National Australia Bank Announces New Distribution for Capital Notes

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National Australia Bank Announces New Distribution for Capital Notes

The latest update is out from National Australia Bank Limited ( (AU:NAB) ).

National Australia Bank Limited has announced a new distribution for its NAB Capital Notes 5, with a distribution rate of 5.3296% per annum for the period from March 17, 2025, to June 17, 2025. The cash amount per note is set at AUD 1.3433, fully franked, and will be payable on June 17, 2025. This announcement reflects the bank’s ongoing commitment to providing returns to its stakeholders and may impact its financial performance positively by maintaining investor confidence.

More about National Australia Bank Limited

National Australia Bank Limited is a major financial institution in Australia, primarily offering banking and financial services. It focuses on providing a range of services including personal banking, business banking, and wealth management solutions.

YTD Price Performance: -13.41%

Average Trading Volume: 2,870

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $64.41B

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

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