National Bank of Can Dividend yield

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 stock dividend

National Bank of Can paid a total dividend of 1,371 million CAD last year, for a market value of 31,641 millions (Market Cap 31,593 millions). National Bank of Can dividend per share is 4.08 CAD, and his stock market price 94.17 CAD.

According to the chart below, where dividend yield is displayed, National Bank of Can has a dividend yield of 4.33%, 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 stocks dividend with other Banks companies or other of the highest Canada dividend stocks list.

National Bank of Can Dividend Payout

About the ability of National Bank of Can to maintain his current dividend of CAD 4.08 per share, an amount that accounts for 4.33%, 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 38.56%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that National Bank of Cancan maintain his current dividend.

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 0.00 per share, which is lower than the dividend per share paid by the company of CAD 4.08, so the company does not generate 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 Dividend History

Below you will find a table with the historical evolution of National Bank of Can's dividend stock, both in percentage and in CAD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	CAD	Paypout	Shares*
Present	4.33%	4.08	38.56%	336
2022	4.25%	3.88	36.57%	336
2021	3.61%	3.48	35.01%	337
2020	3.96%	2.84	44.03%	336
2019	3.94%	2.84	40.17%	336
2018	4.44%	2.49	37.78%	337
2017	3.83%	2.40	40.54%	341
2016	4.37%	2.20	46.81%	337
2015	4.75%	2.08	44.64%	327

*In millions

Then you can see the evolution of National Bank of Can dividend stock, and compare it with the average of Canada stocks and that of the Banks stocks.

National Bank of Can Stock performance

Finally, last moth National Bank of Can showed a return of -8.80% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 8.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Canada and Banks firms.