Operations: Nick Scali Limited generates its revenue primarily through the retailing of furniture, amounting to A$450.45 million.

Dividend Yield: 5%

Nick Scali's recent follow-on equity offerings totaling A$60 million might raise concerns about shareholder dilution, despite no substantial insider selling in the last quarter. Trading at 42.4% below its fair value and with a lower-than-average dividend yield of 5.02%, it may not appeal to those seeking top-tier yields. However, its dividends are sustainable, supported by a payout ratio of 67.9% from earnings and 45.2% from cash flows, showing good coverage and stability over the past decade with consistent growth in dividend payments.

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

• According our valuation report, there's an indication that Nick Scali's share price might be on the cheaper side.

NRW Holdings

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

Overview: NRW Holdings Limited operates as a diversified contractor offering services to the resources and infrastructure sectors in Australia, with a market capitalization of approximately A$1.36 billion.

Operations: NRW Holdings Limited generates its revenue primarily from three segments: Mining (A$1.49 billion), MET (A$739.07 million), and Civil (A$593.62 million).

Dividend Yield: 4.9%

NRW Holdings has a mixed record for dividend stability, with volatile payments over the past decade. Despite this, dividends are reasonably covered by both earnings and cash flows, with payout ratios of 74% and 68.6% respectively. The company's stock trades at a significant discount to estimated fair value and has seen earnings growth of 15.8% annually over the past five years, with future earnings expected to grow by 14.28% per year. However, its dividend yield of 4.87% is lower than many top Australian dividend payers.

• Click here to discover the nuances of NRW Holdings with our detailed analytical dividend report.

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

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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:LAUASX:NCK and

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