SmarterDividends
NL

NLI Holdings, Inc.

NL

Industrials · Stock · quarterly payer

Forward Yield

6.60%

Annual Dividend

$0.40

Payout Ratio

175%

5-Yr Growth

17.6%

Ex-Date

Jun 4, 2026

Frequency

Quarterly

NL Dividend Safety Score

57/ 100
Grade C

Borderline

Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage175% of earnings paid out
Free-cash-flow coverage126% of free cash flow
Balance-sheet strengthDebt/equity of 0.38
Yield vs its historyYield in line with its history

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

Is NL a good dividend stock?

Mixed

NLI Holdings, Inc. (NL) pays a quarterly dividend yielding 6.60% ($0.40/yr), with 5 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 17.6% 5-yr dividend growth

Risks

  • Cut its dividend in 2020
  • Elevated payout ratio (175%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
6.60%
Payout Ratio
175%
Annual Dividend
$0.40
5-Yr Avg Growth
17.6%
Ex-Dividend Date
Jun 4, 2026
Years of Growth
5
Frequency
quarterly
Beta
0.20
Market Cap
$296.3M
P/E Ratio
5-Yr Total Return
-7%
52-Week Range
$5.04 – $8.60
Dividend Safety
C · 57/100
Ever Cut?
Yes (2020)
NL ex-dividend date & scheduleNext ex-date Jun 4, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.40 / yr per share

Per payment (quarterly)$10.00
Annual$40.00
Monthly avg$3.33