Netwealth Group (ASX:NWL) Dividend Payout Ratio : 0.81 (As of Dec. 2023)

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What is Netwealth Group Dividend Payout Ratio?

Netwealth Group's dividend payout ratio for the months ended in Dec. 2023 was 0.81.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Netwealth Group Ltd is 0.77, which seems too high.

The historical rank and industry rank for Netwealth Group's Dividend Payout Ratio or its related term are showing as below:

ASX:NWL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.73 Med: 0.75 Max: 0.86
Current: 0.77

During the past 6 years, the highest Dividend Payout Ratio of Netwealth Group was 0.86. The lowest was 0.73. And the median was 0.75.

ASX:NWL's Dividend Payout Ratio is ranked worse than
77.3% of 304 companies
in the Capital Markets industry
Industry Median: 0.395 vs ASX:NWL: 0.77

As of today (2024-05-16), the Dividend Yield % of Netwealth Group is 1.37%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Netwealth Group was 1.71%. The lowest was 0.75%. And the median was 1.29%.

Netwealth Group's Dividends per Share for the months ended in Dec. 2023 was A$0.13.

During the past 12 months, Netwealth Group's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.90% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Netwealth Group was 21.40% per year. The lowest was 15.90% per year. And the median was 18.65% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Netwealth Group Dividend Payout Ratio Historical Data

The historical data trend for Netwealth Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Netwealth Group Dividend Payout Ratio Chart

Netwealth Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.74

0.73

0.75

0.86

0.76

Netwealth Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial								0.86	0.86	0.79	0.74	0.81

Competitive Comparison of Netwealth Group's Dividend Payout Ratio

For the Capital Markets subindustry, Netwealth Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Netwealth Group's Dividend Payout Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Netwealth Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Netwealth Group's Dividend Payout Ratio falls into.

Netwealth Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Netwealth Group's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.21	/	0.275
	=	0.76

Netwealth Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.13	/	0.161
	=	0.81

Netwealth Group (ASX:NWL) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Netwealth Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Netwealth Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Netwealth Group (ASX:NWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Netwealth Group Ltd (ASX:NWL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.netwealth.com.au

Netwealth provides cloud-based investment administration software as a service, or SaaS, in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform which are managed by third-party investment managers.