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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| National Australia Bank Limited | ASX:NAB | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.24 | 0.71% | 34.04 | 34.00 | 34.08 | 34.23 | 33.98 | 34.10 | 3,464,445 | 09:50:00 |
From Apr 2021 to Apr 2024
By Alice Uribe
SYDNEY--National Australia Bank Ltd. more than doubled its final dividend, after Australia's second-largest lender reported a strong uptick in profit as it limited cost growth.
The bank said net profit for the 12 months through September rose to 6.36 billion Australian dollars (US$4.72 billion), compared with A$2.56 billion a year earlier.
Cash earnings--a profitability measure tracked closely by analysts--rose by 77% to A$6.56 billion.
Directors of the company raised its final dividend to A$0.67 per share, compared with A$0.30 in fiscal 2019.
The group's common equity tier 1 capital ratio was 13.00%, up from 11.47% the previous year. NAB said it plans to manage CET1 over time toward a target range of 10.75-11.25%.
Write to Alice Uribe at alice.uribe@wsj.com
(END) Dow Jones Newswires
November 08, 2021 16:42 ET (21:42 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year National Australia Bank Chart |
1 Month National Australia Bank Chart |
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