NAB 1.43% $39.05 national australia bank limited

CET1, page-8

  1. 7,131 Posts.
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    Probably worth running some numbers on how much the % yield might change at various share prices if the divvy were to be reduced. Then one can work out a few worst case scenarios (in terms of yield at least).

    For example at SP $30.00 the current $1.98 divvy yields 6.6% gross but if the divvy gets reduced to (say) $1.90 that reduces to around 6.3% a divvy of $1.80 yields 6.0% so by comparison the NAB yield is still very good even if the divvy is reduced to $1.80.

    This could be a good buying opportunity for anyone LT looking for yield especially if the price were to drift sub $30.
 
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