Picked up more NAB for my SMSF (Pension mode) this week cum dividend around $25.30. For me, the full value of the dividend including the franking credit is around $1.20. So just under adjusted entry valuation around $24.
Dont believe for one moment that SP will dive from here and retouch GFC values like some punters and downrampers on this site. On the contrary, I firmly believe that banks are oversold and all credible analysts see NAB valued at around $30+
in any event, the reduced dividend will be maintained going forward and I am very happy to receive tax free dividends of around 7%. Capital gains a bonus. Must have long term view here ie in 10 years time NAB will still be a major bank, and if still sitting mid $20’s I will have received 70%+ dividend returns tax free. Easy money.....DYOR
Leaner Business, page-59
Add NAB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$35.94 |
Change
0.150(0.42%) |
Mkt cap ! $110.8B | |||
| Open | High | Low | Value | Volume |
| $35.88 | $36.45 | $35.83 | $146.3M | 4.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10912 | $35.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.96 | 90 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| NAB (ASX) Chart |