As of today (2024-04-25), the Forward Annual Dividend Yield of NIB Holdings is 3.97%.
As of today (2024-04-25), the Trailing Annual Dividend Yield of NIB Holdings is 3.97%.
ASX:NHF's Forward Dividend Yield % is ranked better than 53.51% of 385
companies
in the Insurance industry
Industry Median: 3.8
vs ASX:NHF: 3.97
NIB Holdings's Dividends per Share for the
six
months ended in Dec. 2023 was A$0.15.
During the past 12 months, NIB Holdings's average Dividends Per Share Growth Rate was 27.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 1.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 3.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 9.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NIB Holdings was 21.20% per year. The lowest was -10.50% per year. And the median was 10.15% 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 NIB Holdings's Forward Dividend Yield %
For the Insurance - Specialty subindustry, NIB Holdings'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.
NIB Holdings's Forward Dividend Yield % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, NIB Holdings's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where NIB Holdings's Forward Dividend Yield % falls into.
NIB Holdings Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
NIB Holdings Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.150
2024-03-07
2024-03-08
2024-04-10
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.150
2023-09-04
2023-09-05
2023-10-03
Cash Dividend
semi-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.
NIB Holdings's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.3
/
7.56
=
3.97 %
Current Share Price is A$7.56. NIB Holdings's Dividends per Share for the forward twelve months is calculated as A$0.15 * 2 = A$0.3.
NIB Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.3
/
7.56
=
3.97 %
Current Share Price is A$7.56. NIB Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.3.
* 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.
NIB Holdings Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of NIB Holdings's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
NIB Holdings is Australia's fourth-largest health fund. It is a national provider of private health insurance, life insurance, travel insurance, and related healthcare services, with a growing presence in New Zealand. Approximately 55% of the population is covered by private health insurance because of taxation benefits, shorter wait times, a choice of doctor and hospital, and cover of ancillary health services.
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