Nedbank Group Dividends and Buybacks
Dividend criteria checks 4/6
Nedbank Group is a dividend paying company with a current yield of 6.76% 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 | R19.930 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NED's dividend payments have been volatile in the past 10 years.
Growing Dividend: NED's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nedbank Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NED) | 6.8% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.0% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast (NED) (up to 3 years) | 8.5% |
Notable Dividend: NED's dividend (6.76%) is higher than the bottom 25% of dividend payers in the ZA market (3.17%).
High Dividend: NED's dividend (6.76%) is low compared to the top 25% of dividend payers in the ZA market (7.98%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.3%), NED's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NED's dividends in 3 years are forecast to be covered by earnings (58.4% payout ratio).