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NIB Holdings (ASX:NHF) Dividend Yield % : 3.95% (As of Apr. 25, 2024)


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What is NIB Holdings Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of NIB Holdings is 3.95%.

Good Sign:

NIB Holdings Ltd stock dividend yield is close to 3-year high.

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

ASX:NHF' s Dividend Yield % Range Over the Past 10 Years
Min: 1.75   Med: 3.17   Max: 5.53
Current: 3.95

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

ASX:NHF's Dividend Yield % is ranked better than
57% of 400 companies
in the Insurance industry
Industry Median: 3.525 vs ASX:NHF: 3.95

NIB Holdings's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.70.

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.

As of today (2024-04-25), the Forward Dividend Yield % of NIB Holdings is 3.95%.

NIB Holdings's Dividends per Share for the six 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 Yield % Historical Data

The historical data trend for NIB Holdings's Dividend Yield % 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 Dividend Yield % Chart

NIB Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.74 4.99 2.15 3.39 2.84

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 Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.42 3.39 2.84 2.84 3.79

Competitive Comparison of NIB Holdings's Dividend Yield %

For the Insurance - Specialty subindustry, NIB Holdings's Dividend Yield %, along with its competitors' market caps and 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.


NIB Holdings's Dividend Yield % Distribution in the Insurance Industry

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

* The bar in red indicates where NIB Holdings's Dividend Yield % falls into.



NIB Holdings Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

NIB Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.1502024-03-072024-03-082024-04-10Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.1502023-09-042023-09-052023-10-03Cash Dividendsemi-annuallyAUD:AUD 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.

NIB Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.3/7.56
=3.97 %

Current Share Price is A$7.56.
NIB Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.3.

NIB Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.3/7.56
=3.97 %

Current Share Price is A$7.56.
NIB Holdings's Dividends per Share for the forward twelve months is calculated as A$0.15 * 2 = A$0.3.

* 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.


NIB Holdings  (ASX:NHF) Dividend Yield % Explanation

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


NIB Holdings Dividend Yield % Related Terms

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


NIB Holdings (ASX:NHF) Business Description

Traded in Other Exchanges
Address
22 Honeysuckle Drive, Newcastle, NSW, AUS, 2300
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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