NLI Holdings, Inc.
NLIndustrials · Stock · quarterly payer
Forward Yield
6.78%
Annual Dividend
$0.40
Payout Ratio
175%
5-Yr Growth
17.6%
Ex-Date
Jun 4, 2026
Frequency
Quarterly
Summary
As of July 2026, NLI Holdings, Inc. (NL) yields 6.78% ($0.40 per share annually), with a blended fair-value estimate of $9.69 — +64% upside, so it screens as undervalued. Dividend safety grade: C (57/100). 2 years of dividend growth.
Is NL a good dividend stock?
MixedNLI Holdings, Inc. (NL) pays a quarterly dividend yielding 6.78% ($0.40/yr), with 2 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
- 6.78%
- Payout Ratio
- 175%
- Annual Dividend
- $0.40
- 5-Yr Avg Growth
- 17.6%
- Ex-Dividend Date
- Jun 4, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.21
- Market Cap
- $280.2M
- P/E Ratio
- —
- 5-Yr Total Return
- -14%
- 52-Week Range
- $5.04 – $8.60
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
NL Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
+14%
5 Years
-14%
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?
Undervaluedmedium confidenceOur blended fair-value estimate for NLI Holdings, Inc. is $9.69 per share, versus a market price of $5.90. That implies 64% of upside — a margin of safety of about 39%.
Fair Value
$9.69
Current Price
$5.90
Upside
+64%
Margin of Safety
39%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, -$0.69 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 |
|---|---|---|---|
| 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 |
| Aug 31, 2023 | — | $0.0700 | regular |
Income Calculator
At $0.40 / yr per share
