National Australia Bank (OTCMKTS:NABZY) Stock Crosses Above 200 Day Moving Average - Here's Why

Key Points

• National Australia Bank's shares have recently surpassed their 200-day moving average of $11.83, trading as high as $12.48 before closing at $12.40.
• The bank announced a $0.255 dividend recently, reflecting a yield of 4.05%, and was paid on July 9th to investors recorded as of May 20th.
• NAB provides a variety of financial services through its multiple segments, including Business and Private Banking and Corporate and Institutional Banking, catering to both individuals and businesses.

National Australia Bank Ltd. (OTCMKTS:NABZY - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.83 and traded as high as $12.48. National Australia Bank shares last traded at $12.40, with a volume of 121,607 shares trading hands.

National Australia Bank Trading Down 0.2%

The stock's 50-day moving average is $12.64 and its 200 day moving average is $11.83.

National Australia Bank Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, July 9th. Investors of record on Tuesday, May 20th were given a dividend of $0.255 per share. This represents a yield of 4.05%. The ex-dividend date was Monday, May 19th.

National Australia Bank Company Profile

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.