Nedbank Group Dividends and Buybacks
Dividend criteria checks 5/6
Nedbank Group is a dividend paying company with a current yield of 6.78% that is well covered by earnings.
Key information
6.8%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 6.9% |
| Future Dividend Yield | 8.5% |
| Dividend Growth | 4.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.086 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NDBK.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: NDBK.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nedbank Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NDBK.Y) | 6.8% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (NDBK.Y) (up to 3 years) | 8.5% |
Notable Dividend: NDBK.Y's dividend (6.78%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: NDBK.Y's dividend (6.78%) is in the top 25% of dividend payers in the US market (4.2%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.3%), NDBK.Y's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NDBK.Y's dividends in 3 years are forecast to be covered by earnings (58.3% payout ratio).