Trailing Dividend / Share
$1.17
NatWest Group plc (NWG) Dividend History
Income profile from 2008 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
9.3%
Payout Ratio
40.7%
Sustainable
Dividend Streak
1 years
NWG Dividend Income Check
Safety
40.7% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 13.9% and trend is rising.
NWG Dividend Scorecard
Yield & Income
Dividend Yield9.3%
Trailing DPS$1.17
FrequencyAnnual
Payments / 12M2
Payout Safety
Earnings Payout40.7%
Earnings SafetySustainable
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score7/9
Growth
Growth Streak1 years
3Y CAGR-0.3%
5Y CAGR23.3%
Yield on Cost (5Y)13.9%
YOC Trendrising
Total Returns
Buyback Yield10.2%
Total Shareholder Yield19.5%
1Y Total Return24.5%
5Y Total Return229.1%
Div Contribution (5Y)49.1%
Estimated $10K growth (return + dividends):
5Y ago$32,91110Y ago$27,76420Y ago$928
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.
NWG Income Growth Story
Dividend per share and yield on cost over time (10 years of payments)
NWG Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
NatWest Group plc distributes 40.7% of earnings as dividends (Sustainable).
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
NWG has raised its dividend for 1 consecutive year, with a 3-year CAGR of -0.3% and 5-year CAGR of 23.3%.
Total Shareholder Returns
Beyond cash dividends, NWG returns capital through share repurchases. The combined picture: 9.3% dividend yield, 10.2% buyback yield, 19.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 13.9% and is currently rising. The 5-year total return is 229.1%, with dividends contributing 49.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $27,764 today.
NWG Recent Dividend Payments
Last 18 payments · Annual
TTM Total$5.16
Avg/Payment$0.2867
Latest Change+143.7%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 20, 2026Latest | $0.6207 | ↑ +143.7% | 6.30% | May 5, 2026 |
| Aug 8, 2025 | $0.2547 | ↓ -33.1% | 4.48% | 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 | ↓ -42.0% | 11.45% | May 2, 2023 |
NWG Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
9.3%
#1 of 7
Safety
Sustainable
40.7% payout
Streak
1Y
23.3% 5Y CAGR
Total Shareholder
19.5%
#1 of 7
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st NWGNatWest Group plc | $33.4B | 9.3% | 40.7% | 1 | Sustainable |
2nd  HSBCHSBC Holdings plc | $326.4B | 3.5% | 51.8% | 3 | Sustainable |
 BCSBarclays PLC | $90.3B | 3.1% | 30.8% | 3 | Sustainable |
3rd  LYGLloyds Banking Group… | $81.0B | 3.1% | 42.0% | 3 | Sustainable |
 UBSUBS Group AG | $157.7B | 1.4% | 38.7% | 8 | Sustainable |
 JPMJPMorgan Chase & Co. | $908.6B | 1.8% | 29.1% | 15 | Sustainable |
 BACBank of America Corp… | $424.1B | 2.3% | 31.3% | 12 | Sustainable |
NWG Annual Dividend History (1991–2026)
36 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.62 | — | 1 | — | — | — | 13.6% |
| 2025 | $0.64 | 44.6% | 2 | $2.70 | 23.5% | 4.25x | 13.9% |
| 2024 | $0.44 | -15.2% | 2 | $2.12 | 20.7% | 4.82x | 9.6% |
| 2023 | $0.52 | -19.2% | 3 | $1.96 | 26.4% | 3.78x | 11.3% |
| 2022 | $0.64 | 257.1% | 2 | $1.36 | 47.1% | 2.12x | 14.0% |
| 2021 | $0.18 | -19.5% | 2 | $1.08 | 16.6% | 6.02x | 3.9% |
| 2020 | $0.22 | -66.1% | 1 | $-0.34 | — | — | 4.9% |
| 2019 | $0.66 | 1097.0% | 2 | $1.12 | 58.7% | 1.70x | 14.4% |
| 2018 | $0.05 | — | 1 | $0.56 | 9.8% | 10.19x | 1.2% |
| 2017 | $0.00 | — | 0 | $0.27 | — | — | — |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into NWG consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
18+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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NWG — Frequently Asked Questions
Quick answers to the most common questions about buying NWG stock.
How much dividend does NWG pay per share?
NatWest Group plc (NWG) pays a trailing 12-month dividend of $1.17 per share, with a current dividend yield of +9.3%. 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 +40.7% 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 +23.3%.
How often does NWG pay dividends?
NatWest Group plc pays dividends Annual. The trailing 12-month total is $1.17 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 $32,911 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 +13.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +9.3% market yield, thanks to consistent dividend growth.