Common and First Preferred Shares

Stock-related information

Common and First Preferred Shares

As at July 31, 2015, a total of 330,001,373 common shares and a total of 40,900,000 first preferred shares were issued and outstanding, and no second preferred shares were issued and outstanding.

Stock Split Information

Record Date Payable Date Split Type

February 6, 2014

February 13, 2014

1-for-1 stock dividend
(same effect as 2-for-1 stock split)
FREQUENTLY ASKED QUESTIONS 

Tax information for U.S. taxpayers - Form 8937  of the Internal Revenue Service (IRS) of the United States.

Stock Exchange Listings

The common shares of the Bank as well as the first preferred shares (Series 20, 28, 30 and 32) are listed on the Toronto Stock Exchange.

Type of instrument
(Ticker symbol | TSX)
Outstanding
shares
CUSIP
(ISIN)
Quarterly
dividend/share(1)

Common Shares (NA)
Please refer to the Bank's continuous
disclosure documents available on SEDAR
 

330,001,373

633067103
(CA6330671034)

To be determined


First Preferred Shares

 

 

 

Series 20 (NA.PR.M)(2)
Short form prospectus

6,900,000

633067418
(CA6330674186)

   0.375 CAD

Series 28 (NA.PR.Q)
Prospectus supplement
Base shelf prospectus

8,000,000

633067335
(CA6330673352)

   0.2375 CAD

Series 30 (NA.PR.S)
Prospectus supplement
Base shelf prospectus

14,000,000

633067319
(CA6330673196)

   0.25625 CAD

Series 32 (NA.PR.W)
Prospectus supplement 
Base shelf prospectus 
12,000,000
633067285
(CA6330672859)
   0.24375 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 August 26, 2015, National Bank announced its intention to redeem on November 15, 2015 all of its issued and outstanding Fixed Rate First Preferred Shares Series 20, subject to the approval of the Office of the Superintendent of Financial Institutions (OSFI).

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2014 - 2015 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 to acquire common shares, without payment of brokerage fees or administration fees. On May 28, 2009, National Bank unveiled its revised Plan which 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 $500 per cash payment, up to a maximum of $5,000 per quarter.

On December 10, 2009, National Bank announced that the Common Shares subscribed by the participants to the DRIP will now 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. This share purchase method will be automatically applicable as of the time of the reinvestment of the dividends payable respectively on February 1, 2009 and February 15, 2009 on Common and First Preferred Shares registered in the Bank's register respectively on December 24, 2009 and January 8, 2009.

Dividend Reinvestment and Share Purchase Plan 

DRIP Authorization Form 

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.

Computershare Trust Company of Canada

1500 Robert-Bourassa Blvd., 7th Floor
Montreal (Quebec)  H3A 3S8
Telephone: 1-888-838-1407
Fax: 1-888-453-0330
Email: service@computershare.com
Website: www.computershare.com

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Access all National Bank's information and filings on SEDAR