NIB Holdings (ASX:NHF) Dividend Payout Ratio

: 0.70 (As of Dec. 2023)

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NIB Holdings's dividend payout ratio for the months ended in Dec. 2023 was 0.70.

The historical rank and industry rank for NIB Holdings's Dividend Payout Ratio or its related term are showing as below:

ASX:NHF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.65 Max: 1.16
Current: 0.66

During the past 13 years, the highest Dividend Payout Ratio of NIB Holdings was 1.16. The lowest was 0.40. And the median was 0.65.

ASX:NHF's Dividend Payout Ratio is ranked worse than
78.47% of 288 companies
in the Insurance industry
Industry Median: 0.37 vs ASX:NHF: 0.66

As of today (2024-04-23), the Dividend Yield % of NIB Holdings is 3.97%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NIB Holdings was 5.53%. The lowest was 1.75%. And the median was 3.17%.

NIB Holdings's Dividends per Share for the 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.

NIB Holdings Dividend Payout Ratio Historical Data

The historical data trend for NIB Holdings's Dividend Payout Ratio 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.

* Premium members only.

NIB Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.64

1.16

0.40

0.85

0.60

NIB Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.79	0.93	0.56	0.63	0.70

Competitive Comparison

For the Insurance - Specialty subindustry, NIB Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Insurance industry and Financial Services sector, NIB Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where NIB Holdings's Dividend Payout Ratio falls into.

NIB Holdings Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

NIB Holdings's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.24	/	0.403
	=	0.60

NIB Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.15	/	0.215
	=	0.70

NIB Holdings (ASX:NHF) Dividend Payout Ratio Explanation

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 Dividend Payout Ratio Related Terms

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NIB Holdings (ASX:NHF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NIB Holdings Ltd (ASX:NHF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

3GU:Germany

Address

22 Honeysuckle Drive, Newcastle, NSW, AUS, 2300

Website

https://www.nib.com.au

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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