National Bank increases the dividend of its common shares

MONTREAL, May 30, 2018 /CNW Telbec/ - National Bank of Canada's (TSX: NA) Board of Directors announces an increase in its common shares dividend from $0.60 to $0.62 per share for the quarter ending July 31, 2018.  This dividend is payable on August 1, 2018 to common shareholders of record on June 26, 2018.

The Board of Directors also declares quarterly dividends on the following series of first preferred shares.  These dividends are payable on August 15, 2018 to preferred shareholders of record on July 9, 2018.

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.

Eligible shareholders may elect to have their cash dividend reinvested, free of charge, 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 $256 billion in assets as at April 30, 2018, National Bank of Canada , together with its subsidiaries, forms one of Canada's leading integrated financial groups.  It has more than 22,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity.  Its securities are listed on the Toronto Stock Exchange (TSX: NA).  Follow the Bank's activities at nbc.ca  or via social media such as Facebook , LinkedIn  and Twitter .

SOURCE National Bank of Canada

View original content: http://www.newswire.ca/en/releases/archive/May2018/30/c4254.html