Common and first preferred shares
Stock-related information
- Outstanding shares and Stock Exchange listings
- First Preferred Shares
- 2023-2024 Dividend Calendar and dividend history (since 1980)
- Historical market price of the common share
- DRIP - Reinvestment and Share Purchase Plan
- Georgeson Asset Reunification Program
- Transfer Agent and Registrar
Common and First Preferred Shares
As at January 31, 2024, a total of 339,166,350 common shares and a total of 66,000,000 first preferred shares were issued and outstanding, and no second preferred shares were issued and outstanding.
Stock Exchange Listings
The common shares of the Bank as well as the first preferred shares (Series 30, 32, 38, 40 and 42) are listed on the Toronto Stock Exchange (TSX).
| Type of instrument (TSX ticker symbol) |
Outstanding shares | CUSIP (ISIN) |
Quarterly dividend/share(1) |
|---|---|---|---|
Please refer to the Bank's disclosure documents available on SEDAR October 9, 2015 Offering: |
339,166,350 |
633067103 |
To be determined |
Series 30 (NA.PR.S) |
14,000,000 |
633067319 |
$0.2515625 CAD |
Series 32 (NA.PR.W) |
12,000,000 |
633067285 |
$0.2399375 CAD |
Series 38 (NA.PR.C) |
16,000,000 |
633067228 |
$0,4391875 CAD |
Series 40 (NA.PR.E)(4) |
12,000,000 |
633067194 |
$0.363625 CAD |
Series 42 (NA.PR.G)(5) |
12,000,000 |
63306A205 |
$0.4410 CAD |
(1) Holders of common shares will be entitled to receive a
quarterly cash dividend, as and when declared by the Board of
Directors, on the first day of February, May, August, and November
of each year. Holders of first preferred shares will be entitled to
receive a quarterly non-cumulative cash dividend, as and when
declared by the Board of Directors, on the fifteenth day of
February,May, August, and November of each year.
(2) On
October 9, 2015, the Bank announced that it has closed its domestic
public offering of common shares. The Bank issued 7,160,000 common
shares at a price of $41.90 per share, to raise gross proceeds of
$300,004,000.
(3) Tax information for U.S. taxpayers - Form 8937 
of the Internal Revenue Service
(IRS) of the United States.
(4) On April 17, 2023, the Bank
announced that the dividend rate of its Series 40 first preferred
shares for the 5-year period commencing on May 16, 2023, and ending
on May 15, 2028, will be 5.818%.
(5) On November 2, 2023, the
Bank announced that the dividend rate of its Series 42 first
preferred shares for the 5-year period commencing on November 16,
2023, and ending on November 15, 2028, will be 7.056%.
2023-2024 Dividends Calendar
To view the calendar of dividends, please click here.
These dividends constitute eligible dividends pursuant
to the Income Tax Act (Canada).
Common share dividend history (since 1980)
Market Price of the Common Share
National Bank, as it is now, is the result of the amalgamation of the Provincial Bank of Canada and the Banque Canadienne Nationale on November 1, 1979.
Historical market price of the common share
Valuation Date Price
For capital gains purposes, the common shares valuation date
was fixed on December 31, 1971, at which date the Provincial Bank of
Canada share closed at $3.3437 and the Banque Canadienne Nationale
share closed at $3.5625, after adjusting for both 2-for-1 stock splits
of February 12, 1987 and February 13, 2014.
Dividend Reinvestment and Share Purchase Plan (DRIP)
The enrolment in the DRIP provides a convenient method for holders of National Bank's eligible shares(1) to acquire common shares, without payment of brokerage fees or administration fees. On December 12, 2018, National Bank unveiled its revised DRIP that enables holders of eligible shares to reinvest their cash dividends in common shares in either of the following ways:
- Dividend reinvestment option: holders of eligible shares reinvest cash dividends paid on eligible shares;
- Optional cash payments option: making optional cash payments, minimum amount of $1 per cash payment, up to a maximum of $5,000 per quarter.
For an overview of changes made, please click here to view the Frequently Asked Questions.
On December 10, 2009, National Bank announced that the common shares subscribed by the participants to the DRIP will be acquired on their behalf by way of purchase on the secondary market, without any discount, by Computershare Trust Company of Canada, the transfer agent of the Bank.
Dividend Reinvestment and Share Purchase
Plan
Holders whose eligible shares are held in their name in National Bank's shareholders' register and wishing to join the Plan can obtain further information from National Bank's transfer agent, Computershare Trust Company of Canada, by mail, phone or fax.
Holders whose shares are held in their name by a market intermediary must contact their financial institution or broker for instructions on how to participate in the Plan.
(1) Common and first preferred shares of the Bank's share capital are admissible to the Plan.
Georgeson Asset Reunification Program
National Bank of Canada has engaged Georgeson Shareholder Communications Canada Inc. ("Georgeson") to administer an Asset Reunification Program to search and locate holders of lost assets and reunite National Bank shareholders with their unclaimed cash and/or share entitlements.
If you have any questions regarding participation in the Asset Reunification Program, please contact Georgeson toll free at 1-855-862-9077 or collect at 514-982-2390.
Computershare Trust Company of Canada
100 University Avenue,
8th floor, Toronto, Ontario M5J 2Y1
Tel: 1-888-838-1407
Fax: 1-888-453-0330
Email: service@computershare.com
Website: www.computershare.com
Access all National Bank's information and filings on SEDAR