NAB Declares Fully Franked Dividend for Shareholders

National Australia Bank Limited (AU:NAB) has released an update.

National Australia Bank Limited has announced a fully franked cash dividend of AUD 1.4769 per NAB Capital Note 3, with a distribution rate of 5.8596% per annum. Shareholders on record as of 5th September 2024 will be eligible for the dividend, which is payable on 17th September 2024. The dividend reflects a combination of a 3-month Bank Bill Rate and a margin, totaling an annual rate of 8.3709% before taxes.

For further insights into AU:NAB stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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