Dividend information

  • 99

Dividends

NAB’s 2018 Final Dividend is 99 cents per ordinary share, franked to 100% at the company tax rate of 30%, payable on Friday 14 December 2018.

New Zealand imputation credits have been attached to the dividend at a rate of NZ$0.15 per share.

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 were set at the prevailing market rate on 13 November 2018 at 4.00pm (AEDT).

AUD/GBP   AUD/NZD 
AUD/USD 
0.5594 1.0690 0.7213

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 currently receive dividends, must notify the Share Registry by no later than 5.00pm (AEDT) on Friday, 9 November 2018, in one of the following ways;

  • online by visiting www.computershare.com.au/easyupdate/nab;
  • email your request to nab.services@computershare.com.au;
  • contact NAB's 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 VIC 3001 Australia.

Dividend reinvestment plan (DRP) settings

The following settings apply to the DRP for the 2018 Final Dividend:

  • The last election date for the DRP is 5.00pm (AEDT) on 12 November 2018.
  • A discount of 1.5% will be applied when determining the “Current Market Price”.
  • The “Pricing Period” will be a period of 7 trading days, commencing on 13 November 2018 and concluding on 21 November 2018 (inclusive).
  • 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 apply to existing participants in the BSP for the 2018 Final Dividend:

  • The last date to withdraw or vary participation for the BSP is 5.00pm (AEDT) on 12 November 2018.
  • The “Pricing Period” will be a period of 7 trading days commencing on 13 November 2018 and concluding on 21 November 2018 (inclusive).
  • There will be no limit on the number of shares that may participate in the BSP.
  • 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