NAB 4.63% $34.81 national australia bank limited

Best of the 4 Banks, page-40

  1. 3,092 Posts.
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    I think the media have a huge part to play in spooking investors. Articles like following don't help:


    https://www.********.au/2019/04/07/are-nab-shares-a-dividend-trap/ this was released just yesterday.


    Not sure if they are just talking it down so they can pick up some themselves. Seems that the old can they maintain a high dividend yield is being brought back up again. I stated back at ~$22 that they couldn't, based on ex-nab employees who worked for NAB for 20years saying they couldn't. Others, however, were posting that NAB had a huge capital asset sell off and that it can easily be maintained. But you need to consider, with such a sell off, it will reduce your revenue and growth going forward. IMO it is questionable whether they can maintain it, but the validity of the article siting a housing slump as the reason is highly questionable given NABs main area of expertise is business loans.

    Last edited by Kevo88: 08/04/19
 
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