NIC (EGOV) Forward Dividend Yield % : 1.06% (As of May. 06, 2024)

View and export this data going back to 1999. Start your Free Trial

What is NIC Forward Dividend Yield %?

As of today (2024-05-06), the Forward Annual Dividend Yield of NIC is 1.06%.

As of today (2024-05-06), the Trailing Annual Dividend Yield of NIC is 1.06%.

EGOV's Forward Dividend Yield % is not ranked
in the Software industry.
Industry Median: 1.98 vs EGOV: 1.06

NIC's Dividends per Share for the three months ended in Dec. 2020 was $0.09.

During the past 12 months, NIC's average Dividends Per Share Growth Rate was 12.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of NIC's Forward Dividend Yield %

For the Software - Application subindustry, NIC's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NIC's Forward Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, NIC's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where NIC's Forward Dividend Yield % falls into.

NIC Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

NIC (NAS:EGOV) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

NIC Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of NIC's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

NIC (EGOV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NIC Inc (NAS:EGOV) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

25501 West Valley Parkway, Suite 300, Olathe, KS, USA, 66061

Website

https://www.egov.com

NIC Inc is a leading provider of digital government services that help governments use technology to provide a higher level of service to businesses and citizens and increase efficiencies. The company has two operating channels: state enterprise businesses and software and services businesses. In State enterprise businesses, the company enters into long-term contracts with state and local governments to design, build and operate Internet-based, enterprise-wide portals on their behalf, the software and services businesses provide software development and payment processing services, other than outsourced portal services, to state and local governments as well as federal agencies. It generates a majority of its revenue from the State Enterprise.

Executives

Venmal (raji) Arasu	director	25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Douglas Rogers	officer: Sr VP, Business Development	25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061
Elizabeth Mccarrell Proudfit	officer: Sr VP, Marketing & Comm	25501 W. VALLEY PKWY, SUITE 300 OLATHE KS 66061
Sylvester Jr. James	director	25501 W. VALLEY PKWY, SUITE 300 OLATHE KS 66061
Elizabeth Amegan Thomas	officer: Chief of Staff	25501 W. VALLEY PKWY, SUITE 300 OLATHE KS 66061
Brian Gerald Anderson	officer: Chief Technology Officer	C/O NIC INC. 25501 WEST VALLEY PARKWAY, SUITE 300 OLATHE KS 66061
Art N Burtscher	director	C/O NOVASTAR FINANCIAL INC 8140 WARD PARKWAY, STE 300 KANSAS CITY MO 64114
Alexander C Kemper	director	C/O NIC INC., 25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Peter B Wilson	director	10540 SOUTH RIDGEVIEW ROAD OLATHE KS 66061
William M Lyons	director	225 WEST WACKER DRIVE, CHICAGO IL 60606
Charles Bradford Henry	director	25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061
Jayaprakash Vijayan	director	25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Anthony Scott	director	25501 WEST VALLEY PARKWAY, OLATHE KS 66061
Van Asselt William A.	officer: General Counsel	25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061
Harry Herington	director, officer: Chair of Board & CEO	25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061