NMB Bank Plc
DAR:NMB Stock Report
NMB Bank Dividends and Buybacks
Dividend criteria checks 4/6
NMB Bank is a dividend paying company with a current yield of 6.69% that is well covered by earnings.
Key information
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.7% |
| Dividend Growth | 9.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | TSh361.180 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Stability and Growth of Payments
Stable Dividend: NMB's dividend payments have been volatile in the past 10 years.
Growing Dividend: NMB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NMB Bank Dividend Yield vs Market |
|---|
How does NMB dividend yield compare to the market?| Segment | Dividend Yield |
|---|
| Company (NMB) | 6.7% |
| Market Bottom 25% (TZ) | 3.7% |
| Market Top 25% (TZ) | 6.4% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast (NMB) (up to 3 years) | 6.7% |
Notable Dividend: NMB's dividend (6.69%) is higher than the bottom 25% of dividend payers in the TZ market (3.72%).
High Dividend: NMB's dividend (6.69%) is in the top 25% of dividend payers in the TZ market (6.42%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), NMB'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.
Discover strong dividend paying companies
{"enabled":true,"variant":{"name":"control","enabled":true,"feature_enabled":true,"featureEnabled":true},"flagsReady":true,"flagsError":null}