As of today (2024-04-25), the Trailing Annual Dividend Yield of NL Industries is 3.62%.
Warning Sign:
NL Industries Inc stock dividend yield is close to 1-year low.
The historical rank and industry rank for NL Industries's Dividend Yield % or its related term are showing as below:
NL'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.06 Med: 3.55 Max: 6.09
Current: 3.62
During the past 13 years, the highest Dividend Yield of NL Industries was 6.09%. The lowest was 1.06%. And the median was 3.55%.
NL's Dividend Yield % is ranked better than 65.42% of 587
companies
in the Business Services industry
Industry Median: 2.93
vs NL: 3.62
NL Industries's Dividend Payout Ratio for the
three
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.
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 Industries's Dividends per Share for the
three
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 Yield % Historical Data
The historical data trend for NL Industries'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 NL Industries's Dividend Yield %
For the Security & Protection Services subindustry, NL Industries'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.
NL Industries's Dividend Yield % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, NL Industries's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where NL Industries's Dividend Yield % falls into.
NL Industries Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
NL Industries Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.080
2024-03-08
2024-03-11
2024-03-21
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.070
2023-11-30
2023-12-01
2023-12-19
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.070
2023-08-31
2023-09-01
2023-09-19
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.070
2023-06-02
2023-06-05
2023-06-20
Cash Dividend
quarterly
USD:USD 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.
NL Industries's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.29
/
7.99
=
3.63 %
Current Share Price is $7.99.
NL Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.29.
NL Industries's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.32
/
7.99
=
4.01 %
Current Share Price is $7.99.
NL Industries's Dividends per Share for the forward twelve months is calculated as $0.08 * 4 = $0.32.
* 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 NL Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
NL Industries (NL Industries) Business Description
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.
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