National Bank of Can Dividend yield




   CAD/share 
 Price  71.64
 Dividend  2.84
 Earnings  6.45
 Cash-flow  7.02
 Book value  39.80
 Equity  38.17

National Bank of Can is part of Banks business, which is part of Financials industry. National Bank of Can is a company from Canada, and his stocks are publicly traded.

National Bank of Can paid a total dividend of 954 million CAD last year, for a market value of 24,071 millions (Market Cap 24,016 millions). Dividend per share of National Bank of Can is 2.84 CAD, and his stock market price 71.64 CAD.

According to the chart below, where dividend yield is displayed, National Bank of Can has a dividend yield of 3.96%, which is higher than the amount offered by both the market average and companies from Canada. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare National Bank of Can dividend yield with other Banks companies or firms from Canada.

Dividend yield of National Bank of Can

National Bank of Can Dividend Payout

About the ability of National Bank of Can to maintain his current dividend of CAD 2.84 per share, an amount that accounts for 3.96%, we should study its payout ratio both on earnings and on cash-flows (see chart below). National Bank of Can payout on ernings is currently 44.03%, which is higher than the market average, and companies of Financials industry, which are 38.57% and 41.00% respectively. Both figures show that National Bank of Can can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of National Bank of Can is CAD 7.02 per share, which is higher than the dividend per share paid by the company of CAD 2.84, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of National Bank of Can, compared againt world market average, Canada companies, Financials industry and Banks sector companies.

National Bank of Can payout

National Bank of Can Dividend History

Year Yield  CAD  Paypout  Shares* 
Present3.96%2.8444.03%336
20193.94%2.8440.17%336
20184.44%2.4937.78%337
20173.83%2.4040.54%341
20164.37%2.2046.81%337
20154.75%2.0844.64%327

*In millions

National Bank of Can Stock performance

Finally, last moth National Bank of Can showed a return of -0.40% compared to a worldwide 3.99% average, and a 3.02% of Financials firms. Over the last year, the company obtained a -0.60% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for Canada and Banks firms.

National Bank of Can stock and market return