National Bank Dividend
Dividend criteria checks 2/6
National Bank is a dividend paying company with a current yield of 3.42% that is well covered by earnings.
Key information
3.4%
Dividend yield
39%
Payout ratio
Industry average yield | 4.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.13 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 8 years.
Dividend Yield vs Market
National Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TNB) | 3.4% |
Market Bottom 25% (PS) | 3.1% |
Market Top 25% (PS) | 6.2% |
Industry Average (Banks) | 4.7% |
Analyst forecast in 3 Years (TNB) | n/a |
Notable Dividend: TNB's dividend (3.42%) is higher than the bottom 25% of dividend payers in the PS market (3.06%).
High Dividend: TNB's dividend (3.42%) is low compared to the top 25% of dividend payers in the PS market (6.22%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), TNB's dividend payments are well 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.