National Development Bank Dividend
Dividend criteria checks 2/6
National Development Bank is a dividend paying company with a current yield of 2.47% that is well covered by earnings.
Key information
2.5%
Dividend yield
14%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨13.86 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (NDB.N0000) | 2.5% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.5% |
Industry Average (Banks) | 3.6% |
Analyst forecast in 3 Years (NDB.N0000) | n/a |
Notable Dividend: NDB.N0000's dividend (2.47%) is higher than the bottom 25% of dividend payers in the LK market (2.35%).
High Dividend: NDB.N0000's dividend (2.47%) is low compared to the top 25% of dividend payers in the LK market (7.54%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.9%), 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.