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

National Bank of Canada reported its fourth-quarter profit rose compared with a year ago and raised its dividend.

National Bank of Canada reported its fourth-quarter profit rose compared with a year ago and raised its dividend.

The bank said Friday it will now make a quarterly payment to shareholders of $1.06 per share, up from $1.02.

National Bank says it earned $768 million or $2.14 per diluted share for the quarter ended Oct. 31, up from $738 million or $2.08 per diluted share a year earlier.