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NICO Holdings (MSW:NICO) Dividend Yield % : 4.51% (As of May. 26, 2024)


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What is NICO Holdings Dividend Yield %?

As of today (2024-05-26), the Trailing Annual Dividend Yield of NICO Holdings is 4.51%.

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

MSW:NICO' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6
Current: 4.51

During the past 0 years, the highest Dividend Yield of NICO Holdings was 6.00%. The lowest was 0.00%. And the median was 0.00%.

MSW:NICO's Dividend Yield % is ranked better than
65.32% of 395 companies
in the Insurance industry
Industry Median: 3.52 vs MSW:NICO: 4.51

NICO Holdings's Dividend Payout Ratio for the six months ended in . 20 was 0.00.

As of today (2024-05-26), the Forward Dividend Yield % of NICO Holdings is 4.51%.

NICO Holdings's Dividends per Share for the six months ended in . 20 was MWK0.00.

The growth rate is calculated with least square regression.

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


NICO Holdings Dividend Yield % Historical Data

The historical data trend for NICO 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.

NICO Holdings Dividend Yield % Chart

NICO Holdings Annual Data
Trend
Dividend Yield %

NICO Holdings Semi-Annual Data
Dividend Yield %

Competitive Comparison of NICO Holdings's Dividend Yield %

For the Insurance - Diversified subindustry, NICO 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.


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

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

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



NICO Holdings Dividend Yield % Calculation

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 4.0000002024-05-152024-05-172024-05-24Cash DividendquarterlyMWK:MWK 1.000000
MWK 2.0000002023-12-202023-12-222023-12-28Cash DividendquarterlyMWK:MWK 1.000000
MWK 2.0000002023-09-202023-09-222023-10-06Cash Dividendsemi-annuallyMWK:MWK 1.000000
MWK 1.0000002023-07-192023-07-212023-07-28Cash Dividendsemi-annuallyMWK: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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=9/199.45
=4.51 %

Current Share Price is MWK199.45.
NICO Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is MWK9.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=16/199.45
=8.02 %

Current Share Price is MWK199.45.
NICO Holdings's Dividends per Share for the forward twelve months is calculated as MWK4 * 4 = MWK16.

* 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 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.


NICO Holdings Dividend Yield % Related Terms

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


NICO Holdings (MSW:NICO) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Chibisa House-19 Glyn Jones Road, PO Box 501, Blantyre, MWI
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 (MSW:NICO) Headlines

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