Navient Dividends and Buybacks
Dividend criteria checks 4/6
Navient is a dividend paying company with a current yield of 4.16%. Next payment date is on 20th December, 2024 with an ex-dividend date of 6th December, 2024.
Key information
4.2%
Dividend yield
11.5%
Buyback Yield
| Total Shareholder Yield | 15.6% |
| Future Dividend Yield | 4.2% |
| Dividend Growth | -0.6% |
| Next dividend pay date | 20 Dec 24 |
| Ex dividend date | 06 Dec 24 |
| Dividend per share | €0.640 |
| Payout ratio | 91% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 10D's dividends per share have been stable in the past 10 years.
Growing Dividend: 10D's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Navient Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (10D) | 4.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Consumer Finance) | 4.2% |
| Analyst forecast (10D) (up to 3 years) | 4.2% |
Notable Dividend: 10D's dividend (4.16%) is higher than the bottom 25% of dividend payers in the German market (1.71%).
High Dividend: 10D's dividend (4.16%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.9%), 10D's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9%), 10D's dividend payments are thoroughly covered by cash flows.