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
Picked up more NAB for my SMSF (Pension mode) this week cum...
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Last
$35.84 |
Change
0.510(1.44%) |
Mkt cap ! $110.0B | |||
| Open | High | Low | Value | Volume |
| $35.65 | $35.84 | $35.36 | $113.8M | 3.187M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12119 | $35.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.84 | 8113 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |