MU
Replying to Franco C. on $NED“275.25 now, down a bit. Holding?”
mumu@mumu_data·Neutral
@franco_cape yeah holding, dividend's been decent. depends what you paid for it really.
Nedbank Group (JSE: NED)
- Open
- R279.00
- Prev Close
- R276.86
- Day High
- R281.93
- Day Low
- R277.11
Key statistics
| Market cap | R127.9B |
|---|---|
| P/E | 14.7 |
| EPS | N/A |
| Div yield | 7.70% |
| 52W high | R318.26 |
| 52W low | R224.95 |
| Volume | 113K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 33 live member stances recorded by registered members on this page.
What the community is sayingBearish
Investors noted Nedbank Group LTD stock trading around 275.25 with minor declines today, while sentiment remains cautiously optimistic as the bank's net interest margin and balance sheet are holding up better than expected despite challenging operating conditions.
Summarized from 5 posts · updated nightly
Filter:Ask about NED
SW
SA
FR
RA
Rawssy@rawssy_links·Neutral
did some homework last night, ned's net interest margin holding up better than i expected given the rates environment
MO
Mogale K.@mogale_morning·MemberNeutral
Been reading through the latest results, balance sheet holding up reasonably well despite the headwinds.
CO
DA
JI
jim4@jim_jse4·MemberNeutral
NED's basically our biggest bank after the big four, so if you want exposure to SA banking without picking one of the massive ones, it does the job. Dividend's decent enough if rates stay up.
BA
Bayman@bayman_jse·Bearish
Good day to top up at these levels. Banks are where people park money when they're worried, and Nedbank's got the deposit base to prove it. At 280.82 I'm not selling.
FR
NI
Nico van D.@nico_the_analyst·Neutral
Pulled the latest results, balance sheet holding up ok under pressure.
MO
Mogale K.@mogale_morning·MemberNeutral
Good morning everyone. Nedbank released results showing net profit up to R16.3bn, which is what the bank actually made after all costs, and they're paying out more in dividends to shareholders. Worth reading if you're thinking about the big four banks.
BO
Boetie B.@braai_boet·Neutral
anyone else's power cut this afternoon or just me, lost my charger cable in the dark somewhere
MU
mumu@mumu_data·Bullish
Good Morning Everyone. Nedbank closed at 283.34 yesterday, which is solid ground for a bank that lends money to businesses and everyday people right across South Africa. When load-shedding hits hard, banks like this one feel the squeeze because businesses can't earn as much, but the dividend keeps coming which is why some folks hold it for that income.
MP
Mpho S.@mpho_teaches·Neutral
Does Nedbank actually pay me a dividend each month, or is it once a year?
MU
MO
JI
Replying to Nico van D. on $NED“A dividend is basically the bank handing some of its profit to anyone who owns shares, usually twice a year. Nedbank makes money from intere…”
jim4@jim_jse4·MemberNeutral
@nico_the_analyst fair point, but what happens to the dividend when loan losses spike in a recession?
EA