National Australia Bank Limited (ASX:NAB) Insider Purchases A$52,125.00 in Stock

National Australia Bank Limited (ASX:NAB) insider Sarah (Carolyn) Kay acquired 1,500 shares of National Australia Bank stock in a transaction that occurred on Wednesday, May 22nd. The stock was acquired at an average cost of A$34.75 ($23.17) per share, with a total value of A$52,125.00 ($34,750.00).

National Australia Bank Price Performance

National Australia Bank Increases Dividend

The firm also recently disclosed a Interim dividend, which will be paid on Tuesday, July 2nd. Investors of record on Tuesday, July 2nd will be paid a $0.84 dividend. This represents a dividend yield of 2.42%. The ex-dividend date is Monday, May 6th. This is a positive change from National Australia Bank’s previous Interim dividend of $0.83. National Australia Bank’s payout ratio is presently 76.02%.

About National Australia Bank

National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, and internationally. The company operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; and Corporate Functions and Other segments.