NatWest Group plc

NWG.L|Financial Services|Banks - Regional|£5.29|P/E 7.8|MCap 42.0B|LSE

Last update: Mar 25, 2026 at 04:53

About 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

6.18%

Annual Dividend

£0.33

Frequency

Semi-Annual

Payout Ratio

37.09%

FCF Payout Ratio

41.04%

Stock Price

£5.29

52-Week Range

£3.81 – £7.05

Dividend Health Score

Caution

Dividend Health Assessment

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

Payout & Coverage

Very Safe

Earnings Payout Ratio

37.1%Very Safe

FCF Payout Ratio

41.0%Safe

Balance Sheet

N/A

Net Debt / Total Assets

N/AN/A

Profitability

Safe

Return on Equity

14.2%Safe

Operating Margin

47.1%Very Safe

Profit Margin Stability

VolatileWarning

Dividend Track Record

Warning

5 yrsCaution

YesDanger

N/AN/A

Mostly StableCaution

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

Next 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

NWG.L Dividend Calculator

Number of Shares

Total Investment

£529.00

Annual Income

£32.50

Quarterly Income

£8.13

Monthly Income

£2.71

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Frequently Asked Questions

What is NWG.L's current dividend yield?

NatWest Group plc (NWG.L) currently has a dividend yield of 6.18%, based on a stock price of £5.29 and an annual dividend of £0.33.

When is NWG.L's next dividend payment date?

NWG.L's next ex-dividend date is 2026-03-19 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.

How much does NWG.L pay in dividends per year?

NatWest Group plc paid £0.25 per share in annual dividends in 2025. The dividends are paid semi-annual.

Has NWG.L been increasing its dividend?

NatWest Group plc has grown its dividend at a 5-year CAGR of —.

Is NWG.L's dividend safe?

NatWest Group plc has a payout ratio of 37.09%. A payout ratio below 60% is generally considered sustainable.

How is NWG.L's Dividend Health Score calculated?

The Dividend Health Score evaluates NatWest Group plc's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for financial services companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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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 Health Score, 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.