NatWest Group plc (NWG) Dividend History

NYSE: NWGYield, payment dates, growth and payout ratio.

NWG latest dividend

$0.32last dividend per share
Ex-dividend dateAug 14Friday, 2026
Payment dateSep 18Friday, 2026

The next dividend has not been announced yet.

  • 1 yearsof dividend increases
  • 2018paying since
  • —payments
  • +23.7%5-year growth a year
  • 5.37%forward yield

NWG dividend income calculator

Dividend income a year
$94
Each payment
$24
Value of the shares
$1,751
Dividend yield
5.37%

At the latest close; forward annual dividend $0.94 per share, before tax.

NWG dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

NWG dividend safety

Payout ratio (earnings)46.5%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)41.0%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+23.7%
Growing · a year on average
Years of increases1
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

NWG yield on cost

NatWest Group plc yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$14.406.53%$0.946.5%
3 years ago$5.6016.79%$2.1738.8%
5 years ago$6.9113.61%$3.2847.5%
10 years ago$4.7419.83%$4.4293.2%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

NWG dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 20 payments).

NWG dividends by year

NatWest Group plc dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$0.65+45.3%3.69%2
2024$0.44−14.6%4.37%2
2023$0.52−28.9%9.24%3
2022$0.73—11.32%3
2021$0.18—2.73%2
2020$0.22−67.0%4.58%1
2019$0.68—9.75%2
2018$0.05—0.91%1

NWG dividend history

20 payments
NatWest Group plc dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-08-142026-09-18$0.322−48.1%Semiannual
2026-03-202026-05-05$0.621+143.5%Semiannual
2025-08-082025-09-12$0.255−34.6%Semiannual
2025-03-142025-04-28$0.39+153.2%Semiannual
2024-08-092024-09-13$0.154−46.9%Semiannual
2024-03-142024-04-29$0.29+108.6%Semiannual
2023-12-012023-12-29$0.139−1.4%Twice a year
2023-08-102023-09-15$0.141−41.3%Semiannual
2023-03-162023-05-02$0.24−43.0%Semiannual
2022-08-30—$0.421+365.1%
2022-08-252022-09-16$0.0905−58.8%Semiannual
2022-03-172022-03-18$0.2198+145.8%Semiannual
2021-08-122021-09-17$0.0894−1.2%Semiannual
2021-03-252021-05-04$0.0905−59.4%Once a year
2020-03-262020-05-04$0.2231−39.1%
2019-08-152019-09-20$0.3664+18.1%Semiannual
Show all 20 payments
Ex-dividend datePayment dateAmountChangeFrequency
2019-03-212019-04-30$0.3104+464.7%
2018-08-232018-10-12$0.055−99.6%
2008-05-292008-06-04$14.17+46.8%
2008-03-052008-05-23$9.65—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

NWG stock split history

  • 928:1000August 30, 2022
  • 1:20November 7, 2008
  • 1025:1000September 10, 2008

NWG dividend overview

NatWest pays an annual dividend of $0.94 per share, a yield of 5.37% at the latest close. It paid $0.65 per share in 2025, up 45.3% from 2024. Over five years the dividend grew 23.7% a year on average. The payout ratio is 46.5% of trailing earnings.

Related: NWG key metrics, NWG chart. See the NWG stock overview for the latest quote and news.

NWG dividends FAQ

Does NatWest pay a dividend?

Yes. NatWest has paid a regular dividend since 2018, most recently $0.32 per share with an ex-dividend date of August 14, 2026. It also paid dividends from 2008 to 2008.

What is NatWest's dividend yield?

NatWest's forward annual dividend is $0.94 per share, a dividend yield of 5.37% at the latest close of $17.51.

How fast is NatWest's dividend growing?

NatWest's dividend per share grew from $0.22 in 2020 to $0.65 in 2025, 23.7% a year on average over five years.

What is NatWest's dividend payout ratio?

NatWest pays out 46.5% of its trailing earnings as dividends and 41.0% of its free cash flow (fiscal 2025).

Has NatWest split its stock?

NatWest has split its stock 3 times: 928:1000 on August 30, 2022, 1:20 on November 7, 2008, 1025:1000 on September 10, 2008. Dividends per share on this page are adjusted for splits.

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