I agree that this will be very good value for income if it keeps falling provided they maintain the dividend. There is a danger in chasing stocks for dividend alone. Just look at what happened to Telstra. Holding off rate increases is a dangerous strategy in my opinion and may backfire. They could end up taking a big hit on profit and at the same time not increasing market share. NAB was over $40 before the GFC so it is seriously underperforming.
News: NAB UPDATE 1-National Australia Bank holds mortgage rates steady after rivals hike, page-7
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Last
$35.41 |
Change
-0.280(0.78%) |
Mkt cap ! $109.7B | |||
| Open | High | Low | Value | Volume |
| $35.80 | $35.85 | $35.41 | $46.91M | 1.317M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 3234 | $35.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.42 | 10152 | 27 |
View Market Depth
| Last trade - 14.12pm 03/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |