National Australia Bank is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
NAB reported FY19 cash earnings of $5.1bn and opted to operate a discounted DRP as well as partially underwrite the DRP, instead of discounted equity raising, as was the case with WBC.
ANZ, WBC, NAB and MQG all offer yield support but little in the way of near -term earnings growth.