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National Investment Trust (XMAU:NIT) Dividend Yield % : 5.45% (As of May. 26, 2024)


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What is National Investment Trust Dividend Yield %?

As of today (2024-05-26), the Trailing Annual Dividend Yield of National Investment Trust is 5.45%.

Good Sign:

National Investment Trust Ltd stock dividend yield is close to 10-year high.

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

XMAU:NIT' s Dividend Yield % Range Over the Past 10 Years
Min: 2   Med: 3.59   Max: 5.45
Current: 5.45

During the past 13 years, the highest Dividend Yield of National Investment Trust was 5.45%. The lowest was 2.00%. And the median was 3.59%.

XMAU:NIT's Dividend Yield % is ranked better than
53.87% of 1216 companies
in the Asset Management industry
Industry Median: 5.535 vs XMAU:NIT: 5.45

National Investment Trust's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of National Investment Trust was 2.64. The lowest was 0.06. And the median was 0.52.

As of today (2024-05-26), the Forward Dividend Yield % of National Investment Trust is 5.45%.

National Investment Trust's Dividends per Share for the three months ended in Mar. 2024 was MUR0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of National Investment Trust was 10.10% per year. The lowest was -14.00% per year. And the median was -1.95% per year.

The growth rate is calculated with least square regression.

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


National Investment Trust Dividend Yield % Historical Data

The historical data trend for National Investment Trust'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.

National Investment Trust Dividend Yield % Chart

National Investment Trust 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 4.23 - 2.86 2.19 3.06

National Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.00 3.06 3.08 3.48 4.62

Competitive Comparison of National Investment Trust's Dividend Yield %

For the Asset Management subindustry, National Investment Trust'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.


National Investment Trust's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, National Investment Trust's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where National Investment Trust's Dividend Yield % falls into.



National Investment Trust Dividend Yield % Calculation

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

National Investment Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
MUR 0.6000002024-01-052024-01-092024-01-26Cash DividendannuallyMUR:MUR 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.

National Investment Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.6/11.00
=5.45 %

Current Share Price is MUR11.00.
National Investment Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is MUR0.6.

National Investment Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.6/11.00
=5.45 %

Current Share Price is MUR11.00.
National Investment Trust's Dividends per Share for the forward twelve months is calculated as MUR0.6 * 1 = MUR0.6.

* 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.


National Investment Trust  (XMAU:NIT) 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.


National Investment Trust Dividend Yield % Related Terms

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


National Investment Trust (XMAU:NIT) Business Description

Traded in Other Exchanges
N/A
Address
Sir William Newton Street, Level 8, Newton Tower, Port Louis, MUS, 11328
National Investment Trust Ltd is a closed-end fund. It invests in shares and securities in both the local and international markets. The investment objective of the NIT Local Equity Fund is to produce both income and capital growth from a diversified portfolio of domestic securities. The company has eight Funds under namely, the NIT Local Equity Fund, NIT Global Opportunities Fund, NIT North America Fund, NIT Europe Fund, NIT Emerging Markets Fund, NIT Global Healthcare Fund, NIT Global Bond Fund and the NIT Global Value.

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