NL Industries (NL Industries) Dividend Payout Ratio

: 0.62 (As of Dec. 2023)

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NL Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.62.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NL Industries Inc is 1.62, which seems too high.

The historical rank and industry rank for NL Industries's Dividend Payout Ratio or its related term are showing as below:

NL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.35 Max: 1.74
Current: 1.62

During the past 13 years, the highest Dividend Payout Ratio of NL Industries was 1.74. The lowest was 0.32. And the median was 0.35.

NL's Dividend Payout Ratio is ranked worse than
96.15% of 519 companies
in the Business Services industry
Industry Median: 0.39 vs NL: 1.62

As of today (2024-04-24), the Dividend Yield % of NL Industries is 3.76%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NL Industries was 6.09%. The lowest was 1.06%. And the median was 3.55%.

NL Industries's Dividends per Share for the months ended in Dec. 2023 was $0.07.

During the past 3 years, the average Dividends Per Share Growth Rate was 20.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NL Industries was 107.10% per year. The lowest was -33.10% per year. And the median was -14.50% per year.

The growth rate is calculated with least square regression.

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

NL Industries Dividend Payout Ratio Historical Data

The historical data trend for NL Industries's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

NL Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.37

0.32

0.33

1.74

NL Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.65	-	0.62

Competitive Comparison

For the Security & Protection Services subindustry, NL Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

NL Industries Dividend Payout Ratio Distribution

For the Business Services industry and Industrials sector, NL Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where NL Industries's Dividend Payout Ratio falls into.

NL Industries Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

NL Industries's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.28	/	0.161
	=	1.74

NL Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.07	/	0.113
	=	0.62

NL Industries (NYSE:NL) Dividend Payout Ratio Explanation

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.

NL Industries Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of NL Industries's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

NL Industries (NL Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » NL Industries Inc (NYSE:NL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620

Website

https://www.nl-ind.com

NL Industries Inc operates in the component products industry through its majority-owned subsidiary, CompX International Inc. It manufactures engineered components that are sold to a range of industries, including recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations and vending equipment. CompX has three production facilities in the United States, through which it produces a precision ball bearing slide, security products, and ergonomic computer support systems. The company derives most of its revenue from Europe.

Executives

Kevin B Kramer	director	C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Erica A. Austin	officer: VP, Employee Benefits	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Kristin B Mccoy	officer: EVP, Tax	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Amy A. Samford	officer: Executive VP and CFO	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Gouveia Randall Colin	director	2225 W. CHANDLER BLVD.,, CHANDLER AZ 85224
Michael Shawn Simmons	officer: Executive Vice President	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Bart W Reichert	officer: Vice President, Internal Audit	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Amy E. Ruf	officer: Vice President and Controller	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Darci B Scott	officer: Vice President, Tax	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bryan A. Hanley	officer: Vice President and Treasurer	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Patty S. Brinda	officer: Vice President and Controller	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Patricia A. Kropp	officer: VP Employee Benefits	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Thomas P Stafford	director	C/O WACKENHUT CORP, 4200 WACKENHUT DRIVE #100, PALM BEACH GARDENS FL 33410-4243
Meredith W. Mendes	director	2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Powers John Read Iii	officer: VP and General Counsel	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240