Dividend Yield: 4.6%

nib holdings reported a significant increase in net income to A$185.6 million for the full year ending June 30, 2024, up from A$114.4 million the previous year. The company declared a full-year dividend of 29 cents per share, representing a payout ratio of 75.7%. Despite this growth, nib's dividend history has been volatile and less reliable over the past decade. The incoming CEO may influence future strategies impacting dividends further.

• Click here and access our complete dividend analysis report to understand the dynamics of nib holdings.

• The valuation report we've compiled suggests that nib holdings' current price could be quite moderate.

Ricegrowers

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Ricegrowers Limited, with a market cap of A$558.10 million, operates as a rice food company serving markets in Australia, New Zealand, the Pacific Islands, the Middle East, the United States, and internationally.

Operations: Ricegrowers Limited generates revenue from several segments, including Riviana (A$222.01 million), Cop Rice (A$252.75 million), Rice Food (A$121.03 million), Rice Pool (A$498.11 million), Corporate Segment (A$45.79 million), and International Rice (A$894.03 million).

Dividend Yield: 6.4%

Ricegrowers Limited reported full-year earnings of A$63.14 million, up from A$52.55 million the previous year, with sales reaching A$1.87 billion. The company declared a regular dividend of A$0.40 and a special dividend of A$0.05 per share in July 2024, covered by earnings and cash flows with payout ratios of 56.4% and 44%, respectively. Despite a strong recent performance, its dividend history has been volatile over the past nine years.

• Delve into the full analysis dividend report here for a deeper understanding of Ricegrowers.

• Insights from our recent valuation report point to the potential undervaluation of Ricegrowers shares in the market.

Next Steps

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:ALD ASX:NHF and ASX:SGLLV.

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