Nickel Industries Dividend

What is Nickel Industries's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.20%

Current Dividend Yield

Dividend Yield vs Market

Nickel Industries Dividend Yield vs Market
How does NIC dividend yield compare to the market?
SegmentDividend Yield
Company (NIC)3.2%
Market Bottom 25% (AU)2.5%
Market Top 25% (AU)6.7%
Industry Average (Metals and Mining)7.3%
Analyst forecast in 3 Years (NIC)1.8%

Notable Dividend: NIC's dividend (3.2%) is higher than the bottom 25% of dividend payers in the Australian market (2.55%).

High Dividend: NIC's dividend (3.2%) is low compared to the top 25% of dividend payers in the Australian market (6.72%).


Stability and Growth of Payments

How stable has Nickel Industries's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
6/30/20240.081
6/30/20230.0851
1/30/20230.0253.2
9/1/20220.0254.46
1/26/20220.0273.39
8/25/20210.0283.48
1/27/20210.0293.48
8/30/20200.0142.21

Stable Dividend: Whilst dividend payments have been stable, NIC has been paying a dividend for less than 10 years.

Growing Dividend: NIC's dividend payments have increased, but the company has only paid a dividend for 2 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.5%), NIC's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: NIC is paying a dividend but the company has no free cash flows.


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