Nova Wellness Group Berhad Dividend
Dividend criteria checks 3/6
Nova Wellness Group Berhad is a dividend paying company with a current yield of 6.23% that is well covered by earnings.
Key information
6.2%
Dividend yield
66%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | RM0.038 |
| Dividend yield forecast in 3Y | 7.7% |
Recent dividend updates
Nova Wellness Group Berhad (KLSE:NOVA) Has Affirmed Its Dividend Of MYR0.0125
Nov 07
Nova Wellness Group Berhad (KLSE:NOVA) Will Pay A Dividend Of MYR0.0125
Oct 12Recent updates
Not Many Are Piling Into Nova Wellness Group Berhad (KLSE:NOVA) Just Yet
Feb 20Nova Wellness Group Berhad (KLSE:NOVA) Has Affirmed Its Dividend Of MYR0.0125
Nov 07Nova Wellness Group Berhad (KLSE:NOVA) Will Pay A Dividend Of MYR0.0125
Oct 12Nova Wellness Group Berhad (KLSE:NOVA) Is Increasing Its Dividend To MYR0.0205
Feb 23Nova Wellness Group Berhad's (KLSE:NOVA) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 25At RM0.86, Is It Time To Put Nova Wellness Group Berhad (KLSE:NOVA) On Your Watch List?
Aug 30Should You Be Adding Nova Wellness Group Berhad (KLSE:NOVA) To Your Watchlist Today?
Jul 22Nova Wellness Group Berhad's (KLSE:NOVA) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 17Are Dividend Investors Making A Mistake With Nova Wellness Group Berhad (KLSE:NOVA)?
Mar 28With EPS Growth And More, Nova Wellness Group Berhad (KLSE:NOVA) Is Interesting
Mar 10Dividend Investors: Don't Be Too Quick To Buy Nova Wellness Group Berhad (KLSE:NOVA) For Its Upcoming Dividend
Feb 20Declining Stock and Decent Financials: Is The Market Wrong About Nova Wellness Group Berhad (KLSE:NOVA)?
Feb 05
Did Nova Wellness Group Berhad's (KLSE:NOVA) Share Price Deserve to Gain 79%?
Jan 19Has Nova Wellness Group Berhad (KLSE:NOVA) Got What It Takes To Become A Multi-Bagger?
Jan 01Key Things To Watch Out For If You Are After Nova Wellness Group Berhad's (KLSE:NOVA) 1.6% Dividend
Dec 14Nova Wellness Group Berhad (KLSE:NOVA) Stock Goes Ex-Dividend In Just Four Days
Nov 26With EPS Growth And More, Nova Wellness Group Berhad (KLSE:NOVA) Is Interesting
Nov 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NOVA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NOVA's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Nova Wellness Group Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NOVA) | 6.2% |
| Market Bottom 25% (MY) | 1.8% |
| Market Top 25% (MY) | 4.5% |
| Industry Average (Personal Products) | 1.8% |
| Analyst forecast in 3 Years (NOVA) | 7.7% |
Notable Dividend: NOVA's dividend (6.23%) is higher than the bottom 25% of dividend payers in the MY market (1.78%).
High Dividend: NOVA's dividend (6.23%) is in the top 25% of dividend payers in the MY market (4.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.9%), NOVA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (113.6%), NOVA's dividend payments are not well covered by cash flows.