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Nedbank Group Limited (NDBKF)

Other OTC - Other OTC Delayed Price. Currency in USD
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13.40+1.32 (+10.93%)
At close: 03:37PM EDT
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  • GuruFocus.com

    Nedbank Group Ltd's Dividend Analysis

    Nedbank Group Ltd (NDBKY) recently announced a dividend of $0.55 per share, payable on 2024-04-25, with the ex-dividend date set for 2024-04-11. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's delve into Nedbank Group Ltd's dividend performance and assess its sustainability.

  • Reuters

    S.Africa's Nedbank warns of sticky bad loans, 2025 targets at risk

    JOHANNESBURG (Reuters) -South Africa's Nedbank Group, amongst the top five lenders in the country, warned on Tuesday that its bad loans would stay elevated for the rest of the year and it could miss its 2025 financial targets. But its shares were up 2.5% in early trading as profit for the six months ended June 30 jumped 11% and CEO Mike Brown projected a drop in bad loans from the first half. "Someone who has got an entry-level home, an entry-level car, they've now had to absorb the 350 basis points interest rate increases over the last 12 months," Brown said, referring to the segment of people most under pressure.