Trailing Dividend / Share
$0.42
NatWest Group plc (NWG) Dividend History
Income profile from 2008 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.4%
Payout Ratio
37.5%
Sustainable
Dividend Streak
1 years
3-Second Income Check
Safety
37.5% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 13.7% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield3.4%
Trailing DPS$0.42
FrequencyAnnual
Payments / 12M3
Payout Safety
Earnings Payout37.5%
Earnings SafetySustainable
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score5/9
Growth
Growth Streak1 years
3Y CAGR-4.2%
5Y CAGR23.1%
Yield on Cost (5Y)13.7%
YOC Trendrising
Total Returns
Buyback Yield5.5%
Total Shareholder Yield8.9%
1Y Total Return40.9%
5Y Total Return243.8%
Div Contribution (5Y)44.7%
Estimated $10K growth (return + dividends):
5Y ago$34,38510Y ago$29,96920Y ago$897
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). NWG's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
Income Growth Story
Dividend per share and yield on cost over time (10 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
NatWest Group plc distributes 37.5% of earnings as dividends (Sustainable).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
NWG has raised its dividend for 1 consecutive year, with a 3-year CAGR of -4.2% and 5-year CAGR of 23.1%.
Total Shareholder Returns
Beyond cash dividends, NWG returns capital through share repurchases. The combined picture: 3.4% dividend yield, 5.5% buyback yield, 8.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 13.7% and is currently rising. The 5-year total return is 243.8%, with dividends contributing 44.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $29,969 today.
Recent Dividend Payments
Last 18 payments · Annual
TTM Total$5.23
Avg/Payment$0.2906
Latest Change+149.4%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 20, 2026Latest | $0.6210 | ↑ +149.4% | 5.24% | May 5, 2026 |
| Aug 8, 2025 | $0.2490 | ↓ -34.6% | 4.44% | Sep 12, 2025 |
| Mar 14, 2025 | $0.3807 | ↑ +145.6% | 4.55% | Apr 28, 2025 |
| Aug 9, 2024 | $0.1550 | ↓ -45.5% | 6.68% | Sep 13, 2024 |
| Mar 14, 2024 | $0.2845 | ↑ +105.3% | 8.96% | Apr 29, 2024 |
| Dec 1, 2023 | $0.1386 | ↑ +2.5% | 9.49% | Dec 29, 2023 |
| Aug 10, 2023 | $0.1352 | ↓ -44.7% | 6.32% | Sep 15, 2023 |
| Mar 16, 2023 | $0.2443 | ↓ -50.8% | 11.45% | May 2, 2023 |
Dividend Peer Comparison
Peer group: European universal banks
#3 yield in peer group
Div Yield
3.4%
#3 of 5
Safety
Sustainable
37.5% payout
Streak
1Y
23.1% 5Y CAGR
Total Shareholder
8.9%
#2 of 5
Annual Dividend History
36 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.62 | — | 1 | — | — | — | 13.6% |
| 2025 | $0.63 | 43.3% | 2 | — | — | — | 13.7% |
| 2024 | $0.44 | -15.2% | 2 | $1.06 | 41.5% | 2.41x | 9.6% |
| 2023 | $0.52 | -27.7% | 3 | $0.98 | 52.9% | 1.89x | 11.3% |
| 2022 | $0.72 | 298.0% | 2 | $0.68 | 105.3% | 0.95x | 15.6% |
| 2021 | $0.18 | -19.3% | 2 | $0.54 | 33.3% | 3.00x | 3.9% |
| 2020 | $0.22 | -66.1% | 1 | $-0.17 | — | — | 4.9% |
| 2019 | $0.66 | 1097.0% | 2 | $0.56 | 117.5% | 0.85x | 14.4% |
| 2018 | $0.05 | — | 1 | $0.28 | 19.6% | 5.09x | 1.2% |
| 2017 | $0.00 | — | 0 | $0.14 | — | — | — |
See NWG's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs NWG Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare NWG vs JPM
See how NWG stacks up against sector leader JPMorgan Chase & Co..
Start ComparisonFrequently Asked Questions
How much dividend does NWG pay per share?
NatWest Group plc (NWG) pays a trailing 12-month dividend of $0.42 per share, with a current dividend yield of +3.4%. Payments are made Annual.
When is NWG's next ex-dividend date?
NWG's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. NWG typically pays dividends Annual.
Is NWG's dividend safe?
NWG's dividend safety is rated "Sustainable" based on an earnings payout ratio of +37.5% and FCF payout ratio of N/A. The 1-year growth streak provides moderate confidence.
How many years has NWG increased its dividend?
NWG has 1 consecutive years of dividend growth. The 5-year dividend CAGR is +23.1%.
How often does NWG pay dividends?
NatWest Group plc pays dividends Annual. The trailing 12-month total is $0.42 per share. Dividend data on this page covers 18+ years from 2008 to 2026.
How much would $10,000 invested in NWG grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in NWG five years ago would be worth approximately $34,385 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is NWG's yield on cost for long-term holders?
NWG's yield on cost — the current dividend divided by the original purchase price — is +13.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.4% market yield, thanks to consistent dividend growth.