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 yield | 4.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨2.449 |
| Earnings per share | LK₨41.01 |
| Dividend yield forecast | 3.3% |
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 |
|---|
| Segment | Dividend 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).