NLI Holdings, Inc.
NLIndustrials · Stock · quarterly payer
Forward Yield
5.93%
Annual Dividend
$0.40
Payout Ratio
175%
5-Yr Growth
17.6%
Ex-Date
Sep 3, 2026
Frequency
Quarterly
Summary
As of September 2026, NLI Holdings, Inc. (NL) yields 5.93% ($0.40 per share annually), with a blended fair-value estimate of $7.42 — +10% upside, so it screens as fairly valued. Dividend safety grade: C (61/100). 2 years of dividend growth.
Is NL a good dividend stock?
Yes, with caveatsNLI Holdings, Inc. (NL) pays a quarterly dividend yielding 5.93% ($0.40/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Strong 17.6% 5-yr dividend growth
Risks
- Cut its dividend in 2020
- Elevated payout ratio (175%)
Key Data
- Dividend Yield
- 5.93%
- Payout Ratio
- 175%
- Annual Dividend
- $0.40
- 5-Yr Avg Growth
- 17.6%
- Ex-Dividend Date
- Sep 3, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.20
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- 17%
- 52-Week Range
- $5.04 – $8.60
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
NL Price — Last 12 Months
Daily close
Price Return
1 Year
+9%
3 Years
+42%
5 Years
+17%
52-Week Range
$5.04 – $8.60
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NL worth?
Fairly valuedlow confidenceOur blended fair-value estimate for NLI Holdings, Inc. is $7.42 per share, versus a market price of $6.73. That implies the stock is roughly fairly priced.
Fair Value
$7.42
Current Price
$6.73
Gap
+10%
Margin of Safety
9%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, -$0.54 EPS, $0.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NL Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 3, 2026 | — | $0.1000 | regular |
| Jun 4, 2026 | — | $0.1000 | regular |
| Mar 10, 2026 | — | $0.1000 | regular |
| Nov 21, 2025 | — | $0.0900 | regular |
| Sep 5, 2025 | — | $0.0900 | regular |
| Aug 18, 2025 | — | $0.2100 | regular |
| Jun 9, 2025 | — | $0.0900 | regular |
| Mar 11, 2025 | — | $0.0900 | regular |
| Nov 29, 2024 | — | $0.0800 | regular |
| Sep 6, 2024 | — | $0.0800 | regular |
| Aug 19, 2024 | — | $0.4300 | regular |
| Jun 10, 2024 | — | $0.0800 | regular |
| Mar 8, 2024 | — | $0.0800 | regular |
| Nov 30, 2023 | — | $0.0700 | regular |
Income Calculator
At $0.40 / yr per share
