National Bank of Canada (OTCMKTS:NTIOF) Shares Pass Above 50-Day Moving Average of $78.12

National Bank of Canada (OTCMKTS:NTIOF)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $78.12 and traded as high as $84.25. National Bank of Canada shares last traded at $84.06, with a volume of 849 shares changing hands.

National Bank of Canada Stock Performance

The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $28.71 billion, a PE ratio of 12.04 and a beta of 1.08. The stock’s fifty day simple moving average is $78.56 and its 200-day simple moving average is $71.99.

National Bank of Canada (OTCMKTS:NTIOF) last issued its quarterly earnings data on Wednesday, February 28th. The financial services provider reported $1.92 earnings per share for the quarter. National Bank of Canada had a net margin of 13.64% and a return on equity of 17.13%. The business had revenue of $2.01 billion during the quarter.

National Bank of Canada Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, March 25th will be paid a dividend of $0.7841 per share. This represents a dividend yield of 3.85%. This is a boost from National Bank of Canada’s previous dividend of $0.78. The ex-dividend date of this dividend is Friday, March 22nd. National Bank of Canada’s dividend payout ratio (DPR) is 21.48%.

National Bank of Canada Company Profile

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.