Nations Trust Bank PLC

COSE:NTB.N0000 Stock Report

Market Cap: LK₨36.5b

Nations Trust Bank Dividend

Dividend criteria checks 3/6

Nations Trust Bank is a dividend paying company with a current yield of 2.21% that is well covered by earnings.

Key information

2.2%

Dividend yield

6%

Payout ratio

Industry average yield4.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareLK₨2.449
Earnings per shareLK₨41.01
Dividend yield forecast3.3%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: NTB.N0000's dividend payments have been volatile in the past 10 years.

Growing Dividend: NTB.N0000's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Nations Trust Bank Dividend Yield vs Market
How does NTB.N0000 dividend yield compare to the market?
SegmentDividend Yield
Company (NTB.N0000)2.2%
Market Bottom 25% (LK)2.7%
Market Top 25% (LK)8.7%
Industry Average (Banks)4.5%
Analyst forecast (NTB.N0000) (up to 3 years)3.3%

Notable Dividend: NTB.N0000's dividend (2.21%) isn’t notable compared to the bottom 25% of dividend payers in the LK market (2.69%).

High Dividend: NTB.N0000's dividend (2.21%) is low compared to the top 25% of dividend payers in the LK market (8.66%).


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (6%), NTB.N0000's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: NTB.N0000's dividends in 3 years are forecast to be thoroughly covered by earnings (8% payout ratio).


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