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National Australia Bank Limited ( (AU:NAB) ) has provided an announcement.
National Australia Bank Limited announced a new distribution for its NAB Capital Notes 7, with a distribution rate of 4.8396% per annum for the period from March 17 to June 17, 2025. This equates to a cash amount of AUD 1.2198 per note, fully franked, to be paid on June 17, 2025. This announcement reflects the bank’s ongoing commitment to providing returns to its investors and may influence its market positioning by demonstrating financial stability and 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. The company focuses on providing a range of financial products including capital notes, which are a type of investment security.
YTD Price Performance: -13.41%
Average Trading Volume: 2,870
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $64.41B
Learn more about NAB stock on TipRanks’ Stock Analysis page.