National Investment Trust Limited

Ticker code NITL Industry Investment Services The National Investment Trust Limited
C/O NICO Asset Managers Ltd
Chibisa House
19 Glyn Jones Road
P.O. Box 3173
Blantyre, Malawi
ISIN MW000A1C5MG9 Sector Financial
Initial Listing 21 March 2005 Financial Year End 30 September
Website www.nitlmw.com Results Released Half-yearly
Five Year Dividend Summary 2010 2011 2012 2013 2014
Dividends per share (tambala) 70 95 102 150 165
Share price at financial year end (tambala) 1,300 1,600 1,750 2,770 3,600
Dividend yield 5.38% 5.94% 5.83% 5.42% 4.58%
Dividend payout ratio 70.7% 80.5% 17.9% 8.8% 10.1%
1 year dividend growth 42.86% 35.71% 7.37% 47.06% 10.00%
3 year DPS compound annual growth rate 13.37% 16.45% 17.39%
5 year DPS compound annual growth rate 18.71%
Weighted average of ordinary shares outstanding during the year 135,000,000 135,000,000 135,000,000 135,000,000 135,000,000
Ordinary shares outstanding at financial year end 135,000,000 135,000,000 135,000,000 135,000,000 135,000,000
Market capitalization (MWK ‘000s)            1,755,000            2,160,000            2,362,500            3,739,500            4,860,000