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National Interstate (National Interstate) 3-Year Dividend Growth Rate : 0.00% (As of Sep. 2016)


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What is National Interstate 3-Year Dividend Growth Rate?

National Interstate's Dividends per Share for the three months ended in Sep. 2016 was $0.14.

The historical rank and industry rank for National Interstate's 3-Year Dividend Growth Rate or its related term are showing as below:

NATL's 3-Year Dividend Growth Rate is not ranked *
in the Insurance industry.
Industry Median: 6.2
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

National Interstate's Dividend Payout Ratio for the three months ended in Sep. 2016 was 0.29. As of today, National Interstate's Dividend Yield % is 1.69%.

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


Competitive Comparison of National Interstate's 3-Year Dividend Growth Rate

For the Insurance - Property & Casualty subindustry, National Interstate's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 Interstate's 3-Year Dividend Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, National Interstate's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where National Interstate's 3-Year Dividend Growth Rate falls into.



National Interstate 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


National Interstate  (NAS:NATL) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

National Interstate's Dividend Payout Ratio for the quarter that ended in Sep. 2016 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2016 )/ EPS without NRI (Q: Sep. 2016 )
=0.14/ 0.49
=0.29

During the past 13 years, the highest Dividend Payout Ratio of National Interstate was 0.40. The lowest was 0.00. And the median was 0.00.

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

During the past 13 years, the highest Dividend Yield of National Interstate was 1.69%. The lowest was 0.00%. And the median was 0.00%.

* 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 Interstate 3-Year Dividend Growth Rate Related Terms>


National Interstate (National Interstate) Business Description

Traded in Other Exchanges
N/A
Address
National Interstate Corp was founded in 1989. The Company, together with its subsidiaries operates as an insurance holding company group that underwrites and sells traditional and alternative property and casualty insurance products to the passenger transportation, trucking and moving and storage industries, general commercial insurance to small businesses in Hawaii and Alaska and personal insurance to owners of recreational vehicles throughout the United States. It is a specialty property and casualty insurance company with a niche orientation and a focus on the transportation industry. It offers over 40 product lines in the specialty property and casualty insurance market, which it groups into four general business components, alternative risk transfer, transportation, specialty personal lines and Hawaii and Alaska based on the class of business, insureds' risk participation or geographic location. Alternative risk transfer underwrites, markets and distributes truck transportation, passenger transportation and moving and storage ART insurance products, also known as captives. Transportation underwrites commercial auto liability, general liability, physical damage, workers' compensation and motor truck cargo and related coverages for truck and passenger operators. Specialty personal lines offer coverage for campsite liability, vehicle replacement coverage and coverage for trailers, golf carts and campsite storage facilities. The Company offers its products through multiple distribution channels including independent agents and brokers, program administrators, affiliated agencies and agent internet initiatives. The Company competes with Lancer Insurance Company, RLI Corporation, Great West Casualty Company, Northland Insurance Company, Sentry Insurance, Progressive Corporation and National General Insurance, Liberty Mutual Insurance Company, First Insurance, Dongbu Insurance Company, DTRIC Insurance Company, Zurich Insurance Company, American International Group, Inc., Travelers Company, Inc.
Executives
Norman L Rosenthal director C/O ARTHUR J. GALLAGHER & CO., TWO PIERCE PLACE, ITASCA IL 60143
David W Michelson director 111 CONGRESSIONAL BLVD., SUITE 500, CARMEL IN 46032
Joseph E Consolino director 3250 INTERSTATE DRIVE, RICHFIELD OH 44286
Keith A Jensen director
Elliott Theodore H Jr director ION GEOPHYSICAL CORPORATION 2101 CITYWEST, BLDG 3, SUITE 400 HOUSTON TX 77042
Vito C Peraino director 301 EAST FOURTH STREET, CINCINNATI OH 45202
American Financial Group Inc 10 percent owner GREAT AMERICAN INSURANCE GROUP TOWER, 301 E. 4TH STREET, CINCINNATI OH 45202