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NICO HoldingsMSW:NICO -0.11%61 3-Year Dividend Growth Rate is 175.00% as of Jun. 2026, which is at its 10-year median of 175.00. GuruFocus rates MSW:NICO with a GF Score™ of 61/100 and a GF Value™ of MWK666.71 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 270 Insurance companies, NICO Holdings ranks better than 99.26% on this metric.
The historical rank and industry rank for NICO Holdings's 3-Year Dividend Growth Rate or its related term are showing as below:
MSW:NICO'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 175 Med: 175 Max: 175
Current: 175
During the past 13 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.
MSW:NICO's 3-Year Dividend Growth Rate is ranked better than 99.26% of 270
companies
in the Insurance industry
Industry Median: 9.4
vs MSW:NICO: 175.00
During the past 12 months, NICO Holdings'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 175.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest Dividend Payout Ratio of NICO Holdings was 0.24. The lowest was 0.03. And the median was 0.15.
2. 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 8.050000
2026-08-19
2026-08-21
2026-08-27
Cash Dividend
quarterly
MWK:MWK 1.000000
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
* 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 Dividend Yield (%) for Today is calculated as
Current Share Price is MWK1339.47.
NICO Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is MWK34.05.
During the past 13 years, the highest Dividend Yield of NICO Holdings was 2.99%. The lowest was 0.14%. And the median was 1.03%.
Good Sign:
NICO Holdings PLC stock Dividend Yield % is close to 5-year high.
* 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.
NICO Holdings 3-Year Dividend Growth Rate Related Terms>
MSW:NICO vs BRK.A, AIG, HIG: 3-Year Dividend Growth Rate Comparison
For the Insurance - Diversified subindustry, NICO Holdings's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate vs Insurance Industry
For the Insurance industry and Financial Services sector, NICO Holdings's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where NICO Holdings's 3-Year Dividend Growth Rate falls into.
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Dividend Growth Rate of 175.00% mean?
NICO Holdings (MSW:NICO) has a 3-Year Dividend Growth Rate of 175.00% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on NICO Holdings and its competitors. This is near median its historical median of 175.00. Over the past decade, NICO Holdings' 3-Year Dividend Growth Rate has ranged from 175.00 to 175.00. According to the industry distribution chart, NICO Holdings ranks #2 out of 270 companies in the Insurance industry, placing it in the top 0.7%.
Is NICO Holdings' 3-Year Dividend Growth Rate too high?
NICO Holdings' current 3-Year Dividend Growth Rate of 175.00% is near median its 10-year median of 175.00. Over the past 10 years, this metric has ranged from a low of 175.00 to a high of 175.00. The Insurance industry median 3-Year Dividend Growth Rate is 9.40. NICO Holdings' value of 175.00% is 1761.7% above this industry median. Based on the distribution chart, NICO Holdings ranks #2 out of 270 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, NICO Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NICO Holdings' 3-Year Dividend Growth Rate compare to BRK.A and AIG?
According to the Insurance industry distribution chart, NICO Holdings ranks #2 out of 270 companies for 3-Year Dividend Growth Rate. This places NICO Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median 3-Year Dividend Growth Rate is 9.40. NICO Holdings' value of 175.00% is 1761.7% above this benchmark. Historically, NICO Holdings' own 3-Year Dividend Growth Rate has ranged from 175.00 to 175.00 over the past decade. While the company's 10-year median is 175.00 vs. the industry median of 9.40, NICO Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Insurance company?
The median 3-Year Dividend Growth Rate among Insurance companies is 9.40, based on 270 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NICO Holdings's current 3-Year Dividend Growth Rate of 175.00% is 1761.7% 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 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on NICO Holdings and its competitors. For the Insurance industry, the median 3-Year Dividend Growth Rate is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NICO Holdings's current 3-Year Dividend Growth Rate is 175.00%, which is near median its own 10-year median of 175.00. 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 MWK666.71, compared to a current price of MWK1,339.47 — trading 100.9% above its estimated fair value. The current 3-Year Dividend Growth Rate is 175.00%, which is near median its 10-year median of 175.00 and 1761.7% above the Insurance industry median of 9.40. NICO Holdings' overall GF Score™ is 61/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For NICO Holdings (MSW:NICO), the current 3-Year Dividend Growth Rate is 175.00% as of Jun. 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 MWK1,339.47 is trading 100.9% above its estimated GF Value™ of MWK666.71.
GuruFocus considers NICO Holdings to be Significantly Overvalued.
Key valuation signals for MSW:NICO:
3-Year Dividend Growth Rate: 175.00% (near median its 10-year median of 175.00)
GF Value™: MWK666.71 vs. price of MWK1,339.47 (100.9% above fair value)
Industry Position: 1761.7% above the Insurance median (#2 of 270)
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.
61GF Score
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3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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