Nedbank Group Dividend yield




   ZAR/share 
 Price  175.06
 Dividend  4.32
 Earnings  9.36
 Cash-flow  134.66
 Book value  175.06
 Equity  167.14

Nedbank Group is part of Banks business, which is part of Financials industry. Nedbank Group is a company from South Africa, and his stocks are publicly traded.

Nedbank Group paid a total dividend of 2,199 million ZAR last year, for a market value of 89,106 millions (Market Cap 62,443 millions). Dividend per share of Nedbank Group is 4.32 ZAR, and his stock market price 175.06 ZAR.

According to the chart below, where dividend yield is displayed, Nedbank Group has a dividend yield of 2.47%, lower than the amount offered by both the market average and companies from South Africa. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Nedbank Group dividend yield with other Banks companies or firms from South Africa.

Dividend yield of Nedbank Group

Nedbank Group Dividend Payout

About the ability of Nedbank Group to maintain his current dividend of ZAR 4.32 per share, an amount that accounts for 2.47%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nedbank Group payout on ernings is currently 46.15%, which is higher than the market average, and companies of Financials industry, which are 39.27% and 39.00% respectively. Both figures show that Nedbank Group can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Nedbank Group is ZAR 134.66 per share, which is higher than the dividend per share paid by the company of ZAR 4.32, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Nedbank Group, compared againt world market average, South Africa companies, Financials industry and Banks sector companies.

Nedbank Group payout

Nedbank Group Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present2.47%4.3246.15%509
202010.93%14.1555.73%502
20196.72%14.4051.74%497
20184.99%13.7156.89%500
20174.84%12.4058.57%499
20164.96%11.4151.58%499
20155.24%11.0554.49%499

*In millions

Nedbank Group Stock performance

Finally, last moth Nedbank Group showed a return of -5.40% compared to a worldwide -1.33% average, and a -1.33% of Financials firms. Over the last year, the company obtained a 73.70% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for South Africa and Banks firms.

Nedbank Group stock and market return