National Australia Bank Limited (AU:NAB) has released an update.
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National Australia Bank Limited has announced a new distribution for its Capital Notes 6, with a fully franked cash payment of AUD 1.3145 per note set for March 17, 2025. This distribution period offers an attractive annual rate of 5.3309%, calculated from a combination of the bank bill rate and an additional margin. Investors should note the record date of March 5, 2025, to be eligible for this payout.
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