I don't know about banks specifically but I have seen it often enough with shares in general over the last few years. In reality, of course, the underlying value of the company has only fallen by the amount of the un-grossed up dividend but investors seem to be taking frankinginto account, at least for a short while after going ex-dividend.
I don't know about banks specifically but I have seen it often...
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Last
$39.65 |
Change
0.320(0.81%) |
Mkt cap ! $121.8B | |||
| Open | High | Low | Value | Volume |
| $39.50 | $39.80 | $39.18 | $209.5M | 5.303M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3435 | $39.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.66 | 14865 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NAB (ASX) Chart |