3 Popular Stocks Trading As Per Value - WBC, NAB, BHP

May 12, 2019 08:45 AM AEST | By Team Kalkine Media
 3 Popular Stocks Trading As Per Value - WBC, NAB, BHP

Westpac Banking Corporation

Westpac Banking Corporation (ASX: WBC) provides a wide range of services related to bank and finance across Australian, New Zealand, Asian, the Pacific region, and worldwide. The company has a market capitalisation of around AUD 93.29 billion with approximately 3.45 billion outstanding shares. On May 10th, 2019, the WBC stock price closed the market trading session at AUD 27.220 with ~ 5.16 million shares traded. Besides, WBC has generated a positive YTD return of 10.54%. Westpac Banking Corporation’s annual dividend yield is also high at 6.95%.

Recently, the company released its results for the first half of 2019, which was a transition period for the company, amidst weaker business conditions and resetting of its wealth strategy. Despite the challenges, Westpac navigated well and posted a statutory net profit $3,173 million, Group’s cash earnings of $3,296 million and the return on equity of 10.4%. in addition, Westpac also paid out an interim fully franked dividend of 94 cents per share.

National Australia Bank Limited

National Australia Bank Limited (ASX: NAB), domiciled in Docklands, Australia, offers services related to finance to both the individuals and businesses in Australian, New Zealand, Asian, the US and the UK region. With around 2.81 billion outstanding shares, and a market capitalisation of AUD 72.84 billion, the NAB stock price closed the market trading at AUD 25.940, up 0.12% on May 10th, 2019. NAB’s YTD return is positive at 9.65% and the company has an annual dividend yield of 7.02%.

The bank recently on 2 May 2019, became a substantial shareholder (with 5.044% voting power) in Nine Entertainment Co. Holdings Limited. Also, on May 2nd, 2019, NAB announced an interim fully paid dividend of AUD 0.83 due to be paid out on July 3rd, 2019.

As per National Australia Bank’s March Half Year Pillar 3 Report, the net assets of the company were valued at around $ 54,091 million including net cash and cash equivalents of $ 54,044 million as of March 31st, 2019.

BHP Group Limited

BHP Group Limited (ASX:BHP), along with its subsidiaries, is into exploration, acquisition, development and commercialisation of the natural resources all over the world. The company’s market capitalisation stands high at around AUD 108.94 billion, with ~ 2.95 billion outstanding shares. The BHP stock last traded on May 10th, 2019 at a price of AUD 36.80, down 0.487%. BHP’s YTD return is also high at around 14.51% and the company’s annual dividend yield stands at 4.51%.

Recently, on May 8th, 2019, BHP confirmed that BHP Group Limited and BHP Group Plc have been served with legal proceedings filed in the Business and Property Courts of Liverpool, England.

In its operational review for the nine months ended March 31st, 2019, the company reported minerals exploration expenditure of around USD122 million. During March 2019 period, the company entered into a non-binding letter of intent (LoI) with Luminex for an earn-in and joint venture agreement over Luminex’s Tarqui 1 and 2 mining concessions situated in Ecuador region. Also, in April this year, the company also secured around 5 % interest in Midland Exploration Inc., who owns exploration tenements in Canada region.


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