National Bank increases the dividend on its common shares

MONTREAL, May 27, 2015 /CNW Telbec/ - National Bank of Canada's (TSX: NA) Board of Directors announces today an increase of the dividend on its common shares from $0.50 to $0.52 per common share for the quarter ending July 31, 2015. This dividend will be payable on August 1^st, 2015 to holders of record of common shares on June 22, 2015.

The Board of Directors also declares quarterly dividends on the following series of first preferred shares. These dividends are payable on August 15, 2015 to holders of record of first preferred shares on July 6, 2015.

Series	Ticker symbol (TSX)	Dividend number	Dividends per share
20	NA.PR.M	No.    28	$0.375
28	NA.PR.Q	No.    10	$0.2375
30	NA.PR.S	No.     6	$0.25625
32	NA.PR.W	No.     3	$0.2438

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 $207 billion in assets as at April 30, 2015, National Bank of Canada (www.nbc.ca), together with its subsidiaries, forms one of Canada's leading integrated financial groups. The Bank has more than 20,000 employees and is widely recognized as a top employer. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities via social media and learn more about its extensive community involvement at clearfacts.ca and commitment.nationalbank.ca.

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 Investor Relations, National Bank of Canada, Tel.: [phone]; Hélène Baril, Senior Director, Investor Relations, National Bank of Canada, Tel.: [phone]