National Bank reports Q4 profit down from year ago, raises quarterly dividend

National Bank of Canada raised its dividend as it reported its fourth-quarter profit fell four per cent compared with a year ago. The increased payment came as National Bank said it earned $738 million or $2.08 per diluted share for the quarter ended Oct. 31, down from $769 million or $2.17 per diluted share in the same quarter last year. Revenue totalled $2.33 billion, up from $2.21 billion a year earlier.
Source: ctv business
National Bank reports Q4 profit down from year ago, raises quarterly dividend