Common and First Preferred Shares

Stock-related information

Common and First Preferred Shares

As at July 31, 2019, a total of 334,210,123 common shares, and a total of 98,000,000 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, 34, 36, 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)

Common Shares (NA)(2)(3)

Please refer to the Bank's continuous
disclosure documents available on SEDAR

October 9, 2015 Offering:
Prospectus Supplement 
Base shelf Prospectus 

340,390,159

633067103
(CA6330671034)

To be determined

First preferred shares

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

14,000,000

633067319
(CA6330673196)

   $0.2515625 CAD

Series 32 (NA.PR.W)
Prospectus supplement 
Base shelf prospectus 

12,000,000

633067285
(CA6330672859)

   $0.24375 CAD

Series 34 (NA.PR.X)
Prospectus supplement 
Base shelf prospectus 

16,000,000

633067269
(CA6330672693)

   $0.35 CAD

Series 36 (NA.PR.A)
Prospectus supplement 
Base shelf prospectus 

16,000,000

633067244
(CA6330672446)

   $0.3375 CAD

Series 38 (NA.PR.C)
Prospectus supplement 
Base shelf prospectus 

16,000,000


633067228
(CA6330672289)

   $0.278125 CAD

Series 40 (NA.PR.E)
Prospectus supplement 
Base shelf prospectus 

12,000,000


633067194
(CA6330671943)

   $0.2875 CAD

Series 42 (NA.PR.G)
Prospectus supplement 
Base shelf prospectus 

12,000,000


63306A205
(CA63306A2056)

   $0.309375 AD

(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.

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2018-2019 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 

Plan Enrollment 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.

(1) Common and first preferred shares of the Bank's share capital are admissible to the Plan. 

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

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