Nova Wellness Group Berhad Dividends and Buybacks
Dividend criteria checks 2/6
Nova Wellness Group Berhad is a dividend paying company with a current yield of 2.78% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
2.8%
Dividend yield
0.08%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 3.3% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | RM 0.0125 |
| Payout ratio | 57% |
Recent dividend and buyback 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
The Returns On Capital At Nova Wellness Group Berhad (KLSE:NOVA) Don't Inspire Confidence
Sep 03Not 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 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Nova Wellness Group Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NOVA) | 2.8% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.9% |
| Industry Average (Personal Products) | 2.1% |
| Analyst forecast (NOVA) (up to 3 years) | 3.3% |
Notable Dividend: NOVA's dividend (2.78%) is higher than the bottom 25% of dividend payers in the MY market (1.92%).
High Dividend: NOVA's dividend (2.78%) is low compared to the top 25% of dividend payers in the MY market (4.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.1%), NOVA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (212.3%), NOVA's dividend payments are not well covered by cash flows.