NAB Sets June 2026 Distribution for Capital Notes 7 at 4.8881%

An update from National Australia Bank Limited ( (AU:NAB) ) is now available.

National Australia Bank has set the quarterly distribution for its NAB Capital Notes 7, a listed hybrid security, at an annualised rate of 4.8881% for the period from 17 March to 16 June 2026. The payment, fully franked and equating to A$1.2321 per note, will be made on 17 June 2026 to holders on the 5 June record date, reflecting prevailing three‑month bank bill rates plus a fixed margin and signalling ongoing use of hybrid capital in the bank’s funding mix.

The distribution is based on a three‑month Bank Bill Rate of 4.1830% plus a 2.80% margin, adjusted for a 30% tax rate under the instrument’s terms. The announcement confirms the timetable for ex‑date, record date and payment, providing clarity for income‑focused investors and reinforcing NAB’s commitment to servicing its hybrid capital obligations in line with its prospectus commitments.

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 major banking and financial services institutions, offering retail, business and institutional banking products across the domestic market and selected overseas regions. Its funding base includes a range of wholesale and hybrid instruments, such as NAB Capital Notes, which provide investors with income securities linked to bank bill rates.

Average Trading Volume: 3,967,787

Technical Sentiment Signal: Buy

Current Market Cap: A$144B

For detailed information about NAB stock, go to TipRanks’ Stock Analysis page.