I very much doubt that NAB will drop it's dividend below $1.98. The sentiment will change so much more for the worse that a collapse in SP of even 20% is possible if that were to occur.
The board will be cognisant of this and will avoid it at all costs.
The SP has been below $25 not that long ago and then climbed to $34 in less than one year later.
NAB going up to $30 ?, page-46
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Last
$37.28 |
Change
-0.010(0.03%) |
Mkt cap ! $114.6B | |||
| Open | High | Low | Value | Volume |
| $37.24 | $37.47 | $37.04 | $80.51M | 2.160M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10038 | $37.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.37 | 392 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| NAB (ASX) Chart |