SmarterDividends
NWG

NatWest Group plc

NWG

Financial Services · Stock · semiannual payer

Forward Yield

5.41%

Annual Dividend

$0.88

Payout Ratio

47%

5-Yr Growth

7.7%

Ex-Date

Mar 20, 2026

Frequency

Semiannual

NWG Dividend Safety Score

59/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage47% of earnings paid out
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is NWG a good dividend stock?

Yes, with caveats

NatWest Group plc (NWG) pays a semiannual dividend yielding 5.41% ($0.88/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (47%)
  • Strong 7.7% 5-yr dividend growth
  • 163% total price return over 5 years

Risks

  • Cut its dividend in 2023

Key Data

Dividend Yield
5.41%
Payout Ratio
47%
Annual Dividend
$0.88
5-Yr Avg Growth
7.7%
Ex-Dividend Date
Mar 20, 2026
Years of Growth
2
Frequency
semiannual
Beta
0.82
Market Cap
$64.5B
P/E Ratio
8.6
5-Yr Total Return
163%
52-Week Range
$12.91 – $19.36
Dividend Safety
C · 59/100
Ever Cut?
Yes (2023)
NWG ex-dividend date & scheduleNext ex-date Mar 20, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.88 / yr per share

Per payment (semiannual)$44.00
Annual$88.00
Monthly avg$7.33