National Bank Holdings Corporation (NYSE:NBHC) will increase its dividend from last year’s comparable payment on the 13th of December to $0.29. This makes the dividend yield about the same as the industry average at 2.6%.
See our latest analysis for National Bank Holdings
National Bank Holdings’ Payment Expected To Have Solid Earnings Coverage
We like to see a healthy dividend yield, but that is only helpful to us if the payment can continue.
Having distributed dividends for at least 10 years, National Bank Holdings has a long history of paying out a part of its earnings to shareholders. Based on National Bank Holdings’ last earnings report, the payout ratio is at a decent 35%, meaning that the company is able to pay out its dividend with a bit of room to spare.
The next 3 years are set to see EPS grow by 16.2%. The future payout ratio could be 33% over that time period, according to analyst estimates, which is a good look for the…
