Does NMI Holdings (NMIH) Pay a Dividend? (2026)
Last updated July 2026
Short answer
NMI Holdings (NMIH) pays little or no dividend; like many growth-oriented companies it reinvests cash rather than paying income. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.
Does NMI Holdings (NMIH) pay a dividend?
NMI Holdings (NMIH) currently returns little or nothing as a dividend. NMIH trades at a single-digit price-to-earnings multiple and roughly book value, a discount to the private-mortgage-insurer peer average, reflecting the cyclical loss risk in the business. First-quarter 2026 revenue was a record ~$183.5 million with net income of ~$99.3 million ($1.28 per share) at about a 15 percent return on equity. Figures are approximate and drawn from Q1 2026 reporting; verify against the latest filing.
How to think about NMIH's dividend
- Yield is a snapshot: minimal today, but it moves with price and payout.
- Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like NMIH.
- Reinvest or take income: a DRIP compounds; taking the cash gives income now.
- For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.
The bottom line on the NMIH dividend
NMI Holdings (NMIH) is not an income stock; if you own it, it is for growth or total return, not the dividend. For the full picture see the NMIH guide. Walnut can show how NMIH fits your real portfolio. It is not an investment adviser.
Build a basket around NMIH with Walnut
Use NMI Holdings as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Does NMI Holdings (NMIH) pay a dividend?
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NMI Holdings (NMIH) pays little or no dividend; like many growth-stage companies it tends to reinvest cash rather than return it as income. Verify the current policy on NMIH's investor relations page.
What is NMIH's dividend yield?
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NMIH's yield is minimal or zero. Companies prioritizing growth often pay no dividend and return cash through buybacks instead, if at all.
How often does NMIH pay its dividend?
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US companies that pay dividends, like NMI Holdings if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on NMIH's investor relations page before relying on the timing.
Can I reinvest NMIH dividends?
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Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any NMIH dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.
Is NMIH a good dividend stock?
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Walnut is informational, not investment advice. NMIH is a growth or total-return name rather than an income stock. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.
Does NMIH pay a dividend?
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NMIH has historically not paid a regular common-stock dividend. It has returned capital primarily through share repurchases, so total return depends on earnings growth and buybacks rather than dividend income.
Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with NMIH's investor relations page or your broker.