GuruFocus Premium Membership

Serving Intelligent Investors Since 2004

Try It 100% FREE for 7 Days!

Free 7-day Trial

National Presto Industries - A Quality Company with an 8% Dividend Yield

April 23, 2012 | About:


Benethridge - 3 years ago
Nice article. Thanks!
Benethridge - 3 years ago
I'm curious why GuruFocus only shows a 1.4% dividend yield. Looking at their chart, it currently shows about 11%. What's up with that?
KJHValue - 3 years ago
@Benethridge Because it doesn't account for the special dividend Micah mentioned. Great in depth article Micah.
William.b.thomson premium member - 3 years ago

Great work. Thank you.
Micah Martin
Micah Martin - 3 years ago
Thanks for the kind comments. I enjoyed working on the article!

@Benethridge- Gurufocus shows the 1.4% dividend yield because that represents the regular $1 dividend that NPK pays. The special dividend from earnings, though, makes the dividend much higher.

The 11% number comes from the 2011 dividend. (The chart you are referring to has not been updated to reflect the $6 dividend paid in 2012.) In 2011, NPK paid a total dividend of $8.25 ($1 regular and $7.25 special), which is a little more than 11% right now.
ReinLudwig premium member - 3 years ago
This is a well-researched article! Thank you for your insight.
Batbeer2 premium member - 3 years ago
Congratulations !

Good work, you won the contest.... hope to see you again next round ;-)
Micah Martin
Micah Martin - 3 years ago
Thanks Batbeer2!

I thoroughly enjoy reading the quite intelligent articles you write, and appreciate the comment.

And, you can count on seeing me next round. :)
Useless33 - 3 years ago
great article. -Very well researched. Thanks.

Please leave your comment:

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)