Trailing Dividend / Share
$1.21
National Bank Holdings Corporation (NBHC) Dividend History
Income profile from 2012 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.7%
Payout Ratio
42.0%
Sustainable
Dividend Streak
10 years
NBHC Dividend Income Check
Safety
42.0% payout ratio with sustainable safety profile.
Consistency
10 straight years of dividend increases.
Income Trend
Yield on cost is 3.7% and trend is rising.
NBHC Dividend Scorecard
Yield & Income
Dividend Yield2.7%
Trailing DPS$1.21
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout42.0%
Earnings SafetySustainable
FCF Payout204.2%
FCF SafetyStretched
Piotroski F-Score7/9
Growth
Growth Streak10 years
3Y CAGR8.5%
5Y CAGR8.4%
Yield on Cost (5Y)3.7%
YOC Trendrising
Total Returns
Buyback Yield0.9%
Total Shareholder Yield3.6%
1Y Total Return15.7%
5Y Total Return35.9%
Div Contribution (5Y)14.7%
Estimated $10K growth (return + dividends):
5Y ago$13,18010Y ago$26,60620Y ago$27,383
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
NBHC Income Growth Story
Dividend per share and yield on cost over time (15 years of payments)
NBHC Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
National Bank Holdings Corporation distributes 42.0% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 204.2%, rated "Stretched".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
NBHC has raised its dividend for 10 consecutive years, with a 3-year CAGR of 8.5% and 5-year CAGR of 8.4%.
Total Shareholder Returns
Beyond cash dividends, NBHC returns capital through share repurchases. The combined picture: 2.7% dividend yield, 0.9% buyback yield, 3.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.7% and is currently rising. The 5-year total return is 35.9%, with dividends contributing 14.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $26,606 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
NBHC Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$5.38
Avg/Payment$0.2690
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 29, 2026Latest | $0.3200 | — | 2.99% | Jun 15, 2026 |
| Feb 27, 2026 | $0.3200 | ↑ +3.2% | 3.08% | Mar 13, 2026 |
| Nov 28, 2025 | $0.3100 | ↑ +3.3% | 3.22% | Dec 15, 2025 |
| Aug 29, 2025 | $0.3000 | — | 3.01% | Sep 15, 2025 |
| May 30, 2025 | $0.3000 | ↑ +3.4% | 3.21% | Jun 13, 2025 |
| Feb 28, 2025 | $0.2900 | — | 2.72% | Mar 14, 2025 |
| Nov 29, 2024 | $0.2900 | ↑ +3.6% | 2.35% | Dec 13, 2024 |
| Aug 30, 2024 | $0.2800 | — | 2.51% | Sep 13, 2024 |
NBHC Dividend vs Peers
Comparable companies in the same industry
#6 yield in peer group
Div Yield
2.7%
#6 of 9
Safety
Sustainable
42.0% payout
Streak
10Y
8.4% 5Y CAGR
Total Shareholder
3.6%
#8 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| NBHCNational Bank Holdin… | $1.7B | 2.7% | 42.0% | 10 | Sustainable |
 IBCPIndependent Bank Cor… | $740M | 2.9% | 31.5% | 11 | Sustainable |
 FFINFirst Financial Bank… | $5.0B | 2.1% | 41.8% | 15 | Sustainable |
2nd  CVBFCVB Financial Corp. | $3.1B | 3.6% | 53.0% | 0 | Sustainable |
1st  SFNCSimmons First Nation… | $3.3B | 3.7% | — | 14 | Unknown |
 BOKFBOK Financial Corpor… | $8.5B | 1.7% | 25.5% | 21 | Sustainable |
 INDBIndependent Bank Cor… | $4.1B | 2.5% | 50.7% | 15 | Sustainable |
3rd  COLBColumbia Banking Sys… | $7.7B | 3.5% | 60.9% | 5 | Watch |
 BANRBanner Corporation | $2.3B | 2.9% | 34.6% | 1 | Sustainable |
NBHC Annual Dividend History (2009–2026)
18 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.64 | — | 2 | — | — | — | 2.0% |
| 2025 | $1.20 | 7.1% | 4 | $2.85 | 42.1% | 2.38x | 3.7% |
| 2024 | $1.12 | 7.7% | 4 | $3.08 | 36.4% | 2.75x | 3.4% |
| 2023 | $1.04 | 10.6% | 4 | $3.72 | 28.0% | 3.58x | 3.2% |
| 2022 | $0.94 | 8.0% | 4 | $2.18 | 43.1% | 2.32x | 2.9% |
| 2021 | $0.87 | 8.7% | 4 | $3.01 | 28.9% | 3.46x | 2.7% |
| 2020 | $0.80 | 6.7% | 4 | $2.85 | 28.1% | 3.56x | 2.5% |
| 2019 | $0.75 | 38.9% | 4 | $2.55 | 29.4% | 3.40x | 2.3% |
| 2018 | $0.54 | 58.8% | 4 | $1.96 | 27.6% | 3.63x | 1.7% |
| 2017 | $0.34 | 54.5% | 4 | $0.53 | 64.2% | 1.56x | 1.0% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
14+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
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NBHC — Frequently Asked Questions
Quick answers to the most common questions about buying NBHC stock.
How much dividend does NBHC pay per share?
National Bank Holdings Corporation (NBHC) pays a trailing 12-month dividend of $1.21 per share, with a current dividend yield of +2.7%. Payments are made Semi-Annual.
When is NBHC's next ex-dividend date?
NBHC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. NBHC typically pays dividends Semi-Annual.
Is NBHC's dividend safe?
NBHC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +42.0% and FCF payout ratio of +204.2%. The 10-year growth streak provides moderate confidence.
Is NBHC a Dividend Achiever?
Yes, National Bank Holdings Corporation is classified as a Dividend Achiever with 10 consecutive years of dividend increases. The 5-year dividend CAGR is +8.4%, demonstrating above-inflation dividend growth.
How often does NBHC pay dividends?
National Bank Holdings Corporation pays dividends Semi-Annual. The trailing 12-month total is $1.21 per share. Dividend data on this page covers 14+ years from 2012 to 2026.
How much would $10,000 invested in NBHC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in NBHC five years ago would be worth approximately $13,180 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is NBHC's yield on cost for long-term holders?
NBHC's yield on cost — the current dividend divided by the original purchase price — is +3.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.7% market yield, thanks to consistent dividend growth.