National Bank increases the dividend on its common shares

MONTREAL, May 27, 2014 /CNW Telbec/ - National Bank of Canada's (TSX: NA) 
Board of Directors announces today an increase of the dividend on its common 
shares from $0.46 to $0.48 per common share for the quarter ending July 31, 
2014. This dividend will be payable on August 1(st), 2014 to holders of record 
of common shares on June 26, 2014. 
The Board of Directors also declares quarterly dividends on the following 
series of first preferred shares. These dividends are payable on August 15, 
2014 to holders of record of first preferred shares on July 11, 2014. 

    |Series|Ticker symbol(TSX)|Dividend number|Dividends per share|
    |   16 |NA.PR.L           |No. 37         |$0.303125          |
    |   20 |NA.PR.M           |No. 24         |$0.375             |
    |   28 |NA.PR.Q           |No. 6          |$0.2375            |
    |   30 |NA.PR.S           |No. 2          |$0.25625           |

The above-mentioned dividends on the common and preferred shares are 
designated as eligible dividends for the purposes of the Income Tax Act 
(Canada) and any similar applicable provincial legislation.

At no cost, eligible shareholders may elect to reinvest their common shares 
dividends in common shares in accordance with the Bank's Dividend Reinvestment 
and Share Purchase Plan.  For more information, please contact Computershare 
Trust Company of Canada at 1-888-838-1407. Beneficial or non-registered common 
and preferred shareholders must contact their financial institution or broker 
for instructions on how to participate in such Plan.

About National Bank of Canada
With $194 billion in assets as at April 30, 2014, National Bank of Canada 
(, together with its subsidiaries, forms one of Canada's leading 
integrated financial groups, and has been named among the 20 strongest banks 
in the world by Bloomberg Markets magazine. The Bank has close to 20,000 
employees and is widely recognized as a top employer. The Bank's securities 
are listed on the Toronto Stock Exchange (NA: TSX). Follow the Bank's 
activities via social media and learn more about its extensive community 
involvement at and

SOURCE  National Bank of Canada 
(The telephone numbers provided below are for the exclusive use of  
journalists, other media representatives and shareholders.): 
Claude Breton Vice-President, Public Affairs and Investors Relations 
National Bank of Canada Tel.: 514-394-8644 
Hélène Baril Senior Director, Investor Relations National Bank of Canada 
Tel.: 514-394-0296 
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CO: National Bank of Canada
ST: Quebec
-0- May/27/2014 21:15 GMT
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