Table of Contents

company-logo

Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. It offers financial intermediation services; superannuation products; managed accounts; and managed funds, as well as investor directed portfolio services. The company also provides investment wrap products for self-managed super fund (SMSF) clients; investment options, such as listed and international securities, managed account models, managed funds, term deposits, premium services, and investor rewards; insurance products; forms and disclosure documents; and resources and tools, as well as insurance, advisory, licensee, and private wealth solutions. In addition, it offers a superannuation master fund, separately managed accounts, and self-managed superannuation and non-custodial administration services; and portfolio management tools, performance tools, investment research tools, and mobile access tools. The company provides its financial services to investors and non-institutional intermediaries, including financial advisers, private clients, and high net worth firms. Netwealth Group Limited was founded in 1999 and is headquartered in Melbourne, Australia.

Netwealth Dividend Announcement

• Netwealth announced a semi annually dividend of A$0.14 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-08-26
• Netwealth annual dividend for 2024 was A$0.28
• Netwealth annual dividend for 2023 was A$0.24
• Netwealth's trailing twelve-month (TTM) dividend yield is 0.94%
• Netwealth's payout ratio for the trailing twelve months (TTM) is 79.01%
• Netwealth's dividend growth over the last five years (2018-2023) was 35.89% year

Netwealth Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-26A$0.14semi annually2024-09-26
2024-03-04A$0.14semi annually
2023-08-22A$0.13semi annually
2023-02-22A$0.11semi annually
2022-08-30A$0.10semi annually
2022-02-23A$0.10semi annually
2021-08-26A$0.10semi annually
2021-02-22A$0.09semi annually
2020-08-25A$0.08semi annually
2020-02-25A$0.07semi annually2020-03-26
2019-08-26A$0.07semi annually2019-09-26
2019-02-25A$0.06semi annually2019-03-28
2018-09-10A$0.05semi annually2018-09-27

Netwealth Dividend per year

Netwealth Dividend growth

Netwealth Dividend Yield

Netwealth current trailing twelve-month (TTM) dividend yield is 0.94%. Interested in purchasing Netwealth stock? Use our calculator to estimate your expected dividend yield:

Netwealth Financial Ratios

P/E ratio87.22
PEG ratio0.87
P/B ratio50.31
ROE60.05%
Payout ratio79.01%
Current ratio5.12
Quick ratio5.12
Cash Ratio4.11

Netwealth Dividend FAQ

Does Netwealth stock pay dividends?
Netwealth does not currently pay dividends to its shareholders.
Has Netwealth ever paid a dividend?
No, Netwealth has no a history of paying dividends to its shareholders. Netwealth is not known for its dividend payments.
Why doesn't Netwealth pay dividends?
There are several potential reasons why Netwealth would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Netwealth ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Netwealth has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Netwealth a dividend aristocrat?
Netwealth is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Netwealth a dividend king?
Netwealth is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Netwealth a dividend stock?
No, Netwealth is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Netwealth stocks?
To buy Netwealth you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Netwealth stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.