As of today (2024-04-19), the Trailing Annual Dividend Yield of Nickel Industries is 5.14%.
The historical rank and industry rank for Nickel Industries's Dividend Yield % or its related term are showing as below:
ASX:NIC'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.69 Med: 3.91 Max: 6.84
Current: 5.14
During the past 5 years, the highest Dividend Yield of Nickel Industries was 6.84%. The lowest was 0.69%. And the median was 3.91%.
ASX:NIC's Dividend Yield % is ranked better than 76.57% of 303
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:NIC: 5.14
Nickel Industries's Dividend Payout Ratio for the
six
months ended in Dec. 2023 was 0.50.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nickel Industries Ltd is 0.74, which seems too high.
During the past 5 years, the highest Dividend Payout Ratio of Nickel Industries was 0.76. The lowest was 0.13. And the median was 0.51.
Nickel Industries's Dividends per Share for the
six
months ended in Dec. 2023 was A$0.02.
During the past 12 months, Nickel Industries's average Dividends Per Share Growth Rate was -2.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 58.70% per year.
During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of Nickel Industries was 58.70% per year. The lowest was 58.70% per year. And the median was 58.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Nickel Industries Dividend Yield % Historical Data
The historical data trend for Nickel Industries'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.
Nickel Industries Annual Data
Trend
Jun19
Dec20
Dec21
Dec22
Dec23
Dividend Yield %
-
0.89
2.80
4.15
5.76
Nickel Industries Semi-Annual Data
Dec17
Dec18
Jun19
Dec19
Jun20
Dec20
Jun21
Dec21
Jun22
Dec22
Jun23
Dec23
Dividend Yield %
2.80
4.10
4.15
4.52
5.76
Competitive Comparison
For the Other Industrial Metals & Mining subindustry, Nickel Industries'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.
Nickel Industries Dividend Yield % Distribution
For the Metals & Mining industry and Basic Materials sector, Nickel Industries's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Nickel Industries's Dividend Yield % falls into.
Nickel Industries Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Nickel Industries Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.025
2024-02-02
2024-02-05
2024-02-19
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.020
2023-08-03
2023-08-04
2023-08-14
Cash Dividend
semi-annually
AUD: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.
Nickel Industries's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.045
/
0.85
=
5.29 %
Current Share Price is A$0.85.
Nickel Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.045.
Nickel Industries's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.05
/
0.85
=
5.88 %
Current Share Price is A$0.85.
Nickel Industries's Dividends per Share for the forward twelve months is calculated as A$0.025 * 2 = A$0.05.
* 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.
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.
Thank you for viewing the detailed overview of Nickel Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. It holds 80% interest in the Hengjaya Nickel and Ranger Nickel projects, both of which operate 2 line Rotary Kiln Electric Furnace (RKEF) plants producing NPI within the Indonesia Morowali Industrial Park (IMIP). Nickel Industries also holds an 80% economic interest in the Hengjaya Mineralindo Nickel Mine ('Hengjaya Mine'), a large tonnage, high-grade saprolite deposit located in the Morowali Regency of Central Sulawesi, Indonesia.
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