The National Australia Bank Ltd (ASX: NAB) share price has seen its fair share of ups and downs over the last year, as the chart below shows. After the decline, it’s a good time to consider whether the business is attractive for its dividend yield.

The ASX bank share normally offers a pleasing payout because of its fairly generous dividend payout ratio and relatively low price/earnings (P/E) ratio.

A declining share price can present an opportunity because it boosts the dividend yield on offer. If a share price falls 10%, then the dividend yield is boosted by 10%. For example, if the dividend yield was 6% and the share price fell by 10%, the dividend yield would become 6.6%.

Let’s take a look at the appeal of the dividend yield and consider whether the NAB share price is appealing to buy.

Dividend yield from the ASX bank share

The ASX bank share has regularly paid investors a good dividend yield thanks to its rewarding payouts.

Analysts think the ASX bank share’s dividend could be consistent and reliable in the 2026 financial year.

According to the projection on Commsec, the business is forecast to pay an annual dividend per share of $1.70. That translates into a dividend yield of 4.3% excluding franking credits and 6.1% including franking credits.

The business is forecast to increase its dividend per share in the 2027 financial year. That translates into a dividend yield of 4.4% excluding franking credits and 6.2% including franking credits.

Is the NAB share price a buy?

Analysts are a bit mixed on the ASX bank share right now.

According to Commsec’s collation of analyst recommendations about the business, there are currently three buy ratings, seven hold ratings and five sell ratings. While a hold is the most popular rating, the other ratings lean a bit more negative than positive.

NAB recently announced its FY26 third-quarter update, showing it generated $1.83 billion in cash earnings, representing 4% year-over-year growth. Cash earnings rose 2% compared to the FY26 first-half quarterly average.

Earnings growth was driven by 5% year-over-year growth in revenue. Total lending and acceptances rose 6% year-over-year to $817.4 billion, with 4% growth in housing loans to $451.4 billion and 9% growth in housing loans to $352.4 billion.

Based on the projections on Commsec, the NAB share price is valued at 16x FY26’s estimated earnings.

The dividend yield is decent without being significant; however, analysts seem to think there’s better value elsewhere.

The post Is the NAB share price a buy for its 6% dividend yield? appeared first on The Motley Fool Australia.

More reading

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• Buying NAB shares after the sell-off? Here’s the dividend yield you’ll get
• Profits up, home loans down. Why NAB shares are getting smashed on Monday
• National Australia Bank lifts cash earnings, capital in 3Q26 update
• If I invest $10,000 in NAB shares, how much passive income will I receive in 2027?

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

On Tuesday, the S&P/ASX 200 Index (ASX: XJO) had a subdued session and edged slightly lower. The benchmark index fell 3.2 points to 9,070 points.

Will the market be able to bounce back from this on Wednesday? Here are five things to watch:

ASX 200 to fall

The Australian share market looks set for a poor session on Wednesday following a disappointing night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 18 points or 0.2% lower. In the United States, the Dow Jones fell 0.2%, the S&P 500 dropped 0.7%, and the Nasdaq tumbled 1.3%.

Oil prices rise again

ASX 200 energy shares Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have another positive session on Wednesday after oil prices rose again overnight. According to Bloomberg, the WTI crude oil price is up 0.8% to US$85.20 a barrel and the Brent crude oil price is up 0.3% to US$91.14 a barrel. Fading US-Iran peace deal hopes were behind this.

CSL shares rated hold

In response to its results on Tuesday, Bell Potter has retained its hold rating on CSL Ltd (ASX: CSL) shares with an improved price target of $150.00 (from $120.00). It said: “Based on the new underlying NPAT metric, CSL trades on a PE multiple of ~19x FY26 and ~18x FY27 earnings, with flat revenue growth and low-to-mid single digit earnings growth expected for FY27. While the result today suggests the worst (by way of earnings declines) is in the rear-view for CSL, we find it difficult to justify a greater premium than is now being attributed relative to global biopharma peers.”

