NAB 1.15% $39.61 national australia bank limited

Why I would buy NAB and 2 other ASX dividend shares this week...

  1. 2,282 Posts.
    lightbulb Created with Sketch. 173
    Why I would buy NAB and 2 other ASX dividend shares this week

    National Australia Bank Ltd (ASX: NAB)

    Whilst there are concerns that NAB will have to cut its dividend in order to achieve the CET1 target ratio by 2020, I remain optimistic that its overweight exposure to a strong performing business lending market has put it in a position to maintain it. If worst comes to worst and the NAB board is forced to cut it, I don’t believe it will be a severe cut and would still expect a yield in or around the 7% level instead of the 7.9% yield today. Overall, I think this makes it worth picking up its shares if you don’t already have meaningful exposure to the banks.

    https://www.fool.com.au/2019/03/04/why-i-would-buy-nab-and-2-other-asx-dividend-shares-this-week/
 
watchlist Created with Sketch. Add NAB (ASX) to my watchlist
(20min delay)
Last
$39.61
Change
-0.460(1.15%)
Mkt cap ! $121.6B
Open High Low Value Volume
$40.25 $40.27 $39.61 $238.9M 6.018M

Buyers (Bids)

No. Vol. Price($)
1 1146 $39.61
 

Sellers (Offers)

Price($) Vol. No.
$39.65 11139 1
View Market Depth
Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
NAB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.