Netwealth Group Dividend
What is Netwealth Group current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Netwealth Group Dividend Yield vs Market|
|Market Bottom 25% (AU)||2.5%|
|Market Top 25% (AU)||6.7%|
|Industry Average (Capital Markets)||4.2%|
|Analyst forecast in 3 Years (NWL)||2.3%|
Notable Dividend: NWL's dividend (1.51%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.55%).
High Dividend: NWL's dividend (1.51%) is low compared to the top 25% of dividend payers in the Australian market (6.71%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: Whilst dividend payments have been stable, NWL has been paying a dividend for less than 10 years.
Growing Dividend: NWL's dividend payments have increased, but the company has only paid a dividend for 4 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.8%), NWL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.2%), NWL's dividend payments are covered by cash flows.