Industry

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

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


STU:NBC
73GF Score
National Bank of Canada STU:NBC
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Bank of Canada Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

National Bank of Canada Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 1.2400002026-03-302026-03-302026-05-01Cash DividendquarterlyCAD:EUR 0.619938
CAD 1.2400002025-12-292025-12-292026-02-01Cash DividendquarterlyCAD:EUR 0.622812
CAD 1.1800002025-09-292025-09-292025-11-01Cash DividendquarterlyCAD:EUR 0.611761
CAD 1.1800002025-06-302025-06-302025-08-01Cash DividendquarterlyCAD:EUR 0.636564

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

National Bank of Canada's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.0140335/138.35
=2.18 %

Current Share Price is €138.35.
National Bank of Canada's Dividends per Share for the trailing twelve months (TTM) ended in Today is €3.0140335.

National Bank of Canada's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.07489248/138.35
=2.22 %

Current Share Price is €138.35.
National Bank of Canada's Dividends per Share for the forward twelve months is calculated as €0.76872312 * 4 = €3.07489248.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 2.18% mean?
National Bank of Canada (STU:NBC) has a Dividend Yield % of 2.18% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on National Bank of Canada and its competitors. This is 42% below median its historical median of 3.74. Over the past decade, National Bank of Canada's Dividend Yield % has ranged from 2.18 to 6.33. According to the industry distribution chart, National Bank of Canada ranks #894 out of 1252 companies in the Banks industry, placing it in the top 71.4%.
Is National Bank of Canada's Dividend Yield % too high?
National Bank of Canada's current Dividend Yield % of 2.18% is 42% below median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 6.33. The Banks industry median Dividend Yield % is 3.04. National Bank of Canada's value of 2.18% is 28.3% below this industry median. Based on the distribution chart, National Bank of Canada ranks #894 out of 1252 companies in the Banks industry, which is below the industry midpoint. Overall, National Bank of Canada has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Canada's Dividend Yield % compare to JPM and BAC?
According to the Banks industry distribution chart, National Bank of Canada ranks #894 out of 1252 companies for Dividend Yield %. This places National Bank of Canada in the lower half of its industry. The industry median Dividend Yield % is 3.04. National Bank of Canada's value of 2.18% is 28.3% below this benchmark. Historically, National Bank of Canada's own Dividend Yield % has ranged from 2.18 to 6.33 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 3.04, National Bank of Canada has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Banks company?
The median Dividend Yield % among Banks companies is 3.04, based on 1,252 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Bank of Canada's current Dividend Yield % of 2.18% is 28.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on National Bank of Canada and its competitors. For the Banks industry, the median Dividend Yield % is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank of Canada's current Dividend Yield % is 2.18%, which is 42% below median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Canada stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Canada (STU:NBC) is currently considered Significantly Overvalued. The stock's GF Value™ is €93.37, compared to a current price of €138.35 — trading 48.2% above its estimated fair value. The current Dividend Yield % is 2.18%, which is 42% below median its 10-year median of 3.74 and 28.3% below the Banks industry median of 3.04. National Bank of Canada's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For National Bank of Canada (STU:NBC), the current Dividend Yield % is 2.18% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Bank of Canada (STU:NBC) Overvalued in 2026?

Based on GuruFocus' analysis, National Bank of Canada stock appears to be overvalued. The current stock price of €138.35 is trading 48.2% above its estimated GF Value™ of €93.37. GuruFocus considers National Bank of Canada to be Significantly Overvalued.

Key valuation signals for STU:NBC:

  • Dividend Yield %: 2.18% (42% below median its 10-year median of 3.74)
  • GF Value™: €93.37 vs. price of €138.35 (48.2% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 28.3% below the Banks median (#894 of 1252)

No single metric tells the full story. See the STU:NBC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Bank of Canada Business Description

Address 800, Rue Saint Jacques, Place Banque Nationale, Montreal, QC, CAN, H3C 1A3
National Bank of Canada is the sixth-largest bank in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth management and capital markets services. The bank derives around 45% of its 2025 revenue from the province of Quebec, with additional operations in the rest of Canada and the United States. National Bank of Canada also owns ABA Bank, one of the largest commercial banks in Cambodia.
73GF Score

Get the complete analysis for STU:NBC

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€138.35
Price
€93.37
GF Value