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Nickel Mines Limited Stock Dividends Overview

NIC.AX pays dividends biannually. Last paid amount was $0.0250 at Feb 19, 2024. As of today, dividend yield (TTM) is 6.13%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 6.13%
Frequency Biannually
1Y Growth 25.00%
Payout Ratio 0
Amount Per Share $0.0250
Nickel Mines Limited has not yet announced its next dividend date. Last payment date was: Feb 19, 2024.

NIC Dividend Payout History

To ensure a understanding of NIC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 02, 2024 Feb 02, 2024 Feb 19, 2024 $0.0250 3.68%
2 Aug 03, 2023 Aug 03, 2023 Aug 03, 2023 $0.0200 2.45%
3 Mar 06, 2023 Mar 06, 2023 Mar 06, 2023 $0.0200 1.96%
4 Sep 06, 2022 Sep 06, 2022 Sep 06, 2022 $0.0200 2.23%
5 Feb 02, 2022 Feb 02, 2022 Feb 02, 2022 $0.0200 1.36%
6 Sep 01, 2021 Sep 01, 2021 Sep 01, 2021 $0.0200 2.00%
7 Feb 03, 2021 Feb 03, 2021 Feb 03, 2021 $0.0200 1.53%
8 Aug 31, 2020 Sep 07, 2020 Sep 14, 2020 $0.0098 1.44%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (37.19%)

Growth potential

Decrease likely (32.25%)

NIC Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from NIC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NIC stock here.

Comparing NIC to Sector and Country

NIC.AX pays a solid dividend yield of 6.13%, which is higher than the average of the bottom 25% of dividend payers in the AU market (0.210%). NIC.AX’s dividend yield is lower than the average of the top 25% of dividend payers in the Basic Materials sector in the AU market (6.90%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of NIC.AX's dividend payments?
The amount of NIC.AX's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in NIC.AX sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from NIC.AX stock be automatically reinvested?
If NIC.AX offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy NIC.AX stock.

How often does NIC.AX pay dividend?
Nickel Mines Limited (NIC.AX) pays dividends biannually. The most recent payout was on Feb 19, 2024.

How much does NIC.AX pays per share?
The last recorder (Feb 02, 2024) dividend per share was $0.0250.

What is NIC.AX dividend growth rate?
Over the last year, Nickel Mines Limited has witnessed growth rate of 25.00% . Looking back over the past 3 years, this growth rate has been 7.72%. Furthermore, examining the past 5 years, Nickel Mines Limited has maintained an average Dividends Per Share Growth Rate of 20.49%.
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About Nickel Mines Limited

Nickel Mines Limited Nickel Industries Limited engages in nickel ore mining and nickel pig iron production operations in Singapore and Indonesia. The company holds an 80% interest in the Hengjaya Mine that covers an area of 5,983 hectares located in the Morowali Regency of Central Sulawesi; 80% interest in the Ranger Nickel project; and 70% interest in the Angel Nickel project. It also has an option to acquire a 70% interest in the Oracle Nickel project. The company ... NIC.AX Profile

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