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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  National Australia Bank Limited    NAB   AU000000NAB4

NATIONAL AUSTRALIA BANK LIMITED

(NAB)
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National Australia Bank : Update - Dividend/Distribution - NAB

11/26/2020 | 06:11pm EST

Notification of dividend / distribution

Update Summary

Entity name

NATIONAL AUSTRALIA BANK LIMITED

Security on which the Distribution will be paid

NAB - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

Friday November 27, 2020

Reason for the Update

Updated as follows:

Part 4A.6 DRP Price

Part 4B.6 BSP Price

Part 5.1 - Further information

Additional Information

The payment date for the Final Dividend has been brought forward from 14 December 2020 to 10 December 2020.

Further information is available athttp://www.nab.com.au/dividendinformation

Refer to below for full details of the announcement

Notification of dividend / distribution

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Notification of dividend / distribution

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

NATIONAL AUSTRALIA BANK LIMITED

1.2

Registered Number Type

Registration Number

ABN

12004044937

1.3

ASX issuer code

NAB

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Updated as follows:

Part 4A.6 DRP Price

Part 4B.6 BSP Price

Part 5.1 - Further information

1.4b Date of previous announcement(s) to this update

Tuesday November 17, 2020

1.5 Date of this announcement

Friday November 27, 2020

1.6 ASX +Security Code

NAB

ASX +Security Description

ORDINARY FULLY PAID

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution

Ordinary

2A.2 The Dividend/distribution:

relates to a period of six months

Notification of dividend / distribution

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Notification of dividend / distribution

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

Wednesday September 30, 2020

2A.4 +Record Date

Friday November 13, 2020

2A.5 Ex Date

Thursday November 12, 2020

2A.6 Payment Date

Thursday December 10, 2020

2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?

Security holder approval

Court approval

Lodgement of court order with +ASIC

ACCC approval

FIRB approval

Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

No

2A.8 Currency in which the dividend/distribution is made ("primary currency")

AUD - Australian Dollar

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form

AUD 0.30000000

2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market? Yes

2A.11 Does the entity have a securities plan for dividends/distributions on this +security?

We have a Dividend/Distribution Reinvestment Plan (DRP) We have a Bonus +Security Plan or equivalent (BSP)

2A.11a If the +entity has a DRP, is the DRP applicable to this dividend/distribution?

Yes

2A.11b If the +entity has a BSP, is the BSP applicable to this dividend/distribution?

Yes

2A.12 Does the +entity have tax component information apart from franking?

Yes

2A.11a(i) DRP Status in respect of this dividend/distribution

Full DRP

2A.11b(i) BSP status in respect of this dividend/distribution

Full BSP offered

Notification of dividend / distribution

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Notification of dividend / distribution

Part 2B - Currency Information

2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand and/or USD to residents of the U.S.A.).

Yes

2B.2 Please provide a description of your currency arrangements

Shareholders in countries (other than Australia) will be paid cash dividends by direct credit into a nominated bank account in AUD, GBP, NZD and USD (as applicable). For those shareholders who have not provided valid bank account details, the cash dividend will default to AUD cheque.

The dividend payable in foreign currencies was set at the prevailing market rate on 17 November 2020 at 4.00pm (AEDT).

2B.2a Other currency/currencies in which the dividend/distribution will be paid:

Currency

Payment currency equivalent amount per security

GBP - Pound Sterling

GBP 0.16608000

NZD - New Zealand Dollar

NZD 0.31812000

USD - US Dollar

USD 0.21963000

2B.2b Please provide the exchange rates used for non-primary currency payments

The dividend payable in foreign currencies shown in 2B.2a was set at the prevailing market rate on 17 November 2020 at 4.00pm (AEDT).

AUD / GBP 0.5536

AUD / NZD 1.0604

AUD / USD 0.7321

2B.2c If payment currency equivalent and exchange

Estimated or Actual?

rates not known, date for information to be released

Actual

Tuesday November 17, 2020

2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the default arrangements?

Yes

2B.3a Please describe what choices are available to a securityholder to receive a currency different to the currency they would receive under the default arrangements

As shown in 2B.2a.

2B.3b Date and time by which any document or communication relating to the above arrangements must be received in order to be effective for this dividend/distribution

Friday November 13, 2020 17:00:00

Notification of dividend / distribution

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Notification of dividend / distribution

2B.3c Please provide, or indicate where relevant forms can be obtained and how and where they must be lodged

Shareholders who wish to change or vary the way they currently receive dividends, must notify the Share Registry by the record date or the last election date for the DRP and BSP in one of the following ways:

  • online by visitinghttp://www.investorcentre.com/au
  • email your request tonabservices@computershare.com.au
  • telephone NAB Share Registry on 1300 367 647 (Australia) or +61 3 9415 4299 (outside Australia); or
  • by mail addressed to NAB Share Registry, GPO Box 2333, Melbourne Victoria, 3001 Australia

