Natwest Group plc dividend history

Natwest Group plc paid $3.13bn in dividends in fiscal 2025. That was 40.7% of net income.

Dividends, buybacks and capital spending

FY2025 Q4 TTM

Buybacks (TTM): $764M
Dividends (TTM): $3.1B
Returned to shareholders: 46%; of free cash flow
Buybacks, last 3 fiscal years: $7.2B
Diluted share count: −4.6%; year over year
Total shareholder yield: 6.1%; dividends 4.9% + buybacks 1.2% of market value
Dividend payout ratio: 41%; of net income paid out

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Natwest Group plc: dividends by fiscal year, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Dividends paid	636	2,300	789	1,073	4,378	489	1,398	3,965	2,119	2,301	3,134
Share buybacks	−9	34	−115	−29	27	3	2,486	2,541	3,005	3,471	764
Dividends ÷ net income	—	—	40.6%	37.3%	90.2%	—	30.7%	89.2%	36.8%	37.4%	40.7%
Dividends ÷ free cash flow	308.1%	—	1.8%	—	—	1.3%	1.9%	—	—	137.6%	37.1%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

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Figures from Natwest Group plc's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Natwest Group plc.