National Bank to hike dividend as profit boosted by stronger wealth and

MONTREAL — National Bank of Canada increased its fourth-quarter net income to $330 million and its adjusted earnings to $407 million.The adjusted earnings were up 14 per cent compared with $353 million a year earlier, while net income rose a modest three per cent from $320 million.The Montreal-based bank also announced that its dividend will rise about four per cent to 50 cents per common share, with the Feb. 1 payment to shareholders.