If we add the franking $1.72/7*10 equals $2.457
This a yield of 9.45% pa at current SP for SMSF's in pension stage.
Better than money in the bank, even on a term deposit.
I take away 4% as adjustment for inflation and buy more shares to compensate, and pay myself the remainder as a pension.
So far the banks with their shares have been pensioner's friends.
has reported, page-6
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Last
$37.27 |
Change
0.150(0.40%) |
Mkt cap ! $114.5B | |||
| Open | High | Low | Value | Volume |
| $37.12 | $37.48 | $36.93 | $113.7M | 3.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12468 | $37.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.30 | 10657 | 2 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| NAB (ASX) Chart |