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National Australia Bank Limited ( (AU:NAB) ) has shared an announcement.
National Australia Bank has set the quarterly fully franked distribution for its NAB Capital Notes 5 (ASX: NABPH), a perpetual, non-cumulative capital note, for the period from 17 March 2026 to 16 June 2026. The distribution, which reflects a 5.3781% per annum rate after tax and equates to a cash payment of A$1.3556 per note, will be paid on 17 June 2026 to holders on the 5 June record date.
The rate is derived from a three‑month bank bill rate of 4.1830% plus a 3.5% margin, adjusted for franking, under the terms of the 2020 NAB Capital Notes 5 prospectus. The announcement underlines NAB’s ongoing servicing of its hybrid capital investors and provides clarity on near‑term income for noteholders, reinforcing the role of these instruments in the bank’s capital structure and investor income planning.
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 groups, offering retail, business and institutional banking services across domestic and international markets. The bank also raises regulatory and hybrid capital through listed instruments such as NAB Capital Notes, which provide income-style returns to investors and support its funding and capital management needs.
Average Trading Volume: 3,967,787
Technical Sentiment Signal: Buy
Current Market Cap: A$144B
Find detailed analytics on NAB stock on TipRanks’ Stock Analysis page.