NAB (ASX:NAB) full year profits fell 10.6 per cent
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NAB (ASX:NAB) report their full year profits fell 10.6 per cent to $5.1 billion
They had been expected by analysts to deliver a cash profit of $5.1 billion to $5.2 billion.
The company also determined the Executive Leadership Team will receive no short-term variable reward and no fixed remuneration increase for FY19.
The cpmpany also announced a 16 per cent reduction in the final dividend to 83 cents a share.
Shares in NAB (ASX:NAB) are trading 1.33 per cent higher at $28.17.
Copyright 2019 – Finance News Network
Source: Finance News Network
