National Australian Bank is known as one of the major big four banks. As a result of its market capitalization, NAB is included in all of the major ASX indices.
After divesting its UK division, NAB is now primarily an Australian focused bank. The main differentiator to the other major Australian banks is that it has a strong business lending franchise. It has recently partially divested its wealth management division, MLC, to IOOF.
NAB Dividend Yield
NAB share price generally tracks the other Australian bank shares and has a similar dividend yield.
NAB Dividend History
Like ANZ dividend history NAB’s dividends have been gradually increased over the last five years, although after the start of the pandemic, it has reduced dividend payments like the rest of the industry.
NAB Dividend Dates 2021
Interim Ex-Dividend Date: March
Interim Record Date: March
Interim Dividend Payment Date: April
Final Ex-Dividend Date: September
Final Record Date: September
Final Dividend Payment Date: October