NEXT Dividends and Buybacks
Dividend criteria checks 4/6
NEXT is a dividend paying company with a current yield of 2.11% that is well covered by earnings. Next payment date is on 3rd January, 2025 with an ex-dividend date of 5th December, 2024.
Key information
2.1%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | -11.9% |
| Next dividend pay date | 03 Jan 25 |
| Ex dividend date | 05 Dec 24 |
| Dividend per share | UK£2.070 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NXTL's dividend payments have been volatile in the past 10 years.
Growing Dividend: NXTL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NEXT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NXTL) | 2.1% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Multiline Retail) | 1.5% |
| Analyst forecast (NXTL) (up to 3 years) | 2.7% |
Notable Dividend: NXTL's dividend (2.11%) is higher than the bottom 25% of dividend payers in the UK market (2.1%).
High Dividend: NXTL's dividend (2.11%) is low compared to the top 25% of dividend payers in the UK market (5.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.5%), NXTL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.1%), NXTL's dividend payments are well covered by cash flows.