NatWest Group plc
EURO STOXX 600Last update: May 9, 2026 at 09:32
Dividend Safety Rating
NWG.L's dividend shows some areas that warrant monitoring. Strengths include a 37.1% earnings payout ratio & 41.0% fcf payout ratio. Areas of concern: Volatile profit margin stability & Yes dividend cut. As a financial company, some traditional cash flow metrics are less applicable. The score focuses on earnings-based coverage and profitability.
Based on 8 of 10 metrics
Strengths
- Earnings Payout Ratio: 37.1%Low earnings payout ratio leaves room to grow the dividend.
- Operating Margin: 50.3%Healthy operating margin provides a wide buffer.
- FCF Payout Ratio: 41.0%Free cash flow comfortably covers the dividend.
Risks
- Dividend Cut: YesDividend was cut or suspended in recent history.
- Profit Margin Stability: VolatileProfit margins have been volatile.
Payout & Coverage
Very SafeBalance Sheet
N/AProfitability
SafeDividend Track Record
WarningAbout NatWest Group plc
NatWest Group plc is a leading British banking and financial services provider headquartered in Edinburgh, United Kingdom, founded in 1968. It operates through key segments including Retail Banking, which offers current accounts, mortgages, personal unsecured lending, deposits, and digital banking services; Private Banking, delivering tailored banking, lending, and wealth management to high-net-worth individuals; and Commercial & Institutional, providing specialized solutions for businesses from entrepreneurs to large corporations. Central functions cover treasury, risk management, compliance, and human resources. With a market capitalization around 45-58 billion, the group serves customers in the UK and internationally, focusing on robust financial performance evidenced by strong revenue, net income, and returns on equity. NatWest Group plc plays a pivotal role in the UK financial sector, supporting economic resilience through loan growth, deposit expansion, and initiatives like net-zero transition financing, while maintaining a history of recovery from past challenges to full private ownership.
Dividend Overview
Dividend Yield
5.62%
Annual Dividend
£0.33
Frequency
Semi-Annual
Payout Ratio
37.09%
FCF Payout Ratio
41.04%
Stock Price
£5.80
52-Week Range
£4.71 – £7.05
Dividend History (2016–2025)
NWG.L annual dividend per share and yield history
Earnings & Profitability
NWG.L earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
March 19, 2026
Next Payment Date
—
Dividend Growth
3-Year Dividend CAGR
-6.77%
5-Year Dividend CAGR
N/A
10-Year Dividend CAGR
N/A
3-Year Total Growth
-18.96%
5-Year Total Growth
N/A
10-Year Total Growth
N/A
Income Calculator
Similar Dividend Stocks
Frequently Asked Questions
What is NWG.L's current dividend yield?
When is NWG.L's next dividend payment date?
How much does NWG.L pay in dividends per year?
Has NWG.L been increasing its dividend?
Is NWG.L's dividend safe?
How is NWG.L's Dividend Safety Rating calculated?
Want to understand how we rate dividend safety? Read our full methodology
Track NWG.L Dividends with OnlyDividends
What will NWG.L actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.
This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.