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at

3A.1a Ordinary dividend/distribution estimated amount

this time?

per +security

No

AUD

3A.1b Ordinary Dividend/distribution amount per

security

AUD 0.30000000

3A.2 Is the ordinary dividend/distribution franked? Yes

3A.3 Percentage of ordinary dividend/distribution that is franked

3A.2a Is the ordinary dividend/distribution fully franked? Yes

3A.3a Applicable corporate tax rate for franking credit

(%)

100.0000 %

30.0000 %

3A.4 Ordinary dividend/distribution franked amount per +security

AUD 0.30000000

3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount

AUD 0.00000000

3A.7 Ordinary dividend/distribution conduit foreign income amount per security

AUD 0.00000000

3A.5 Percentage amount of dividend which is unfranked

0.0000 %

Part 3E - Other - distribution components / tax

3E.1 Please indicate where and when information about tax components can be obtained (you may enter a url).

New Zealand imputation credits have been attached to the dividend at the rate of NZD0.09 per ordinary share.

Additional tax information is available at http://www.nab.com.au/dividendinformation

Notification of dividend / distribution

5 / 8

Notification of dividend / distribution

Part 4A - +Dividend reinvestment plan (DRP)

4A.1 What is the default option if +security holders do not indicate whether they want to participate in the DRP? Do not participate in DRP (i.e. cash payment)

4A.2 Last date and time for lodgement of election notices to share registry under DRP

Monday November 16, 2020 17:00:00

4A.4 Period of calculation of reinvestment price

Start Date

4A.3 DRP discount rate

0.0000 %

End Date

Wednesday November 18, 2020

Thursday November 26, 2020

4A.5 DRP price calculation methodology

The arithmetic average of the volume weighted average price of Ordinary Shares sold on ASX during the seven Trading Days from 18 November 2020 to 26 November 2020 (inclusive), calculated to two decimal places.

4A.6

DRP Price (including any discount):

4A.7 DRP +securities +issue date

AUD

23.01000

Thursday December 10, 2020

4A.8 Will DRP +securities be a new issue? Yes

4A.8a Do DRP +securities rank pari passu from +issue date?

Yes

4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation? No

4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation? No

4A.11 Are there any other conditions applying to DRP participation? Yes

4A.11a Conditions for DRP participation

United States shareholders are not able to participate in the Dividend Reinvestment Plan, including where shares are held in a broker clearing account or by a trustee or nominee.

4A.12 Link to a copy of the DRP plan rules

http://www.nab.com.au/dividendpackage

4A.13 Further information about the DRP

Notification of dividend / distribution

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Notification of dividend / distribution

Part 4B - Bonus +security plan or equivalent (BSP)

4B.1 What is the default option if +security holders do not indicate whether they want to participate in the BSP? Do not participate in BSP (i.e. cash payment)

4B.2 Last date and time for lodgement of election notices to share registry under BSP

Monday November 16, 2020 17:00:00

4B.4 Period of calculation of BSP price

Start Date

4B.3 BSP discount rate

0.0000 %

End Date

Wednesday November 18, 2020

Thursday November 26, 2020

4B.5 BSP price calculation methodology

The arithmetic average of the volume weighted average price of Ordinary Shares sold on ASX during the seven Trading Days from 18 November 2020 to 26 November 2020 (inclusive), calculated to two decimal places.

4B.6

BSP Price (including any discount)

4B.7 BSP +securities +issue date

AUD 23.0100

Thursday December 10, 2020

4B.8

Will BSP +securities be a new issue?

4B.8a Do BSP +securities rank pari passu from +issue

Yes

date?

Yes

4B.9 Is there a minimum dollar amount or number of +securities required for BSP participation? No

4B.10 Is there a maximum dollar amount or number of +securities required for BSP participation? No

4B.11 Are there any other conditions applying to BSP participation? Yes

4B.11a Conditions for BSP participation

United States shareholders are not able to participate in the Bonus Share Plan (BSP), including where shares are held in a broker clearing account or by a trustee or nominee.

4B.12 Link to a copy of the BSP plan rules

http://www.nab.com.au/dividendpackage

4B.13 Further information about the BSP

The BSP was closed to new participants on 10 May 2007.

Part 5 - Further information

Notification of dividend / distribution

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Notification of dividend / distribution

5.1 Please provide any further information applicable to this dividend/distribution

The participation in the DRP/BSP was 12.3% of the Company's issued capital.

Further information is available at http://www.nab.com.au/shareholder

5.2 Additional information for inclusion in the Announcement Summary

The payment date for the Final Dividend has been brought forward from 14 December 2020 to 10 December 2020.

Further information is available athttp://www.nab.com.au/dividendinformation

Notification of dividend / distribution

8 / 8

Disclaimer

NAB - National Australia Bank Ltd. published this content on 27 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2020 23:10:01 UTC


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