National Australia Bank Limited (AU:NAB) has released an update.
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National Australia Bank Limited has announced a new distribution for its Capital Notes 6, with a fully franked cash payment of AUD 1.3145 per note set for March 17, 2025. This distribution period offers an attractive annual rate of 5.3309%, calculated from a combination of the bank bill rate and an additional margin. Investors should note the record date of March 5, 2025, to be eligible for this payout.
For further insights into AU:NAB stock, check out TipRanks’ Stock Analysis page.
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