• 30

NAB’s 2020 Interim Dividend will be 30 cents per ordinary share, franked to 100% at the company tax rate of 30%, payable on 3 July 2020.

Cash Dividends

You will automatically receive your dividends in cash unless you have given notice that you wish to participate in the Dividend Reinvestment Plan.

Australian shareholders

As previously announced, dividends paid in cash will be received by direct credit for shareholders with a registered address in Australia.

Shareholders who do not nominate a valid bank account, cash dividends will be held in a non-interest bearing special purpose account until a valid bank account has been received by the Share Registry.

Shareholders outside Australia

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).

The conversion rates for direct credit in each of the respective currencies was set at the prevailing market rate on 6 May 2020 at 4.00pm (AEST).

AUD / GBP 0.5183
AUD / NZD 1.0623
AUD / USD 0.6448

For those shareholders outside Australia who have not provided valid bank account details, the cash dividend will default to AUD cheque.

UPDATE YOUR DIVIDEND INSTRUCTIONS

Shareholders who wish to change or vary the way they receive dividends, must notify the Share Registry by 4 May 2020 in one of the following ways;

  • online by visiting www.computershare.com.au/easyupdate/nab
  • email your request to nabservices@computershare.com.au
  • contact NAB's Share Registry on 1300 367 647 (Australia) or +61 3 9415 4299 (outside Australia)
  • by mail addressed to NAB Share Registry, GPO Box 2333, Melbourne VIC 3001 Australia.

Dividend reinvestment plan (DRP) settings

The following settings will apply to the DRP for the 2020 Interim Dividend:

  • The last election date for the DRP was 5.00pm (AEST) on 5 May 2020.
  • No discount was applied when determining the “Current Market Price”.
  • The “Pricing Period” was a period of 7 trading days, commencing on 11 May 2020 and concluding on 19 May 2020 (inclusive).
  • The “Current Market Price” was calculated by reference to the volume weighted average price of NAB ordinary shares which are sold on the ASX over the Pricing Period.
  • There will be no limit on the number of shares that may participate in the DRP.

United States shareholders are not able to participate in the DRP (including where shares are held in a broker’s clearing account, or by a trustee or nominee).

Participation is voluntary and you can join the DRP, vary your participation or withdraw from it at any time.

Bonus Share Plan (BSP) settings

The Bonus Share Plan (BSP) was closed to new participants on 10 May 2007.

The following settings will apply to existing participants in the BSP for the 2020 Interim Dividend:

  • The last date to withdraw or vary participation for the BSP was 5.00pm (AEST) on 5 May 2020.
  • The “Pricing Period” was a period of 7 trading days, commencing on 11 May 2020 and concluding on 19 May 2020 (inclusive).
  • There will be no limit on the number of shares that may participate in the BSP.
  • The “Current Market Price” was calculated by reference to the volume weighted average price of NAB ordinary shares which are sold on the ASX over the Pricing Period.
  • No discount will be applied in determining the “Current Market Price”.

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

Tax information

Important information

The information on this page does not constitute financial or taxation advice. Shareholders should choose the method by which their dividends are paid with careful regard to their individual circumstances. Shareholders uncertain as to which dividend option is best for them are strongly advised to consult their own financial, taxation and/or legal advisers.

Shareholder Centre