NAB 0.03% $37.28 national australia bank limited

any predictions of nab sp after rba dec rate, page-7

  1. 417 Posts.
    If the RBA reduces the cash rate by 100 basis points, which I think they will, then assuming all other things remain equal, a $1-$2 SP increase is likely.
    As banks always do better in a low interest rate environment, another downward adjustment will be good news all round except maybe for importers.

    Regarding the dividend, there is sufficient spread between the EPS and the DPS to maintain the current dividend unless you forsee a 25% hit to the EPS.

    Pecky1
 
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