Nickel Industries Dividend

Dividend criteria checks 2/6

Nickel Industries is a dividend paying company with a current yield of 6.1% that is well covered by earnings.

Key information

6.1%

Dividend yield

86%

Payout ratio

Industry average yield5.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareAU$0.028
Dividend yield forecast in 3Y8.3%

Recent dividend updates

Nickel Industries (ASX:NIC) Is Due To Pay A Dividend Of $0.02

Sep 02
Nickel Industries (ASX:NIC) Is Due To Pay A Dividend Of $0.02

Nickel Mines (ASX:NIC) Is Due To Pay A Dividend Of AU$0.02

Jan 30
Nickel Mines (ASX:NIC) Is Due To Pay A Dividend Of AU$0.02

Nickel Mines (ASX:NIC) Is Increasing Its Dividend To AU$0.02

Aug 28
Nickel Mines (ASX:NIC) Is Increasing Its Dividend To AU$0.02

Recent updates

Nickel Industries Limited (ASX:NIC) Stock Rockets 27% But Many Are Still Ignoring The Company

Mar 10
Nickel Industries Limited (ASX:NIC) Stock Rockets 27% But Many Are Still Ignoring The Company

Nickel Industries Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Mar 01
Nickel Industries Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Estimating The Fair Value Of Nickel Industries Limited (ASX:NIC)

Dec 29
Estimating The Fair Value Of Nickel Industries Limited (ASX:NIC)

An Intrinsic Calculation For Nickel Industries Limited (ASX:NIC) Suggests It's 25% Undervalued

Sep 27
An Intrinsic Calculation For Nickel Industries Limited (ASX:NIC) Suggests It's 25% Undervalued

Calculating The Intrinsic Value Of Nickel Industries Limited (ASX:NIC)

Jun 15
Calculating The Intrinsic Value Of Nickel Industries Limited (ASX:NIC)

An Intrinsic Calculation For Nickel Industries Limited (ASX:NIC) Suggests It's 45% Undervalued

Jan 07
An Intrinsic Calculation For Nickel Industries Limited (ASX:NIC) Suggests It's 45% Undervalued

Does Nickel Industries (ASX:NIC) Have A Healthy Balance Sheet?

Dec 21
Does Nickel Industries (ASX:NIC) Have A Healthy Balance Sheet?

Nickel Industries (ASX:NIC) Is Due To Pay A Dividend Of $0.02

Sep 02
Nickel Industries (ASX:NIC) Is Due To Pay A Dividend Of $0.02

Nickel Mines Limited (ASX:NIC) Shares Could Be 48% Below Their Intrinsic Value Estimate

Mar 30
Nickel Mines Limited (ASX:NIC) Shares Could Be 48% Below Their Intrinsic Value Estimate

Need To Know: Analysts Are Much More Bullish On Nickel Mines Limited (ASX:NIC) Revenues

Feb 28
Need To Know: Analysts Are Much More Bullish On Nickel Mines Limited (ASX:NIC) Revenues

Nickel Mines (ASX:NIC) Is Due To Pay A Dividend Of AU$0.02

Jan 30
Nickel Mines (ASX:NIC) Is Due To Pay A Dividend Of AU$0.02

Further Upside For Nickel Mines Limited (ASX:NIC) Shares Could Introduce Price Risks After 29% Bounce

Nov 25
Further Upside For Nickel Mines Limited (ASX:NIC) Shares Could Introduce Price Risks After 29% Bounce

Is Nickel Mines (ASX:NIC) A Risky Investment?

Oct 03
Is Nickel Mines (ASX:NIC) A Risky Investment?

Nickel Mines (ASX:NIC) Is Increasing Its Dividend To AU$0.02

Aug 28
Nickel Mines (ASX:NIC) Is Increasing Its Dividend To AU$0.02

Is Nickel Mines (ASX:NIC) A Risky Investment?

Jul 02
Is Nickel Mines (ASX:NIC) A Risky Investment?

Stability and Growth of Payments

Fetching dividends data

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 4 years.


Dividend Yield vs Market

Nickel Industries Dividend Yield vs Market
How does NIC dividend yield compare to the market?
SegmentDividend Yield
Company (NIC)6.1%
Market Bottom 25% (AU)2.6%
Market Top 25% (AU)6.2%
Industry Average (Metals and Mining)5.2%
Analyst forecast in 3 Years (NIC)8.3%

Notable Dividend: NIC's dividend (6.1%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).

High Dividend: NIC's dividend (6.1%) is low compared to the top 25% of dividend payers in the Australian market (6.19%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (86%), NIC's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (2350.9%), NIC's dividend payments are not well covered by cash flows.


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