GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NICO Holdings PLC (MSW:NICO) » Definitions » Dividend Payout Ratio

NICO Holdings (MSW:NICO) Dividend Payout Ratio : 0.03 (As of Dec. 2022)


View and export this data going back to 1990. Start your Free Trial

What is NICO Holdings Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. NICO Holdings's Dividend Payout Ratio for the months ended in Dec. 2022 was 0.03.

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

MSW:NICO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.08   Max: 0.14
Current: 0.03

During the past 3 years, the highest Dividend Payout Ratio of NICO Holdings was 0.14. The lowest was 0.03. And the median was 0.08.

MSW:NICO's Dividend Payout Ratio is ranked better than
98.39% of 311 companies
in the Insurance industry
Industry Median: 0.37 vs MSW:NICO: 0.03

As of today (2024-09-22), the Dividend Yield % of NICO Holdings is 4.03%.

During the past 3 years, the highest Trailing Annual Dividend Yield of NICO Holdings was 4.03%. The lowest was 0.29%. And the median was 0.40%.

NICO Holdings's Dividends per Share for the months ended in Dec. 2022 was MWK0.60.

During the past 12 months, NICO Holdings's average Dividends Per Share Growth Rate was -52.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

NICO Holdings Dividend Payout Ratio Historical Data

The historical data trend for NICO 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.

NICO Holdings Dividend Payout Ratio Chart

NICO Holdings Annual Data
Trend Dec20 Dec21 Dec22
Dividend Payout Ratio
- 0.14 0.03

NICO Holdings Semi-Annual Data
Dec20 Dec21 Dec22
Dividend Payout Ratio - 0.14 0.03

Competitive Comparison of NICO Holdings's Dividend Payout Ratio

For the Insurance - Diversified subindustry, NICO 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.

NICO Holdings's Dividend Payout Ratio Distribution in the Insurance Industry

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

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


NICO Holdings Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

NICO Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2022 )/ EPS without NRI (A: Dec. 2022 )
=0.6/ 19.107
=0.03

NICO Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2022 )/ EPS without NRI (Q: Dec. 2022 )
=0.6/ 19.107
=0.03

* 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 (MSW:NICO) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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 Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of NICO Holdings's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

NICO Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NICO Holdings PLC (MSW:NICO) » Definitions » Dividend Payout Ratio
Comparable Companies
Traded in Other Exchanges
N/A
Address
Chibisa House-19 Glyn Jones Road, PO Box 501, Blantyre, MWI
Website
https://www.nicomw.com
NICO Holdings PLC is a Malawi based financial service company that operates in diversified business. The company operates in segments including Life Insurance and Pension, General Insurance, Banking, Investment Holding, Asset Management and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, and road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accident throughout Malawi, Zambia, Tanzania, and Uganda. While life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. Majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments are only operated in Malawi.

NICO Holdings Headlines

No Headlines