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National Australia Bank Announces New Distribution for Capital Notes

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National Australia Bank Announces New Distribution for Capital Notes

National Australia Bank Limited ( (AU:NAB) ) has issued an update.

National Australia Bank Limited announced a new distribution for its NAB Capital Notes 3, with a distribution rate of 5.6796% per annum for the period from March 17, 2025, to June 17, 2025. The cash amount per note is AUD 1.4316, fully franked, and will be paid on June 17, 2025. This announcement highlights NAB’s ongoing commitment to providing returns to its investors, reinforcing its position in the financial market and potentially impacting investor relations positively.

More about National Australia Bank Limited

National Australia Bank Limited operates in the financial services industry, offering a range of banking and financial products including capital notes, which are a type of investment security. The bank is a major player in the Australian market, focusing on providing comprehensive financial solutions to its customers.

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.

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Questions or Comments about the article? Write to editor@tipranks.com
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