Nickel Industries Dividends and Buybacks
Dividend criteria checks 2/6
Nickel Industries is a dividend paying company with a current yield of 5.59%.
Key information
5.6%
Dividend yield
-25.1%
Buyback Yield
| Total Shareholder Yield | -19.5% |
| Future Dividend Yield | 9.8% |
| Dividend Growth | 18.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.050 |
| Payout ratio | 139% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NIC) | 5.6% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Metals and Mining) | 5.7% |
| Analyst forecast (NIC) (up to 3 years) | 9.8% |
Notable Dividend: NIC's dividend (5.59%) is higher than the bottom 25% of dividend payers in the Australian market (2.67%).
High Dividend: NIC's dividend (5.59%) is low compared to the top 25% of dividend payers in the Australian market (5.99%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (138.8%), NIC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.4%), NIC's dividend payments are covered by cash flows.