NAB 1.42% $40.07 national australia bank limited

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

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    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/
 
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Last
$40.07
Change
0.560(1.42%)
Mkt cap ! $121.6B
Open High Low Value Volume
$39.75 $40.07 $39.70 $221.4M 5.596M

Buyers (Bids)

No. Vol. Price($)
1 594 $40.04
 

Sellers (Offers)

Price($) Vol. No.
$40.07 3997 5
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