National Bank of Canada (NA) Announces Quarterly Dividend of C$0.48
National Bank of Canada (TSE:NA) declared a quarterly dividend on Wednesday, August 27th, Stock Ratings Network.com reports. Investors of record on Thursday, September 25th will be given a dividend of 0.48 per share on Saturday, November 1st. This represents a $1.92 dividend on an annualized basis and a yield of 3.89%.
A number of research firms have recently commented on NA. Analysts at Barclays raised their price target on shares of National Bank of Canada from C$48.00 to C$50.00 in a research note on Tuesday, August 19th. They now have an “equal weight” rating on the stock. On the ratings front, analysts at CIBC raised their price target on shares of National Bank of Canada from C$49.00 to C$51.00 in a research note on Tuesday, August 12th. They now have an “underperform” rating on the stock. Finally, analysts at Scotiabank reiterated a “sector perform” rating on shares of National Bank of Canada in a research note on Friday, June 13th. They now have a C$49.00 price target on the stock. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. National Bank of Canada currently has a consensus rating of “Hold” and an average price target of C$49.80.
National Bank of Canada (TSE:NA) opened at 49.40 on Wednesday. National Bank of Canada has a 52-week low of $39.225 and a 52-week high of $50.03. The stock’s 50-day moving average is $48.13 and its 200-day moving average is $45.80. The company has a market cap of $16.177 billion and a P/E ratio of 10.78.
National Bank of Canada (TSE:NA) is a bank.
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