National Western Life Group's most recent annual dividend was on Nov 4, 2022 (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 0.16% based on its recent close price.
NWLI has a dividend yield of 0.16% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.73%, National Western Life Group's dividend yield is 94% lower. The historical 5-year average of NWLI's dividend yield is 0.2%, which is in line with the current one.
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 2.3% from a year ago, the dividend yield has decreased by 5%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
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 30.7%, National Western Life Group's payout ratio is 96% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LNC Lincoln National Corp | 5.72% | $1.8 | N/A |
| PRI Primerica Inc | 1.55% | $2.2 | 30.9% |
| AEL American Equity Investment Life Holding Co | 0.9% | $0.36 | 2.6% |
| AAME Atlantic American Corp | 0.76% | $0.02 | 15.4% |
| NWLI National Western Life Group Inc | 0.17% | $0.36 | 1.1% |
Yes, National Western Life Group has paid one dividend in the last 12 months. NWLI has been paying dividends since 2005.
National Western Life Group's last regular dividend was on Nov 4, 2022 (ex-date) with the amount of $0.36 per share.
NWLI has paid dividend of $0.36 per share in the last year.
The current dividend yield of National Western Life Group is 0.16%.
National Western Life Group typically pays one dividend per year.
National Western Life Group's dividend payout ratio is 1.1%.
National Western Life Group's dividend yield is lower than the Financial Services sector average.