Gold price tumbles

ASX 200 gold shares such as Westgold Resources Ltd (ASX: WGX) and Northern Star Resources Ltd (ASX: NST) could have a poor session on Wednesday after the gold price tumbled. According to CNBC, the gold futures price is down 1.8% to US$4,394 an ounce. Traders were selling gold after bond yields surged to their highest levels in decades.

More ASX 200 results

Another group of ASX 200 shares are releasing their results on Wednesday and will be on watch. This includes gold miner Evolution Mining Ltd (ASX: EVN), mineral sands producer Iluka Resources Ltd (ASX: ILU), lotteries company Lottery Corporation Ltd (ASX: TLC), energy giant Santos, and coal miner Whitehaven Coal Ltd (ASX: WHC).

The post 5 things to watch on the ASX 200 on Wednesday appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL and The Lottery Corporation. The Motley Fool Australia has recommended CSL and The Lottery Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

There are plenty of ASX blue-chip shares I would be comfortable owning for the medium to long term.

For me, the best opportunities are businesses that can keep growing over time while giving shareholders something along the way.

Here are three I would be happy to buy today.

Telstra Group Ltd (ASX: TLS)

Telstra has become a business I am increasingly comfortable owning for the long term.

Connectivity is now essential for households and businesses, and Telstra remains focused on strengthening its position in mobile and other core services.

Its Connected Future 30 strategy is targeting mid-single-digit compound annual growth in cash earnings through to FY30. I like that ambition because Telstra does not need spectacular growth to produce a good outcome for shareholders. Steady earnings growth can support higher dividends and give the share price room to rise over time.

There are also opportunities beyond simply adding more mobile customers. Telstra is investing in areas such as its intercity fibre network, satellite connectivity, and technology that can improve how customers use its services.

Management has also made a sustainable and growing dividend an important part of its plans.

For me, Telstra offers a nice combination of recurring demand, income, and steady long-term growth.

Woolworths Group Ltd (ASX: WOW)

Woolworths is another business I would be happy to own for years.

Groceries account for a meaningful part of household spending, giving the company a large base of customers who return regularly.

What interests me is how Woolworths can make that enormous existing business better. The company has invested heavily in its supply chain, including automated distribution centres designed to move products into stores faster and make replenishment more efficient. Its Moorebank precinct in Sydney is a major investment that gives the business modern infrastructure to support its operations for many years.

I think those investments can help Woolworths improve convenience, build stronger customer relationships, and gradually grow earnings over time.

The supermarket giant also has a long history of paying dividends, adding an income component to the investment case.

Macquarie Group Ltd (ASX: MQG)

Macquarie has a wide range of opportunities ahead.

This ASX share operates across asset management, commodities and financial markets, banking, advisory, and investing. Its global reach also means its fortunes are not tied solely to the Australian economy.

I particularly like Macquarie’s exposure to long-term investment themes through its asset management and infrastructure activities.

The world needs enormous amounts of capital for areas such as renewable energy, digital infrastructure, transport, and other essential assets. Macquarie has spent decades building expertise in finding, financing, and managing these types of investments.

Its Commodities and Global Markets business provides another earnings engine by helping clients manage risks and access markets around the world.

Macquarie’s earnings can move around with market conditions and investment activity, but I think its ability to find opportunities across countries and asset classes gives it plenty of room to keep creating value over the long term.

Foolish takeaway

I think the best blue-chip shares are those that can keep finding ways to become better businesses over time.

Telstra, Woolworths and Macquarie already have strong positions in their respective markets, but I can still see opportunities for each to grow from here.

That is why I would be happy to buy them today and hold on for the years ahead.

The post Why I’d buy Telstra, Woolworths, and Macquarie shares appeared first on The Motley Fool Australia.

More reading

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• How much do I need in my superannuation to earn $50,000 per year in passive income?
• How much could the Telstra share price rise in the next year?
• How to invest $10,000 the Warren Buffett way: Buy businesses, not stocks
• Reporting season half-time report: 5 lessons from August so far

Motley Fool contributor Grace Alvino has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool Australia has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.