National Australia Bank Dividend
Dividend criteria checks 3/6
National Australia Bank is a dividend paying company with a current yield of 4.88% that is well covered by earnings. Next payment date is on 3rd July, 2024 with an ex-dividend date of 7th May, 2024.
Key information
4.9%
Dividend yield
75%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | 03 Jul 24 |
| Ex dividend date | 07 May 24 |
| Dividend per share | n/a |
| Earnings per share | AU$2.27 |
| Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Recent updates
National Australia Bank Limited (ASX:NAB) Just Released Its Half-Yearly Results And Analysts Are Updating Their Estimates
May 03
Is Now The Time To Put National Australia Bank (ASX:NAB) On Your Watchlist?
Mar 22Increases to National Australia Bank Limited's (ASX:NAB) CEO Compensation Might Cool off for now
Dec 08National Australia Bank (ASX:NAB) Will Pay A Larger Dividend Than Last Year At A$0.84
Nov 11National Australia Bank (ASX:NAB) Ticks All The Boxes When It Comes To Earnings Growth
Sep 30National Australia Bank (ASX:NAB) Ticks All The Boxes When It Comes To Earnings Growth
Jun 15Here's Why National Australia Bank (ASX:NAB) Has Caught The Eye Of Investors
Mar 01National Australia Bank (ASX:NAB) Ticks All The Boxes When It Comes To Earnings Growth
Nov 11National Australia Bank Limited (ASX:NAB) Just Released Its Interim Results And Analysts Are Updating Their Estimates
May 08Does It Make Sense To Buy National Australia Bank Limited (ASX:NAB) For Its Yield?
Feb 22Would Shareholders Who Purchased National Australia Bank's (ASX:NAB) Stock Three Years Be Happy With The Share price Today?
Dec 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NAB's dividend payments have been volatile in the past 10 years.
Growing Dividend: NAB's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| National Australia Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NAB) | 4.9% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Banks) | 4.8% |
| Analyst forecast in 3 Years (NAB) | 5.0% |
Notable Dividend: NAB's dividend (4.88%) is higher than the bottom 25% of dividend payers in the Australian market (2.6%).
High Dividend: NAB's dividend (4.88%) is low compared to the top 25% of dividend payers in the Australian market (6.25%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.6%), NAB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NAB's dividends in 3 years are forecast to be covered by earnings (71.9% payout ratio).