PRESS RELEASES

National Bank increases its common share dividend by 3 cents, up 5% from previous quarter

Montreal, December 5, 2018

National Bank of Canada’s (TSX: NA) Board of Directors announces an increase of 3 cents per common share to $0.65 per common share for the quarter ending January 31, 2019, up 5% from the previous quarter. This dividend is payable on February 1, 2019 to common shareholders of record on December 31, 2018.

The Board of Directors also declares quarterly dividends on the following series of first preferred shares. These dividends are payable on February 15, 2019 to preferred shareholders of record on January 7, 2019.

Series

Ticker symbol (TSX)

Dividend number Dividends per share
30 NA.PR.S No. 20 $0.25625
32 NA.PR.W No. 17 $0.24375
34

NA.PR.X

No. 12 $0.35
36 NA.PR.A No. 10 $0.3375
38 NA.PR.C No. 6 $0.278125
40 NA.PR.E No. 4 $0.2875
42 NA.PR.G No. 2 $0.309375

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 $262 billion in assets as at October 31, 2018, National Bank of Canada, together with its subsidiaries, forms one of Canada's leading integrated financial groups. It has more than 23,000 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.


Information:

Linda Boulanger
Vice-President, Investor Relations
National Bank of Canada
Claude Breton
Vice-president, Public Affairs and Corporate Social Responsibility
National Bank of Canada