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National Industries Co KSC (KUW:NICBM) Forward Dividend Yield % : 5.56% (As of Jun. 03, 2024)


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What is National Industries Co KSC Forward Dividend Yield %?

As of today (2024-06-03), the Forward Annual Dividend Yield of National Industries Co KSC is 5.56%.

As of today (2024-06-03), the Trailing Annual Dividend Yield of National Industries Co KSC is 5.56%.

KUW:NICBM's Forward Dividend Yield % is ranked better than
80.84% of 971 companies
in the Construction industry
Industry Median: 3.15 vs KUW:NICBM: 5.56

National Industries Co KSC's Dividends per Share for the three months ended in Mar. 2024 was KWD0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of National Industries Co KSC was 18.60% per year. The lowest was -20.60% per year. And the median was -2.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of National Industries Co KSC's Forward Dividend Yield %

For the Building Products & Equipment subindustry, National Industries Co KSC's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Industries Co KSC's Forward Dividend Yield % Distribution in the Construction Industry

For the Construction industry and Industrials sector, National Industries Co KSC's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where National Industries Co KSC's Forward Dividend Yield % falls into.



National Industries Co KSC Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

National Industries Co KSC Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
KWD 0.0100002024-05-072024-05-092024-05-15Cash DividendannuallyKWD:KWD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

National Industries Co KSC's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.01/0.18
=5.56 %

Current Share Price is KWD0.18.
National Industries Co KSC's Dividends per Share for the forward twelve months is calculated as KWD0.01 * 1 = KWD0.01.

National Industries Co KSC's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.01/0.18
=5.56 %

Current Share Price is KWD0.18.
National Industries Co KSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is KWD0.01.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


National Industries Co KSC  (KUW:NICBM) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


National Industries Co KSC Forward Dividend Yield % Related Terms

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National Industries Co KSC (KUW:NICBM) Business Description

Traded in Other Exchanges
N/A
Address
Jahra Road and International Airport Road, South Shuwaikh, PO Box 3314, Safat, Kuwait City, KWT, 13034
National Industries Co KSC is a company specializing in the manufacture and marketing of building materials and infrastructure products in the State of Kuwait. The business has four business segments which include building materials and contracting services, the Oil sector, Real estate, and investments. The majority of its revenue derives from the building materials and contracting services segment.

National Industries Co KSC (KUW:NICBM) Headlines

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