National Bank Dividends and Buybacks
Dividend criteria checks 2/6
National Bank is a dividend paying company with a current yield of 4.17% that is well covered by earnings.
Key information
4.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.050 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TNB has been paying a dividend for less than 10 years.
Growing Dividend: TNB's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| National Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TNB) | 4.2% |
| Market Bottom 25% (PS) | 2.8% |
| Market Top 25% (PS) | 6.1% |
| Industry Average (Banks) | 5.8% |
| Analyst forecast (TNB) (up to 3 years) | n/a |
Notable Dividend: TNB's dividend (4.17%) is higher than the bottom 25% of dividend payers in the PS market (2.77%).
High Dividend: TNB's dividend (4.17%) is low compared to the top 25% of dividend payers in the PS market (6.15%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.7%), TNB's dividend payments are 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.