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An update from National Australia Bank Limited ( (AU:NAB) ) is now available.
National Australia Bank has announced a quarterly distribution for its NAB Capital Notes 6, a listed hybrid security that offers investors floating-rate returns linked to the three-month Bank Bill Swap Rate plus a fixed margin. The notes form part of NAB’s capital management strategy, providing an additional layer of Tier 1 capital while giving income-focused investors an alternative to traditional fixed-income products.
For the distribution period from 17 March to 16 June 2026, NAB has set a fully franked cash payment of $1.2938 per Capital Note 6, based on a gross distribution rate of 5.1331% per annum after adjusting for tax. The ex-date is 4 June 2026, the record date is 5 June 2026, and payment will be made on 17 June 2026, underscoring the bank’s ongoing servicing of its hybrid securities and its continued access to cost-effective regulatory capital.
The most recent analyst rating on (AU:NAB) stock is a Hold with a A$50.00 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, providing retail, business, and institutional banking services. The bank operates primarily in Australia and New Zealand, offering lending, deposit, wealth management, and capital markets products to a broad base of consumer, corporate, and investor clients.
Average Trading Volume: 3,967,787
Technical Sentiment Signal: Buy
Current Market Cap: A$144B
Learn more about NAB stock on TipRanks’ Stock Analysis page.