National Development Bank Dividends and Buybacks
Dividend criteria checks 1/6
National Development Bank is a dividend paying company with a current yield of 2.34% that is well covered by earnings.
Key information
2.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -17.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨1.923 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NDB.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: NDB.N0000's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| National Development Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NDB.N0000) | 2.3% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.5% |
| Industry Average (Banks) | 3.3% |
| Analyst forecast (NDB.N0000) (up to 3 years) | n/a |
Notable Dividend: NDB.N0000's dividend (2.34%) isn’t notable compared to the bottom 25% of dividend payers in the LK market (2.43%).
High Dividend: NDB.N0000's dividend (2.34%) is low compared to the top 25% of dividend payers in the LK market (7.47%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.7%), NDB.N0000's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.