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Dividend Yield: 4.5%

Harvey Norman Holdings offers a dividend yield of 4.45%, which is below the top quartile of Australian dividend payers at 6.29%. Despite an unstable track record over the past decade, its dividends are sustainably covered by both earnings and cash flows, with payout ratios of 73.4% and 39.2% respectively. Earnings are expected to grow by 7.62% annually, yet profit margins have declined from last year's 26.6% to 13.4%. The stock is currently trading at a significant discount, valued at 33.5% below its estimated fair value.

• Delve into the full analysis dividend report here for a deeper understanding of Harvey Norman Holdings.

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

nib holdings

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

Overview: Nib Holdings Limited operates as a provider of private health insurance for residents, international students, and visitors in Australia and New Zealand, with a market capitalization of approximately A$3.47 billion.

Operations: Nib Holdings Limited generates revenue through several segments, including Australian Residents Health Insurance at A$2.55 billion, New Zealand Insurance at A$351.90 million, NIB Travel at A$109.10 million, International (Inbound) Health Insurance at A$173.20 million, and Nib Thrive at A$38 million.

Dividend Yield: 4.2%

nib holdings offers a dividend yield of 4.2%, below the Australian market's top quartile. Despite this, dividends are well-supported by both earnings and cash flows, with payout ratios at 67.5% and 57.9%, respectively. The company's dividend history shows variability over the last decade but has seen an overall increase in payments. Currently trading at a significant discount, nib is valued at 41.5% below estimated fair value, suggesting potential undervaluation despite its mixed dividend reliability.

• Get an in-depth perspective on nib holdings' performance by reading our dividend report here.

• Our comprehensive valuation report raises the possibility that nib holdings is priced lower than what may be justified by its financials.

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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:AX1 ASX:HVN and ASX:NHF.

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