As of today (2024-05-14), the Trailing Annual Dividend Yield of Namoi Cotton is 1.96%.
Good Sign:
Namoi Cotton Ltd stock dividend yield is close to 3-year high.
The historical rank and industry rank for Namoi Cotton's Dividend Yield % or its related term are showing as below:
ASX:NAM'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.66 Med: 2.05 Max: 6.48
Current: 1.96
During the past 13 years, the highest Dividend Yield of Namoi Cotton was 6.48%. The lowest was 0.66%. And the median was 2.05%.
ASX:NAM's Dividend Yield % is ranked worse than 56.61% of 1097
companies
in the Consumer Packaged Goods industry
Industry Median: 2.34
vs ASX:NAM: 1.96
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Namoi Cotton was -7.30% per year. The lowest was -34.80% per year. And the median was -14.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Namoi Cotton Dividend Yield % Historical Data
The historical data trend for Namoi Cotton's Dividend Yield % 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.
Competitive Comparison of Namoi Cotton's Dividend Yield %
For the Farm Products subindustry, Namoi Cotton's Dividend Yield %, along with its competitors' market caps and 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.
Namoi Cotton's Dividend Yield % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Namoi Cotton's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Namoi Cotton's Dividend Yield % falls into.
Namoi Cotton Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Namoi Cotton Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.010000
2024-04-23
2024-04-24
2024-05-10
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.005000
2023-10-31
2023-11-01
2023-12-01
Cash Dividend
annually
AUD:AUD 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.
Namoi Cotton's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.015
/
0.76
=
1.97 %
Current Share Price is A$0.76. Namoi Cotton's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.015.
Namoi Cotton's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.02
/
0.76
=
2.63 %
Current Share Price is A$0.76. Namoi Cotton's Dividends per Share for the forward twelve months is calculated as A$0.01 * 2 = A$0.02.
* 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.
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.
Thank you for viewing the detailed overview of Namoi Cotton's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Namoi Cotton Ltd is engaged in the processing of cotton. The company is involved in the provision of cotton ginning services to cotton farmers, the marketing of cotton seed and by-products of the ginning process and, participation in the marketing of cotton lint bales. Its operating divisions are Ginning Services and Supply Chain & Marketing. The firm generates a majority of its revenue from the Ginning services.
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