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The latest announcement is out from National Australia Bank Limited ( (AU:NAB) ).
National Australia Bank has declared a fully franked 2026 interim dividend of 85 cents per ordinary share, payable on 2 July 2026 to shareholders on the register at 8 May, with cash payments made via direct credit in multiple currencies where applicable. The bank will apply a 1.5% discount to its Dividend Reinvestment Plan and maintain an existing Bonus Share Plan for legacy participants, shaping capital management options for investors.
NAB has also entered into a partial underwriting agreement with Goldman Sachs Australia for up to $1 billion of shares issued under the DRP, with pricing based on a 25-day volume-weighted average price window in May and June. The arrangement, which carries no underwriting fee and includes standard termination rights, is designed to support the bank’s capital position while providing flexibility in how the interim payout is funded.
The most recent analyst rating on (AU:NAB) stock is a Hold with a A$43.90 price target. To see the full list of analyst forecasts on National Australia Bank Limited stock, see the AU:NAB Stock Forecast page.
More about National Australia Bank Limited
National Australia Bank Limited is one of Australia’s largest financial institutions, operating in the banking and financial services industry with a focus on retail, business and institutional customers. The group offers a range of products including deposits, lending, transaction services and wealth solutions across Australia and select international markets.
YTD Price Performance: -5.86%
Average Trading Volume: 5,232,535
Technical Sentiment Signal: Buy
Current Market Cap: A$121.8B
See more insights into NAB stock on TipRanks’ Stock Analysis page.