National Australia Bank Dividends and Buybacks
Dividend criteria checks 3/6
National Australia Bank is a dividend paying company with a current yield of 4.24% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 12th November, 2024.
Key information
4.2%
Dividend yield
2.1%
Buyback Yield
| Total Shareholder Yield | 6.4% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | -4.2% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 12 Nov 24 |
| Dividend per share | €1.042 |
| Payout ratio | 74% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NAL's dividend payments have been volatile in the past 10 years.
Growing Dividend: NAL'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 (NAL) | 4.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.4% |
| Analyst forecast (NAL) (up to 3 years) | 4.4% |
Notable Dividend: NAL's dividend (4.24%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: NAL's dividend (4.24%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.2%), NAL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NAL's dividends in 3 years are forecast to be covered by earnings (74% payout ratio).