Novotek Dividend
Dividend criteria checks 4/6
Novotek is a dividend paying company with a current yield of 2.7% that is well covered by earnings.
Key information
2.7%
Dividend yield
48%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | SEK 1.650 |
| Earnings per share | SEK 3.46 |
| Future Dividend Yield | n/a |
Recent dividend updates
Recent updates
Shareholders Will Be Pleased With The Quality of Novotek's (STO:NTEK B) Earnings
Aug 24
Novotek AB (STO:NTEK B) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Mar 09Novotek (STO:NTEK B) Could Be Struggling To Allocate Capital
Nov 17Novotek (STO:NTEK B) Might Become A Compounding Machine
Oct 18Here's What Novotek's (STO:NTEK B) Strong Returns On Capital Mean
Mar 15Investors Shouldn't Overlook The Favourable Returns On Capital At Novotek (STO:NTEK B)
Nov 17Here's What Novotek's (STO:NTEK B) Strong Returns On Capital Mean
May 31Should Novotek AB (STO:NTEK B) Be Part Of Your Dividend Portfolio?
Mar 08A Look Into Novotek's (STO:NTEK B) Impressive Returns On Capital
Feb 15
Are Strong Financial Prospects The Force That Is Driving The Momentum In Novotek AB's STO:NTEK B) Stock?
Jan 20We Think Novotek's (STO:NTEK B) Statutory Profit Might Understate Its Earnings Potential
Dec 31Novotek (STO:NTEK B) Has Gifted Shareholders With A Fantastic 205% Total Return On Their Investment
Dec 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NTEK B's dividend payments have been volatile in the past 10 years.
Growing Dividend: NTEK B's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Novotek Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NTEK B) | 2.7% |
| Market Bottom 25% (SE) | 1.6% |
| Market Top 25% (SE) | 4.5% |
| Industry Average (IT) | 2.3% |
| Analyst forecast (NTEK B) (up to 3 years) | n/a |
Notable Dividend: NTEK B's dividend (2.7%) is higher than the bottom 25% of dividend payers in the Swedish market (1.57%).
High Dividend: NTEK B's dividend (2.7%) is low compared to the top 25% of dividend payers in the Swedish market (4.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), NTEK B's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), NTEK B's dividend payments are well covered by cash flows.