NAB 0.33% $33.62 national australia bank limited

12% yield with franking credits!

  1. 564 Posts.
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    As NAB will liquidate its small China trust investment, as well as look to sell MLC, the dividend is not under threat.


    NAB pays $1.98 per annum + $0.84857 franking credits attached.


    That means NAB is yielding almost 12%!!


    Not as cheap as my CAF (Centrepoint Alliance on 1x ex cash PE) but I'll take 12% thank you very much.

    Last edited by G650er: 21/11/18
 
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