Why You Might Be Interested In National Bank of Greece S.A. (ATH:ETE) For Its Upcoming Dividend

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see National Bank of Greece S.A. (ATH:ETE) is about to trade ex-dividend in the next 4 days. The ex-dividend date is usually set to be two business days before the record date, which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Therefore, if you purchase National Bank of Greece's shares on or after the 5th of June, you won't be eligible to receive the dividend, when it is paid on the 12th of June. The company's next dividend payment will be €0.2862 per share. Last year, in total, the company distributed €0.44 to shareholders. Based on the last year's worth of payments, National Bank of Greece stock has a trailing yield of around 3.0% on the current share price of €14.825. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to check whether the dividend payments are covered, and if earnings are growing. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Dividends are typically paid from company earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. National Bank of Greece paid out more than half (57%) of its earnings last year, which is a regular payout ratio for most companies. Generally speaking, the lower a company's payout ratios, the more resilient its dividend usually is. See our latest analysis for National Bank of Greece Click here to see the company's payout ratio, plus analyst estimates of its future dividends. ATSE:ETE Historic Dividend May 31st 2026 Have Earnings And Dividends Been Growing? Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings fall far enough, the company could be forced to cut its dividend. That's why it's comforting to see National Bank of Greece's earnings have been skyrocketing, up 24% per annum for the past five years. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. In the past two years, National Bank of Greece has increased its dividend at approximately 10% a year on average. Both per-share earnings and dividends have both been growing rapidly in recent times, which is great to see. Final Takeaway Should investors buy National Bank of Greece for the upcoming dividend? National Bank of Greece has an acceptable payout ratio and its earnings per share have been improving at a decent rate. National Bank of Greece ticks a lot of boxes for us from a dividend perspective, and we think these characteristics should mark the company as deserving of further attention. While it's tempting to invest in National Bank of Greece for the dividends alone, you should always be mindful of the risks involved. In terms of investment risks, we've identified 1 warning sign with National Bank of Greece and understanding them should be part of your investment process. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Valuation is complex, but we're here to simplify it.Discover if National Bank of Greece might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free Analysis