- Fortescue Metals Group Limited (ASX: FMG): grossed up yield of approximately 10.3%
- Woodside Petroleum Limited (ASX: WPL): grossed up yield of approximately 9%
- Insurance Australia Group Ltd (ASX: IAG): grossed up yield of approximately 8.65%
- National Australia Bank Ltd. (ASX: NAB): grossed up yield of approximately 8.3%
- Australia and New Zealand Banking Group (ASX: ANZ): grossed up yield of approximately 7.85%
- Westpac Banking Corp (ASX: WBC): grossed up yield of approximately 7.8%
- Suncorp Group Ltd (ASX: SUN): grossed up yield of approximately 7.5%
- Coca-Cola Amatil Ltd (ASX: CCL): grossed up yield of approximately 7.35%
- Telstra Corporation Ltd (ASX: TLS): grossed up yield of approximately 6.9%
- ASX Ltd (ASX: ASX): grossed up yield of approximately 6.8%
Investing and trading shares on the Australian Stock Exchange - ASX.
12 January 2015
2015 Dogs of the ASX (from motley fool)
15 November 2013
NAB Convertible Preference Shares II (NAB CPS II) Offer IPO
Key Dates*
| Event | Date |
|---|---|
| Announcement of the Offer | 12 November 2013 |
| Lodgement of Original Prospectus with ASIC | 12 November 2013 |
| Record Date for Securityholder Offer | 4 November 2013 |
| Bookbuild | 19 November 2013 |
| Announcement of Margin | 20 November 2013 |
| Lodgement of replacement Prospectus with ASIC | 20 November 2013 |
| Offer Opens | 20 November 2013 |
| Securityholder and General Offers Close | 9 December 2013 |
| Broker Firm and Institutional Offers Close | 13 December 2013 |
| Issue of NAB CPS II | 17 December 2013 |
| Commencement of deferred settlement trading | 18 December 2013 |
| Despatch of Holding Statements | From 18 December 20131 |
| Commencement of trading on normal settlement basis | 23 December 2013 |
| First Dividend Payment Date | 17 March 2014 |
| Optional Conversion / Redemption / Resale Date2 | 17 December 2020 |
| Mandatory Conversion Date3 | 19 December 2022 |
Offer Website Link
https://www.nabcps.com.au/offer/dates/
Prospectus Link:
https://www.nabcps.com.au/offer/prospectus/
05 April 2009
Broker Call: NAB Review 2/4/2009
Now that we've arrived in April, and bank shares seem unwilling to come back more than just a little, RBA analysts have done the inevitable: they have started downgrading bank stocks.
Among the top four banks in Australia National is the only one that did not receive a recommendation downgrade. Guess why?
Target price is $14.97 Current Price is $20.32 Difference:($5.35) - (brackets indicate current price is over target). If NAB meets the RBS Australia target it will return approximately - 26% (excluding dividends, fees and charges - negative figures indicate an expected loss).
The company's fiscal year ends in September. RBS Australia forecasts a full year FY09 dividend of 145.00 cents and EPS of 213.30 cents . At the last closing share price the estimated dividend yield is 7.14%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 9.53.
Market Sentiment: 0.