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
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Last
$36.23 |
Change
0.200(0.56%) |
Mkt cap ! $112.2B | |||
| Open | High | Low | Value | Volume |
| $36.26 | $36.44 | $36.07 | $152.6M | 4.216M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3369 | $36.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.23 | 9815 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| NAB (ASX) Chart |