Nl Industries's last quarterly dividend of $0.07 per share was on Mar 6, 2023 (ex-date). The annualized dividend payment of $0.28 per share represents a current dividend yield of 4.89%.
NL has a dividend yield of 4.89% which is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.55%, Nl Industries's dividend yield is 215% higher.
Nl Industries has a dividend history dating as far as 1996, but when it comes to recent years the company has recorded three consecutive years of dividend payments. Our records of NL show that the company has issued five dividends in the last twelve months. This includes four regular and one special dividends. The annualized DPS has grown by 12% since one year ago. And with the stock price down by 36% from a year ago, the dividend yield has grown by 75%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 6, 2023 | Mar 23, 2023 | Feb 23, 2023 | $0.07 | normal |
| Nov 30, 2022 | Dec 20, 2022 | Oct 27, 2022 | $0.07 | normal |
| Aug 31, 2022 | Sep 20, 2022 | Aug 3, 2022 | $0.07 | normal |
| Aug 19, 2022 | Aug 31, 2022 | Aug 10, 2022 | $0.35 | special |
| Jun 3, 2022 | Jun 21, 2022 | May 19, 2022 | $0.07 | normal |
| Mar 11, 2022 | Mar 24, 2022 | Mar 2, 2022 | $0.07 | normal |
| Dec 1, 2021 | Dec 21, 2021 | Oct 28, 2021 | $0.06 | normal |
| Sep 1, 2021 | Sep 21, 2021 | Aug 4, 2021 | $0.06 | normal |
| Jun 4, 2021 | Jun 22, 2021 | May 20, 2021 | $0.06 | normal |
| Mar 12, 2021 | Mar 25, 2021 | Mar 3, 2021 | $0.06 | normal |
| Nov 30, 2020 | Dec 15, 2020 | Oct 29, 2020 | $0.04 | normal |
| Aug 31, 2020 | Sep 15, 2020 | Aug 5, 2020 | $0.04 | normal |
| Jun 8, 2020 | Jun 23, 2020 | May 21, 2020 | $0.04 | normal |
| Mar 2, 2020 | Mar 17, 2020 | Feb 19, 2020 | $0.04 | normal |
NL has a payout ratio of 164.7% which is higher than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 27.9%, Nl Industries's payout ratio is 490% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KRO Kronos Worldwide Inc | 8.62% | $0.76 | 281.5% |
| CIX Compx International Inc | 5.14% | $1 | 56.2% |
| NL Nl Industries Inc | 4.77% | $0.28 | 164.7% |
| HUN Huntsman CORP | 3.42% | $0.88 | 42.5% |
| EML Eastern Co | 2.69% | $0.44 | N/A |
| VHI Valhi Inc | 2.44% | $0.32 | 22.9% |
| TKR Timken Co | 1.61% | $1.26 | 22.3% |
| ALLE Allegion plc | 1.54% | $1.68 | 30.3% |
Yes, Nl Industries has paid five dividends in the last 12 months. NL has been paying dividends since 2020.
NL's next dividend is scheduled on Jun 2, 2023 (ex-date).
Nl Industries's last dividend ex-date was on Mar 6, 2023. The dividend amount was $0.07 per share.
On an annual basis NL pays $0.28 per share.
Currently Nl Industries's dividend yield is 4.89%.
Nl Industries has a quarterly dividend frequency.
Nl Industries's dividend payout ratio is 164.7%.
Nl Industries's dividend yield is above the Industrials sector average.