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Investors interested in securing Nicolet Bankshares (NASDAQ:)’ upcoming December dividend of $0.25 per share need to act quickly. To be eligible for the dividend, shares must be purchased before November 30th, considering the two-day settlement period that determines shareholder entitlement on the record date.
Nicolet Bankshares has demonstrated financial resilience, boasting a low payout ratio of just 13%. This low payout ratio is an indicator of the company’s minimal risk of dividend cuts and suggests it has ample room to maintain dividends even with its relatively short history of payouts. Additionally, the company’s earnings have seen an average increase of 2.5% annually over the past five years, which further bolsters investor confidence in the consistency of future dividends.
As investors consider adding Nicolet Bankshares to their portfolios, they are advised to stay up-to-date with the latest company announcements and seek advice from financial professionals. This approach ensures that investment decisions are made with a comprehensive understanding of the company’s performance and market position.
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