Nedbank Group Dividends and Buybacks
Dividend criteria checks 5/6
Nedbank Group is a dividend paying company with a current yield of 6.78% that is well covered by earnings.
Key information
6.8%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 6.9% |
| Future Dividend Yield | 8.5% |
| Dividend Growth | 4.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €19.930 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NCO's dividend payments have been volatile in the past 10 years.
Growing Dividend: NCO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nedbank Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NCO) | 6.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.5% |
| Analyst forecast (NCO) (up to 3 years) | 8.5% |
Notable Dividend: NCO's dividend (6.78%) is higher than the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: NCO's dividend (6.78%) is in the top 25% of dividend payers in the German market (4.76%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.3%), NCO's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NCO's dividends in 3 years are forecast to be covered by earnings (58.3% payout ratio).