National Australia Bank Limited (ASX:NAB) to Issue Dividend Increase – $0.85 Per Share

National Australia Bank Limited (ASX:NAB) announced a final dividend on Friday, November 8th,MarketIndexAU Dividends reports. Stockholders of record on Sunday, December 15th will be paid a dividend of 0.85 per share on Sunday, December 15th. This represents a dividend yield of 2.14%. The ex-dividend date is Monday, November 11th. This is an increase from National Australia Bank’s previous final dividend of $0.84.

National Australia Bank Stock Performance

Insider Activity

In other National Australia Bank news, insider Sarah (Carolyn) Kay bought 2,000 shares of the stock in a transaction dated Thursday, September 12th. The stock was bought at an average cost of A$38.73 ($25.65) per share, for a total transaction of A$77,464.00 ($51,300.66). 0.25% of the stock is currently owned by corporate insiders.

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.