National Western Life Group's most recent annual dividend was on Nov 4, 2021 (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 0.17% based on its recent close price.
NWLI has a dividend yield of 0.17% which is lower than the Financial Services sector, the industry and its peers average.
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 down by 10% from a year ago, the dividend yield has increased by 9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
NWLI has a payout ratio of 0.8% which is lower than the Financial Services sector, the industry and its peers average.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LNC Lincoln National Corp | 3.66% | $1.74 | 25.1% |
| PRI Primerica Inc | 1.68% | $2.04 | 22.6% |
| AEL American Equity Investment Life Holding Co | 0.91% | $0.34 | 4.6% |
| AAME Atlantic American Corp | 0.79% | $0.02 | 5.7% |
| NWLI National Western Life Group Inc | 0.17% | $0.36 | 0.8% |