Business
Is the NAB (ASX:NAB) share price a buy for dividends?
Could the National Australia Bank Ltd (ASX: NAB) share price be a buy for dividends right now? Some of Australia’s leading brokers have had their say.
What has been going on recently for the NAB share price?
Over the last six months the NAB share price has gone up by 56% and over the last year it has risen by 87% as it recovered from the bottom of the COVID-19 crash.
The 2020 calendar year saw a large increase in the loan impairment expense for NAB and the other big banks of Commonwealth Bank of Australia (ASX: CBA), Westpac Banking Corp (ASX: WBC) and Australia and New Zealand Banking Group Ltd (ASX: ANZ).
A few months ago it reported its FY20 result which showed $3.71 billion of cash earnings, down 36.6%. Cash earnings were…
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