May 2 (Reuters) - National Australia Bank Ltd (NAB) :
- PROPOSED INTERIM DIVIDEND OF 83 CENTS PER SHARE
- H1 NET INTEREST INCOME $6,776 MILLION VERSUS $6,750 MILLION
- ALL CONTINUING DIRECTORS WILL TAKE A REDUCTION IN 2019 DIRECTORS' FEES, EQUIVALENT TO 20 PERCENT OF THEIR 2018 BASE FEE
- H1 CASH EARNINGS $ 2,954 MLN VS $ 2,759 MLN
- GROUP'S CET1 RATIO WAS 10.40% AT 31 MARCH 2019
- H1 NET INTEREST MARGIN 1.79% VS 1.87% A YEAR AGO
- H1 NET PROFIT ATTRIBUTABLE $2,694 MLN VS $2,583 MLN
- H1 CREDIT IMPAIRMENT CHARGES $ 449 MLN, UP 20.4 PCT
- 1H19 EARNINGS INCLUDE A FURTHER $525 MLN IN CUSTOMER-RELATED REMEDIATION COSTS
- BOARD DETERMINED TO PARTIALLY UNDERWRITE THE 1H19 DIVIDEND REINVESTMENT PLAN
- CONTINUE TO TARGET BROADLY FLAT EXPENSE GROWTH FOR FY19 AND FY20 EXCLUDING LARGE NOTABLE EXPENSES
News: NAB National Australia Bank Proposes Interim Dividend Of 83 Cents Per Share
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