NA Dividend History & Analysis | 2.6% Yield

NA has a dividend yield of 2.6% and paid 5.12 CAD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.64%
Payout Ratio 40.4%
Growth Rate CAGR 5y 8.7%
Consistency Lifetime 97.8%
Yield on Cost 5y 5.9%
Payout FCF 34.6%
Streak Years -
Dividend Rating 64.4%
Chowder Number yield + growth 11.3% below 15% target for healthy growth
Yield vs Average 5y -29% avg 3.72% vs now 2.64%
Debt / EBITDA leverage 7.9x elevated
Income per 10k invested 264 CAD per year
Dividends Cash Amount per Share Yearly NA annual dividends paid per share, showing the total cash National Bank of Canada distributed to shareholders each year.
Dividend Growth Year over Year NA year-over-year dividend growth rate, showing how National Bank of Canada's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History NA dividend yield history versus share price over the past 5 years, showing how National Bank of Canada's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) ■ Price (left)

Top Dividend Payers in Diversified Banks

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
SAB MC
Banco de Sabadell S.A
18,442 M 18.73% 128.70%
BAMI MI
Banco Bpm
22,753 M 7.98% 54.70%
DANSKE CO
Danske Bank
41,458 M 9.45% 36.80%
SHB-A ST
Svenska Handelsbanken (publ)
31,859 M 14.58% 24.96%
CIB NYSE
Grupo Cibest S.A.
22,766 M 6.61% 30.20%
BMA NYSE
Banco Macro
3,846 M 4.68% 33.54%
BBVA NYSE
Banco Bilbao Viscaya
134,475 M 6.57% 29.38%
UNI MC
Unicaja Banco
9,174 M 6.20% 28.66%
CABK MC
Caixabank
87,023 M 5.13% 27.87%
NWG NYSE
Natwest
67,219 M 6.02% 22.16%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
JYSK CO
Jyske Bank
9,147 M 80.37% 98.8%
HOFI ST
Hoist Finance
1,725 M 63.27% 100.0%
DANSKE CO
Danske Bank
41,458 M 57.59% 93.7%
SAB MC
Banco de Sabadell S.A
18,442 M 58.36% 99.0%
ALR WAR
Alior Bank S.A.
4,545 M 44.02% 100.0%
BKT MC
Bankinter
14,001 M 38.46% 91.7%
UNI MC
Unicaja Banco
9,174 M 32.10% 100.0%
BAMI MI
Banco Bpm
22,753 M 32.83% 100.0%
SHB-A ST
Svenska Handelsbanken (publ)
31,859 M 32.44% 100.0%
MUFG NYSE
Mitsubishi UFJ Financial
242,674 M 28.38% 100.0%

NA Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb - -
Mar 0.91% 100
Apr 0.19% 20
May - -
Jun 0.93% 100
Jul - -
Aug - -
Sep 0.89% 100
Oct - -
Nov - -
Dec 0.92% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 21 Payments (CAD) as of November 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-09-28 2026-09-28 2026-11-01 Quarterly 1.32 0% 0.63%
2026-06-29 2026-06-29 2026-08-01 Quarterly 1.32 +6.5% 0.6%
2026-03-30 2026-03-30 2026-05-01 Quarterly 1.24 0% 0.7%
2025-12-29 2025-12-29 2026-02-01 Quarterly 1.24 +5.1% 0.71%
2025-09-29 2025-09-29 2025-11-01 Quarterly 1.18 0% 0.79%
2025-06-30 2025-06-30 2025-08-01 Quarterly 1.18 +3.5% 0.85%
2025-03-31 2025-03-31 2025-05-01 Quarterly 1.14 0% 0.97%
2024-12-30 2024-12-30 2025-02-01 Quarterly 1.14 +3.6% 0.87%
2024-09-27 2024-09-30 2024-11-01 Quarterly 1.1 0% 0.86%
2024-06-24 2024-06-24 2024-08-01 Quarterly 1.1 +3.8% 1.04%
2024-04-05 2024-03-25 2024-05-01 Quarterly 1.06 0% 0.95%
2024-03-22 1.06 0% 0.94%
2023-12-21 2023-12-25 2024-02-01 Quarterly 1.06 +3.9% 1.06%
2023-09-22 2023-09-25 2023-11-01 Quarterly 1.02 0% 1.11%
2023-06-23 2023-06-26 2023-08-01 Quarterly 1.02 +5.2% 1.07%
2023-03-24 2023-03-27 2023-05-01 Quarterly 0.97 0% 1.05%
2022-12-22 2022-12-26 2023-02-01 Quarterly 0.97 +5.4% 1.06%
2022-09-23 2022-09-26 2022-11-01 Quarterly 0.92 0% 1.06%
2022-06-24 2022-06-27 2022-08-01 Quarterly 0.92 +5.7% 1.11%
2022-03-25 2022-03-28 2022-05-01 Quarterly 0.87 0% 0.89%
2021-12-23 2021-12-27 2022-02-01 Quarterly 0.87 0% 0.91%

