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NAB sets June 2026 quarterly distribution on Capital Notes 8

Story Highlights
  • NAB will pay a fully franked quarterly distribution on its NAB Capital Notes 8 for the March–June 2026 period.
  • The distribution rate is 4.7481% per annum, equating to AUD 1.1968 per note, payable on 17 June 2026.
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NAB sets June 2026 quarterly distribution on Capital Notes 8

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

National Australia Bank has announced a quarterly distribution on its NAB Capital Notes 8 (ASX: NABPK), a perpetual, non-cumulative, redeemable capital note security. The payment applies to the distribution period from 17 March 2026 to 16 June 2026 and is fully franked for eligible holders.

The bank set the distribution rate for this period at 4.7481% per annum after tax, derived from a 3‑month Bank Bill Rate of 4.1830% plus a 2.60% margin, adjusted for franking. This equates to a cash payment of AUD 1.1968 per note, with an ex‑date of 4 June 2026, record date of 5 June 2026 and payment on 17 June 2026, providing investors with clarity on near‑term income from the hybrid security.

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 (NAB) is one of Australia’s major banking and financial services institutions, offering retail, business and institutional banking products. Its funding base includes various hybrid and capital notes listed on the ASX, which provide investors with income securities tied to benchmark interest rates and franking benefits.

Average Trading Volume: 3,967,787

Technical Sentiment Signal: Buy

Current Market Cap: A$144B

For a thorough assessment of NAB stock, go to TipRanks’ Stock Analysis page.

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