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NWLI National Western Life Group dividend history, payout ratio & dates

National Western Life Group's most recent annual dividend was on Nov 3, 2023 (ex-date) with a cash dividend payment of $0.36 per share. On an annualized basis, the company has a current payout of $0.36 per share. This brings the dividend yield to 0.07% based on its recent close price.

Key dates

  • NWLI last dividend date: Nov 3, 2023
  • NWLI next dividend date: Not announced
NWLI dividend stats
DPS
$0.36
Dividend yield
0.07%
Payout ratio
1.1%
vs. Financial Services sector
Dividend yield
3.33%
Payout ratio
36.1%

Dividend yield

What is National Western Life Group current dividend yield

NWLI has a dividend yield of 0.07% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.33%, National Western Life Group's dividend yield is 98% lower. The historical 5-year average of NWLI's dividend yield is 0.1%, which is higher than the current one.

Dividend history

What is NWLI dividend payout history and dates

National Western Life Group has been paying dividends since 2005. NWLI has issued one annual dividend in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone up by 84% from a year ago, the dividend yield has decreased by 49%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 3, 2023 Dec 1, 2023 Oct 26, 2023 $0.36 normal
Nov 4, 2022 Dec 1, 2022 Oct 21, 2022 $0.36 normal
Nov 4, 2021 Dec 1, 2021 Oct 22, 2021 $0.36 normal
Nov 4, 2020 Dec 1, 2020 Oct 30, 2020 $0.36 normal
Nov 5, 2019 Dec 2, 2019 Oct 18, 2019 $0.36 normal
Nov 6, 2018 Dec 3, 2018 Oct 19, 2018 $0.36 normal
Nov 7, 2017 Dec 1, 2017 Oct 20, 2017 $0.36 normal
Nov 7, 2016 Dec 2, 2016 Oct 21, 2016 $0.36 normal

National Western Life Group dividend payout ratio

What is National Western Life Group dividend payout ratio compared to the sector

Payout ratio

NWLI has a payout ratio of 1.1% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 36.1%, National Western Life Group's payout ratio is 97% lower.

Total amount of dividends paid per financial year (from cash flow)

NWLI dividend vs peer dividends

How does NWLI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
LNC Lincoln National Corp 6.58% $1.8 N/A
PRI Primerica Inc 1.08% $2.7 17.9%
AAME Atlantic American Corp 0.74% $0.02 15.4%
NWLI National Western Life Group Inc 0.07% $0.36 1.1%
AEL American Equity Investment Life Holding Co N/A N/A N/A

Frequently asked questions

Does National Western Life Group pay a dividend?

Yes, National Western Life Group has paid one dividend in the last 12 months. NWLI has been paying dividends since 2005.

When was NWLI's last dividend?

National Western Life Group's last regular dividend was on Nov 3, 2023 (ex-date) with the amount of $0.36 per share.

How much dividend does National Western Life Group pay (per share)?

NWLI has paid dividend of $0.36 per share in the last year.

What is National Western Life Group's dividend yield?

The current dividend yield of National Western Life Group is 0.07%.

How often does National Western Life Group pay dividends?

National Western Life Group typically pays one dividend per year.

What is National Western Life Group's dividend payout ratio?

National Western Life Group's dividend payout ratio is 1.1%.

Does National Western Life Group pay a good dividend?

National Western Life Group's dividend yield is lower than the Financial Services sector average.