During the past 12 months, NICO Holdings's average Dividends Per Share Growth Rate was 116.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 175.00% per year.
During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of NICO Holdings was 175.00% per year. The lowest was 175.00% per year. And the median was 175.00% 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.
NICO Holdings Forward Dividend Yield % Related Terms
MSW:NICO vs BRK.A, AIG, HIG: Forward Dividend Yield % Comparison
For the Insurance - Diversified subindustry, NICO 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.
NICO Holdings Forward Dividend Yield % vs Insurance Industry
For the Insurance industry and Financial Services sector, NICO Holdings's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where NICO Holdings's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
NICO Holdings Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
MWK 20.000000
2026-04-08
2026-04-10
2026-04-20
Cash Dividend
quarterly
MWK:MWK 1.000000
MWK 6.000000
2025-12-17
2025-12-19
2025-12-29
Cash Dividend
quarterly
MWK:MWK 1.000000
MWK 6.000000
2025-09-17
2025-09-19
2025-09-22
Cash Dividend
quarterly
MWK:MWK 1.000000
MWK 4.000000
2025-08-20
2025-08-22
2025-08-28
Cash Dividend
quarterly
MWK:MWK 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.
NICO Holdings's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
80
/
1600.16
=
5.00 %
Current Share Price is MWK1600.16. NICO Holdings's Dividends per Share for the forward twelve months is calculated as MWK20 * 4 = MWK80.
NICO Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
36
/
1600.16
=
2.25 %
Current Share Price is MWK1600.16. NICO Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is MWK36.
* 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 2.25% mean?
NICO Holdings (MSW:NICO) has a Forward Dividend Yield % of 2.25% as of Jun. 24, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on NICO Holdings and its competitors. According to the industry distribution chart, NICO Holdings ranks #305 out of 419 companies in the Insurance industry, placing it in the top 72.8%.
Is NICO Holdings' Forward Dividend Yield % too high?
NICO Holdings' current Forward Dividend Yield % is 2.25%. The Insurance industry median Forward Dividend Yield % is 3.38. NICO Holdings' value of 2.25% is 33.4% below this industry median. Based on the distribution chart, NICO Holdings ranks #305 out of 419 companies in the Insurance industry, which is below the industry midpoint. Overall, NICO Holdings has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NICO Holdings' Forward Dividend Yield % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, NICO Holdings ranks #305 out of 419 companies for Forward Dividend Yield %. This places NICO Holdings in the lower half of its industry. The industry median Forward Dividend Yield % is 3.38. NICO Holdings' value of 2.25% is 33.4% below 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 an Insurance company?
The median Forward Dividend Yield % among Insurance companies is 3.38, based on 419 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. NICO Holdings's current Forward Dividend Yield % of 2.25% is 33.4% below 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 NICO Holdings and its competitors. For the Insurance industry, the median Forward Dividend Yield % is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NICO Holdings's current Forward Dividend Yield % is 2.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NICO Holdings stock overvalued right now?
Based on GuruFocus' analysis, NICO Holdings (MSW:NICO) is currently considered Significantly Overvalued. The stock's GF Value™ is MWK728.26, compared to a current price of MWK1,600.16 — trading 119.7% above its estimated fair value. The current Forward Dividend Yield % is 2.25% and 33.4% below the Insurance industry median of 3.38. NICO Holdings' overall GF Score™ is 57/100 with 2 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 NICO Holdings (MSW:NICO), the current Forward Dividend Yield % is 2.25% as of Jun. 24, 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 NICO Holdings (MSW:NICO) Overvalued in 2026?
Based on GuruFocus' analysis, NICO Holdings stock appears to be overvalued.
The current stock price of MWK1,600.16 is trading 119.7% above its estimated GF Value™ of MWK728.26.
GuruFocus considers NICO Holdings to be Significantly Overvalued.
Key valuation signals for MSW:NICO:
Forward Dividend Yield %: 2.25%
GF Value™: MWK728.26 vs. price of MWK1,600.16 (119.7% above fair value)
Industry Position: 33.4% below the Insurance median (#305 of 419)
No single metric tells the full story. See the MSW:NICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NICO Holdings PLC is a Malawi-based financial service company that operates in diversified business. Its segments include Life Insurance and Pension, General Insurance business, Banking business, Investment Holding, Asset Management, and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accidents throughout Malawi, Zambia, Tanzania, and Uganda. In contrast, life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. The majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments only operate in Malawi.
57GF Score
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Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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