National Bank declares a dividend on its common shares

MONTREAL, Feb. 24, 2014 /CNW Telbec/ - National Bank of Canada's (TSX: NA) Board of Directors declares today a dividend on its common shares of $0.46 per common share for the quarter ending April 30, 2014. This dividend takes into account the stock split that occurred on February 13, 2014 and will be payable on May 1^st, 2014 to holders of record of common shares on March 27, 2014.

The Board of Directors also declares quarterly dividends on the following series of first preferred shares. These dividends are payable on May 15, 2014 to holders of record of first preferred shares on April 11, 2014.

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 $195 billion in assets as at January 31, 2014, 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 20 strongest banks in the world by Bloomberg Markets magazine. 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