NIC Holdings Dividend
Dividend criteria checks 3/6
NIC Holdings is a dividend paying company with a current yield of 16.67% that is well covered by earnings.
Key information
16.7%
Dividend yield
50%
Payout ratio
Industry average yield | 4.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | USh1.99 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NIC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NIC's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
NIC Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NIC) | 16.7% |
Market Bottom 25% (UG) | 4.0% |
Market Top 25% (UG) | 14.5% |
Industry Average (Insurance) | 4.7% |
Analyst forecast in 3 Years (NIC) | n/a |
Notable Dividend: NIC's dividend (16.67%) is higher than the bottom 25% of dividend payers in the UG market (4.01%).
High Dividend: NIC's dividend (16.67%) is in the top 25% of dividend payers in the UG market (14.45%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.3%), NIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate NIC's cash payout ratio to determine if its dividend payments are covered by cash flows.