National Australia Bank Dividends and Buybacks
Dividend criteria checks 3/6
National Australia Bank is a dividend paying company with a current yield of 4.3% that is well covered by earnings.
Key information
4.3%
Dividend yield
2.2%
Buyback Yield
| Total Shareholder Yield | 6.5% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | -4.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$1.700 |
| Payout ratio | 74% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NABPI's dividend payments have been volatile in the past 10 years.
Growing Dividend: NABPI'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 (NABPI) | 4.3% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Banks) | 3.9% |
| Analyst forecast (NABPI) (up to 3 years) | 4.4% |
Notable Dividend: NABPI's dividend (4.3%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: NABPI's dividend (4.3%) is low compared to the top 25% of dividend payers in the Australian market (6.01%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.2%), NABPI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NABPI's dividends in 3 years are forecast to be covered by earnings (74% payout ratio).