NBI Active Canadian Preferred Shares ETF (NPRF.TO) raised its dividend to CA$0.11

The NBI Active Canadian Preferred Shares ETF has increased its monthly dividend to CA$0.11.

On July 17, 2026, the NBI Active Canadian Preferred Shares ETF (NPRF.TO) announced this new dividend amount, which is up from CA$0.10. This is the seventh time the ETF has raised its dividend since it started.

Investor takeaway: This increase shows the ETF's commitment to delivering value to investors, with a trailing yield of 450.00%. You might want to consider this dividend raise when looking at your portfolio strategies, especially in registered accounts like TFSA or RRSP, where dividends can grow tax-free.

New Dividend Amount: CA$0.11

The previous dividend was CA$0.10, marking a 10% increase in the monthly payout.

Dividend Details

The new monthly dividend of CA$0.11 will be paid on July 31, 2026, to shareholders on record as of July 24, 2026. The ex-dividend date is also July 24, 2026. This increase is a positive sign for investors, showing the ETF's ability to generate income and return value to shareholders.

Historical Context

Since its inception, the NBI Active Canadian Preferred Shares ETF has made 34 dividend payments over about 2.9 years. The recent raise to CA$0.11 is part of a trend, with seven dividend increases recorded during this time, highlighting the ETF's dedication to enhancing shareholder returns.

Dividend calendar