NLB Banka a.d. Skopje (XMAE:TNB) Dividend Payout Ratio: (As of Jun. 2026)

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XMAE:TNB NLB Banka a.d. Skopje XMAE:TNB
84 GF Score
Price MKD51,000.00
GF Value MKD55,374.52
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is NLB Banka a.d. Skopje 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. NLB Banka a.d. Skopje's Dividend Payout Ratio for the months ended in Jun. 2026 was .

The historical rank and industry rank for NLB Banka a.d. Skopje's Dividend Payout Ratio or its related term are showing as below:


During the past 10 years, the highest Dividend Payout Ratio of NLB Banka a.d. Skopje was 0.73. The lowest was 0.27. And the median was 0.54.

XMAE:TNB's Dividend Payout Ratio is not ranked *
in the Banks industry.
Industry Median: 0.32
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-09-20), the Dividend Yield % of NLB Banka a.d. Skopje is 5.04%.

During the past 10 years, the highest Trailing Annual Dividend Yield of NLB Banka a.d. Skopje was 11.35%. The lowest was 2.42%. And the median was 5.96%.

NLB Banka a.d. Skopje's Dividends per Share for the months ended in Jun. 2026 was MKD.

During the past 12 months, NLB Banka a.d. Skopje's average Dividends Per Share Growth Rate was -1.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 52.10% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of NLB Banka a.d. Skopje was 52.10% per year. The lowest was -24.80% per year. And the median was 36.60% 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.

NLB Banka a.d. Skopje (XMAE:TNB) 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.

NLB Banka a.d. Skopje Dividend Payout Ratio Related Terms

NLB Banka a.d. Skopje Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for NLB Banka a.d. Skopje'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.

NLB Banka a.d. Skopje Dividend Payout Ratio Chart

NLB Banka a.d. Skopje Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.90 0.84 1.07 0.58

NLB Banka a.d. Skopje Quarterly Data
Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.93 - -

XMAE:TNB vs USB, PNC: Dividend Payout Ratio Comparison

For the Banks - Regional subindustry, NLB Banka a.d. Skopje'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.

NLB Banka a.d. Skopje Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, NLB Banka a.d. Skopje's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where NLB Banka a.d. Skopje's Dividend Payout Ratio falls into.


XMAE:TNB
84GF Score
NLB Banka a.d. Skopje XMAE:TNB
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NLB Banka a.d. Skopje Dividend Payout Ratio Calculation

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.

NLB Banka a.d. Skopje's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=2571/ 4413.4085270256
=0.58

NLB Banka a.d. Skopje's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=/ 1158.9312707172
=0.00

* 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.

Is NLB Banka a.d. Skopje (XMAE:TNB) Overvalued in 2026?

Based on GuruFocus' analysis, NLB Banka a.d. Skopje stock appears to be undervalued. The current stock price of MKD51,000.00 is trading 7.9% below its estimated GF Value™ of MKD55,374.52. GuruFocus considers NLB Banka a.d. Skopje to be Fairly Valued.

Key valuation signals for XMAE:TNB:

  • Dividend Payout Ratio:
  • GF Value™: MKD55,374.52 vs. price of MKD51,000.00 (7.9% below fair value)
  • GF Score™: 84/100 with 1 warning sign

No single metric tells the full story. See the XMAE:TNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NLB Banka a.d. Skopje Business Description

Address Majka Tereza No.1, Skopje, MKD, 1000
NLB Banka a.d. Skopje is a bank in the Republic of Macedonia. It provides general banking services like accepting deposits, granting loans and advances, foreign exchange, asset management, retail banking services, brokerage services, custody services, and many others. The bank operates in the Republic of Macedonia, EU countries, Non-EU countries in Europe, and other countries.
84GF Score

Get the complete analysis for XMAE:TNB

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MKD51,000.00
Price
MKD55,374.52
GF Value