NictusJSE:NCS 40 Forward Dividend Yield % is 6.02% as of Jul. 05, 2026. GuruFocus rates JSE:NCS with a GF Score™ of 40/100 and a GF Value™ of R1.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 575 Retail - Cyclical companies, Nictus ranks better than 84% on this metric.
As of today (2026-07-05), the Forward Annual Dividend Yield of Nictus is 6.02%.
As of today (2026-07-05), the Trailing Annual Dividend Yield of Nictus is 4.01%.
JSE:NCS's Forward Dividend Yield % is ranked better than 84% of 575
companies
in the Retail - Cyclical industry
Industry Median: 2.75
vs JSE:NCS: 6.02
During the past 12 months, Nictus's average Dividends Per Share Growth Rate was 100.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 9.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nictus was 33.40% per year. The lowest was -40.60% per year. And the median was 7.95% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
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.
JSE:NCS vs CASY, WSM, DKS: Forward Dividend Yield % Comparison
For the Specialty Retail subindustry, Nictus'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.
Nictus Forward Dividend Yield % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Nictus's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Nictus's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Nictus Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
ZAR 0.120000
2025-07-16
2025-07-18
2025-07-21
Cash Dividend
annually
ZAR:ZAR 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.
Nictus's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.12
/
2.99
=
4.01 %
Current Share Price is R2.99. Nictus's Dividends per Share for the forward twelve months is calculated as R0.12 * 1 = R0.12.
Nictus's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.12
/
2.99
=
4.01 %
Current Share Price is R2.99. Nictus's Dividends per Share for the trailing twelve months (TTM) ended in Today is R0.12.
* 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.
What does a Forward Dividend Yield % of 6.02% mean?
Nictus (JSE:NCS) has a Forward Dividend Yield % of 6.02% as of Jul. 05, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Nictus and its competitors. According to the industry distribution chart, Nictus ranks #92 out of 575 companies in the Retail - Cyclical industry, placing it in the top 16%.
Is Nictus' Forward Dividend Yield % too high?
Nictus' current Forward Dividend Yield % is 6.02%. The Retail - Cyclical industry median Forward Dividend Yield % is 2.75. Nictus' value of 6.02% is 118.9% above this industry median. Based on the distribution chart, Nictus ranks #92 out of 575 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Nictus has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nictus' Forward Dividend Yield % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nictus ranks #92 out of 575 companies for Forward Dividend Yield %. This places Nictus in the top 16% of its industry — outperforming the majority of peers. The industry median Forward Dividend Yield % is 2.75. Nictus' value of 6.02% is 118.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Retail - Cyclical company?
The median Forward Dividend Yield % among Retail - Cyclical companies is 2.75, based on 575 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nictus's current Forward Dividend Yield % of 6.02% is 118.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Nictus and its competitors. For the Retail - Cyclical industry, the median Forward Dividend Yield % is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nictus's current Forward Dividend Yield % is 6.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nictus stock overvalued right now?
Based on GuruFocus' analysis, Nictus (JSE:NCS) is currently considered Significantly Overvalued. The stock's GF Value™ is R1.09, compared to a current price of R2.99 — trading 174.3% above its estimated fair value. The current Forward Dividend Yield % is 6.02% and 118.9% above the Retail - Cyclical industry median of 2.75. Nictus' overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Nictus (JSE:NCS), the current Forward Dividend Yield % is 6.02% as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nictus (JSE:NCS) Overvalued in 2026?
Based on GuruFocus' analysis, Nictus stock appears to be overvalued.
The current stock price of R2.99 is trading 174.3% above its estimated GF Value™ of R1.09.
GuruFocus considers Nictus to be Significantly Overvalued.
Key valuation signals for JSE:NCS:
Forward Dividend Yield %: 6.02%
GF Value™: R1.09 vs. price of R2.99 (174.3% above fair value)
Industry Position: 118.9% above the Retail - Cyclical median (#92 of 575)
No single metric tells the full story. See the JSE:NCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nictus Ltd operates as a retailer of household furniture, electrical appliances, and home electronics through the Nictus Furnishers brand and a short-term insurer through the Corporate Guarantee brand. The company owns three furniture retail stores located in Makhado, Polokwane and Randburg, South Africa. It operates in two segments namely Furniture segment and Insurance segment provides short-term insurance. Majority of the revenue is derived from the retailing of furniture and other products.
40GF Score
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