Novotek Dividend
Dividend criteria checks 4/6
Novotek is a dividend paying company with a current yield of 2.8% that is well covered by earnings.
Key information
2.8%
Dividend yield
48%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.650 |
| Earnings per share | €3.46 |
| Future Dividend Yield | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Z9D's dividend payments have been volatile in the past 10 years.
Growing Dividend: Z9D's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Novotek Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (Z9D) | 2.8% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (IT) | 3.2% |
| Analyst forecast (Z9D) (up to 3 years) | n/a |
Notable Dividend: Z9D's dividend (2.8%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: Z9D's dividend (2.8%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), Z9D's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), Z9D's dividend payments are well covered by cash flows.