NA Dividend FAQ

What is the Dividend Yield of NA?

As of November 2026, NA's dividend yield is 2.64%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.12 CAD by the current share price of 214.21.

Does NA pay a dividend?

As of November 2026, NA paid a dividend of 5.12 CAD in the last 12 months. The last dividend was paid on 2026-09-28 and the payout was 1.32 CAD.

How often does NA pay dividends?

NA pays dividends quarterly. Over the last 12 months, NA has issued 4 dividend payments. The last dividend payment was made on 2026-09-28.

NA dividend forecast

Based on historical data, the forecasted dividends per share for NA for the next payments are between 1.357 (+2.8%) and 1.459 (+10.5%). This indicates a solid dividend increase compared to the last payment. The expected Yield for the next 12 months is about 2.63%.

Will NA pay dividends in 2026?

The latest dividend paid per share was 1.32 CAD with an Ex-Dividend Date of 2026-09-28. The next Ex-Dividend date for National Bank of Canada (NA) is currently unknown.

What is the next Ex-Dividend Date for NA?

The next Ex-Dividend date for National Bank of Canada (NA) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of NA?

NA's average dividend growth rate over the past 5 years is 8.70% per year. Strong growth: NA's dividend growth is outpacing inflation.

What is the Yield on Cost of NA?

NA's 5-Year Yield on Cost is 5.93%. If you bought NA's shares at 86.29 CAD five years ago, your current annual dividend income (5.12 CAD per share, trailing 12 months) equals 5.93% of your original purchase price.

What is the Payout Consistency of NA?

NA Payout Consistency is 97.8%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: National Bank of Canada has a strong track record of consistent dividend payments over its lifetime.

Does NA have a good Dividend Yield?

NA's 2.64% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of NA?

The Dividend Payout Ratio of NA is 40.4%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of NA?

NA's Overall Dividend Rating is 64.42%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NA Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in NA's Outstanding Shares?

National Bank of Canada's outstanding shares have increased by approximately 5.91% annually over the past 3 years (Trend Reliability: 83.1%). Watch carefully: The company is issuing new shares, diluting existing shareholders. Dividend growth may lag earnings growth as payouts are spread across more shares.

Has NA ever had a Stock Split?

Yes, the last stock split was on Feb 14, 2014 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1993 314,814,800 0%
1994 325,161,300 +3.29%
1995 331,707,300 +2.01%
1996 334,782,600 +0.93%
1997 338,181,800 +1.02%
1998 345,454,500 +2.15%
1999 376,271,200 +8.92%
2000 379,156,000 +0.77%
2001 382,700,000 +0.93%
2002 367,810,000 -3.89%
2003 354,016,000 -3.75%
2004 340,328,000 -3.87%
2005 335,562,000 -1.4%
2006 328,796,000 -2.02%
2007 315,580,000 -4.02%
2008 319,636,000 +1.29%
2009 326,072,000 +2.01%
2010 329,300,000 +0.99%
2011 324,302,000 -1.52%
2012 326,380,000 +0.64%
2013 330,185,000 +1.17%
2014 332,925,000 +0.83%
2015 339,265,000 +1.9%
2016 343,270,000 +1.18%
2017 345,507,000 +0.65%
2018 341,395,000 -1.19%
2019 337,889,000 -1.03%
2020 338,617,000 +0.22%
2021 342,400,000 +1.12%
2022 339,910,000 -0.73%
2023 342,523,400 +0.77%
2024 342,839,000 +0.09%
2025 396,109,000 +15.54%
2026 390,025,000 -1.54%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-10-29 02:38 UTC