DV
Dividend Vision

NWG Stock — NatWest Group plc

NatWest Group plc (NWG)

Updated October 16, 2026.

Verdict as of October 16, 2026

NWG's distribution is rated safe by the Dividend Vision Distribution Safety Score™ (83/100, high confidence). It pays semi-annual and its distribution rate is 3.68%. The latest total cash payment per current share, $0.322 with an ex-date of August 14, 2026, was 48.1% lower than the previous $0.621. These payments are unclassified; this does not establish a base-dividend change.

Sources: issuer page for NWG, Section 19a-1 notices, scoring methodology.

NWG is a Stock. its distribution rate is 3.68%, its trailing-12-month yield is 5.39%. Dividend Vision Distribution Safety Score™ is 83/100 (Safe). Total return is -83.6% over the past 19 years, 678.3 points behind SPY at 594.7%.

NatWest Group plc is a major UK-based bank providing retail, private, and commercial banking services, including mortgages, personal lending, wealth management, and institutional banking across the United Kingdom and internationally. The stock offers a moderate current distribution rate paid semi-annually. It may appeal to income-focused investors seeking exposure to established financial services businesses.

NWG dividend yield and income

Price as of 2026-10-16.

The distribution rate (3.68%) uses calculation basis unavailable. Trailing-12-month yield (5.39%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.322. The ex-dividend date is 08/14/2026. The payment date is 09/18/2026.

Recorded distribution timeline (20)
Ex-dateAs paidPer current shareChange from previous payment
2026-08-14$0.322$0.322-48.1%
Unclassified cash
2026-03-20$0.621$0.621143.5%
Unclassified cash
2025-08-08$0.255$0.255-34.6%
Unclassified cash
2025-03-14$0.39$0.39153.2%
Unclassified cash
2024-08-09$0.154$0.154-46.9%
Unclassified cash
2024-03-14$0.29$0.29108.6%
Unclassified cash
2023-12-01$0.139$0.139-1.4%
Unclassified cash
2023-08-10$0.141$0.141-41.3%
Unclassified cash
2023-03-16$0.24$0.24N/A
2022-08-30$0.39069$0.39069331.6%
Unclassified cash
2022-08-25$0.084$0.0905-58.8%
Unclassified cash
2022-03-17$0.204$0.2198145.8%
Unclassified cash
2021-08-12$0.083$0.0894-1.2%
Unclassified cash
2021-03-25$0.084$0.0905-59.4%
Unclassified cash
2020-03-26$0.207$0.2231-39.1%
Unclassified cash
2019-08-15$0.34$0.366418.1%
Unclassified cash
2019-03-21$0.288$0.3103464.7%
Unclassified cash
2018-08-23$0.051$0.055-99.6%
Unclassified cash
2008-05-29$0.674$14.171646.8%
Unclassified cash
2008-03-05$0.459$9.651—
2008 total—$23.8225—
2018 total—$0.055-99.8%
2019 total—$0.67671131.4%
2020 total—$0.2231-67.0%
2021 total—$0.18-19.3%
2022 total—$0.701289.6%
2023 total—$0.52-25.8%
2024 total—$0.444-14.6%
2025 total—$0.64545.3%
2026 YTD total—$0.94346.2% vs prior-year YTD

NWG dividend growth

Trailing-12-month distributions versus the preceding 12 months changed +46.2%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -22.25%.

TTM income vs TTM N years earlier
WindowChange
1Y+46.2%
3Y147.5%
5Y424.0%

NWG performance versus SPY

Price and return data through 2026-10-16.

Total return is -83.6% over the past 19 years, 678.3 points behind SPY at 594.7%. Over the past year its total return — price change plus distributions reinvested — is 27.3%. Its deepest 1-year drawdown was 24.0%.

WindowTotal returnCAGR
1M-6.0%—
3M-0.1%—
6M7.0%—
YTD6.1%—
1Y27.3%—
2Y CAGR—44.70%
3Y CAGR—55.60%
5Y CAGR—29.70%
10Y CAGR—21.30%
Since inception (19 years)-83.6%-9.10%

NWG key facts

Distribution Safety Score™
83 · Safe
Safety-Adjusted Yield
3.05%
Asset type
Stock
Asset class
Equity
Inception date
10/11/2007
Distribution rate
3.68%
Distribution frequency
Semi-Annual
Trailing yield
5.39%
5-year average yield
4.61
Last close
$17.51 (as of 2026-10-16)
Market cap
$69,326,282,297
Average volume
4461307.0
Dividend
$0.322
Ex-dividend date
08/14/2026
Payment date
09/18/2026
Beta
0.821
Payout ratio
46.5%
P/E ratio
8.8
Forward P/E
8.5179
EPS
$1.99

How Dividend Vision calculates yield and returns

Distribution rate (3.68%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (5.39%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NWG risks and drawbacks

NWG's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 24.0%.

Who may consider NWG — and who may not

NWG may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (NWG pays semi-annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on NWG

Tagged: Financials, Dividend.

Frequently asked questions

Does NWG pay monthly?

No. NWG currently pays semi-annual, not monthly.

What is NWG's dividend yield?

NWG's distribution rate is 3.68%, paid semi-annual — calculation basis unavailable.

How has NWG's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed +46.2%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does NWG pay a dividend?

NWG pays semi-annual. The dividend amount is $0.322. The ex-dividend date is 08/14/2026. The payment date is 09/18/2026.

How has NWG performed?

Total return is -83.6% over the past 19 years, 678.3 points behind SPY at 594.7%. Over the past year its total return — price change plus distributions reinvested — is 27.3%. Its deepest 1-year drawdown was 24.0%.

Is NWG a good investment?

NWG's Dividend Vision Distribution Safety Score is 83 (Safe). That is a risk signal, not investment advice. Its distribution rate is 3.68% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.