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National Bank increases the dividend on its common shares
MONTREAL, Dec. 6, 2012, 2012 (Canada NewsWire via COMTEX) --
National Bank of Canada's
(TSX:NA) Board of Directors announces today an increase of the
dividend on its common shares from $0.79 to $0.83 per common share for
the quarter ending January31, 2013. This dividend will be payable on
February1(st), 2013 to holders of record of common shares on December27, 2012.
The Board of Directors also declares quarterly dividends on the
following series of first preferred shares. These dividends are payable
on February15, 2013 to holders of record of first preferred shares on
January11, 2013, except for holders of first preferred shares series
15 to whom the dividend described below is payable on January 15, 2013,
as a result of the redemption by National Bank of the first preferred
shares series 15 that was announced earlier this day.
________________________________________________________________
| | Ticker symbol | | |
| Series | (TSX) | Dividend number | Dividends per share |
|________|_______________|_________________|_____________________|
| 15 | NA.PR.K | No. 39 | $0.24442((1)) |
|________|_______________|_________________|_____________________|
| 16 | NA.PR.L | No. 31 | $0.303125 |
|________|_______________|_________________|_____________________|
| 20 | NA.PR.M | No. 19 | $0.375 |
|________|_______________|_________________|_____________________|
| 21 | NA.PR.N | No. 18 | $0.33594 |
|________|_______________|_________________|_____________________|
| 24 | NA.PR.O | No. 16 | $0.4125 |
|________|_______________|_________________|_____________________|
| 26 | NA.PR.P | No. 16 | $0.4125 |
|________|_______________|_________________|_____________________|
| 28 | NA.PR.Q | No. 1 | $0.2603 |
|________|_______________|_________________|_____________________|
(1) This amount represents a dividend for the period ending January 15,
2013.
The above-mentioned dividends on the common and preferred shares are
designated as eligible dividends for the purposes of the Income Tax Act (Canada) and any similar applicable provincial legislation.
At no cost, eligible shareholders may elect to reinvest their common
shares dividends in common shares in accordance with the Bank's
Dividend Reinvestment and Share Purchase Plan. For more information,
please contact Computershare Trust Company of Canada at 1-888-838-1407.
Beneficial or non-registered common and preferred shareholders must
contact their financial institution or broker for instructions on how
to participate in such Plan.
About National Bank of Canada
With $178billion in assets as at October31, 2012, National Bank of
Canada (www.nbc.ca), together with its subsidiaries, forms one of Canada's leading
integrated financial groups, and was named among the five strongest
banks in the world by Bloomberg Markets. The Bank has close to 20,000
employees and is widely recognized as a top employer. Its securities
are listed on the Toronto Stock Exchange (TSX:NA). Follow the Bank's
activities via social media and learn more about its extensive
community involvement at clearfacts.ca and commitment.nationalbank.ca.
SOURCE: National Bank of Canada
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/December2012/06/c6234.html
SOURCE: National Bank of Canada
(The telephone numbers provided below are for the exclusive use of journalists,
other media representatives and shareholders.) Claude Breton Senior Director,
Public Affairs National Bank of Canada Tel.: 514-394-8644 Helene Baril Senior
Director, Investor Relations National Bank of Canada Tel.: 514-394-0296
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