Look Nab at today's share price has yield of 6.10% so above inflation.
Now, all banks except CBA remain in price bracket and never jumped out of it...as most bank supposed to be income giving stocks so to expect a growth is not smart decision. So the executive pay going up as long as they maintain the payout is acceptable to me.
what I disapprove is the dumbest thing NAB did by doing capital raise at $14 and then doing buyback at $28.
NAB Price at posting:
$39.33 Sentiment: None Disclosure: Held
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