Nedbank Group Dividend yield

 Price  233.07
 Dividend  4.34
 Earnings  24.53
 Cash-flow  28.08
 Book value  194.23
 Equity  179.05

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 2,209 million ZAR last year, for a market value of 118,633 millions (Market Cap 97,152 millions). Dividend per share of Nedbank Group is 4.34 ZAR, and his stock market price 233.07 ZAR.

According to the chart below, where dividend yield is displayed, Nedbank Group has a dividend yield of 1.86%, 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 4.34 per share, an amount that accounts for 1.86%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nedbank Group payout on ernings is currently 17.69%, which is lower than the market average and companies of Financials industry, which are 38.25% and 41.38% respectively. Both figures lead us to believe that there is confidence that Nedbank Groupcan maintain his current dividend.

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 28.08 per share, which is higher than the dividend per share paid by the company of ZAR 4.34, 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* 

*In millions

Nedbank Group Stock performance

Finally, last moth Nedbank Group showed a return of 6.60% compared to a worldwide 1.12% average, and a 1.75% of Financials firms. Over the last year, the company obtained a 66.50% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for South Africa and Banks firms.

Nedbank Group stock and market return