National Australia Bank (OTCMKTS:NABZY) Share Price Crosses Above 200-Day Moving Average - What's Next?

Key Points

• National Australia Bank's share price recently crossed above its 200-day moving average of $11.86, reaching a high of $12.59 during trading.
• The bank declared a dividend of $0.255 per share, resulting in an impressive dividend yield of 405.0%.
• As of the latest trading session, National Australia Bank shares were down by 0.6%, with a volume of 197,574 shares traded.

Shares of National Australia Bank Ltd. (OTCMKTS:NABZY - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.86 and traded as high as $12.59. National Australia Bank shares last traded at $12.39, with a volume of 197,574 shares trading hands.

National Australia Bank Stock Performance

The business's 50-day moving average price is $12.68 and its 200-day moving average price is $11.87.

National Australia Bank Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, July 9th. Stockholders of record on Tuesday, May 20th were given a dividend of $0.255 per share. The ex-dividend date of this dividend was Monday, May 19th. This represents a dividend yield of 405.0%.

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.