Looking at dividend history going back 10-12 years, at its worst NAB has paid out a dividend of 73 cents. If dividends were to drop that far, at these prices it is still a yield of approx. 5%. Of course times were different then and Australia slowed down after GFC but avoided a technical recession. At this point in time, Australia is no where close to a tech recession and growth has been slow but steady. However, things could change very quickly over the next 6 to 12 months. Clearly the market is predicting a tough period for banks over the next 12 may be even 24 months. In saying that, IMO NAB is potentially an accumulate for long term income investors.
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Last
$36.93 |
Change
0.030(0.08%) |
Mkt cap ! $113.9B |
Open | High | Low | Value | Volume |
$36.84 | $37.00 | $36.74 | $92.77M | 2.516M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13246 | $36.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$36.94 | 10974 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13246 | 36.840 |
2 | 6823 | 36.830 |
1 | 11592 | 36.800 |
1 | 780 | 36.770 |
2 | 28659 | 36.760 |
Price($) | Vol. | No. |
---|---|---|
36.940 | 10974 | 6 |
36.950 | 4000 | 1 |
36.960 | 1000 | 1 |
36.970 | 10370 | 3 |
36.990 | 9466 | 3 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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