National Investment Dividend
Dividend criteria checks 2/6
National Investment is a dividend paying company with a current yield of 5.51% that is well covered by earnings.
Key information
5.5%
Dividend yield
44%
Payout ratio
Industry average yield | 86.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | TSh118.26 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, NICO has been paying a dividend for less than 10 years.
Growing Dividend: NICO's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
National Investment Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NICO) | 5.5% |
Market Bottom 25% (TZ) | 3.0% |
Market Top 25% (TZ) | 6.8% |
Industry Average (Capital Markets) | 86.6% |
Analyst forecast in 3 Years (NICO) | n/a |
Notable Dividend: NICO's dividend (5.51%) is higher than the bottom 25% of dividend payers in the TZ market (2.98%).
High Dividend: NICO's dividend (5.51%) is low compared to the top 25% of dividend payers in the TZ market (6.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.3%), NICO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NICO is paying a dividend but the company has no free cash flows.