NDBKY (Nedbank Group) Dividend Payout Ratio : 0.61 (As of Jun. 2024)

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What is Nedbank Group Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Nedbank Group's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.61.

The historical rank and industry rank for Nedbank Group's Dividend Payout Ratio or its related term are showing as below:

NDBKY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.51 Max: 0.62
Current: 0.55

During the past 13 years, the highest Dividend Payout Ratio of Nedbank Group was 0.62. The lowest was 0.18. And the median was 0.51.

NDBKY's Dividend Payout Ratio is ranked worse than
77.33% of 1147 companies
in the Banks industry
Industry Median: 0.34 vs NDBKY: 0.55

As of today (2024-12-15), the Dividend Yield % of Nedbank Group is 6.56%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nedbank Group was 18.10%. The lowest was 1.83%. And the median was 5.18%.

Nedbank Group's Dividends per Share for the months ended in Jun. 2024 was $0.54.

During the past 12 months, Nedbank Group's average Dividends Per Share Growth Rate was 14.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 35.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nedbank Group was 95.90% per year. The lowest was -31.90% per year. And the median was 8.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Nedbank Group Dividend Payout Ratio Historical Data

The historical data trend for Nedbank Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nedbank Group Dividend Payout Ratio Chart

Nedbank Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.58

0.60

0.19

0.54

Nedbank Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.56	0.52	0.59	0.50	0.61

Competitive Comparison of Nedbank Group's Dividend Payout Ratio

For the Banks - Regional subindustry, Nedbank Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nedbank Group's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nedbank Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nedbank Group's Dividend Payout Ratio falls into.

Nedbank Group Dividend Payout Ratio Calculation

Nedbank Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.93	/	1.717
	=	0.54

Nedbank Group's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.543	/	0.895
	=	0.61

Nedbank Group (OTCPK:NDBKY) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Nedbank Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Nedbank Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Nedbank Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nedbank Group Ltd (OTCPK:NDBKY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NED:South Africa NDBKF:USA NBK:Namibia NCO:Germany

Address

135 Rivonia Road, Nedbank 135 Rivonia Campus, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.nedbankgroup.co.za

Nedbank Group Ltd is a financial services provider that offers corporate, retail, and investment banking services; insurance; asset management; and wealth management. It operates predominantly in South Africa. Net interest income from lending activities accounts for roughly half of the company's total revenue. Its operating segments include Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth, Nedbank Africa Regions, and Centre.