Novotek Dividend
Dividend criteria checks 4/6
Novotek is a dividend paying company with a current yield of 2.52% that is well covered by earnings. Next payment date is on 14th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
2.5%
Dividend yield
53%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 14 May 24 |
| Ex dividend date | 07 May 24 |
| Dividend per share | n/a |
| Earnings per share | kr3.09 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Novotek AB (STO:NTEK B) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Mar 09
Novotek (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 10Upcoming Dividend Payment
Stability 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) | 2.5% |
| Market Bottom 25% (SE) | 1.6% |
| Market Top 25% (SE) | 4.3% |
| Industry Average (IT) | 2.2% |
| Analyst forecast in 3 Years (NTEK B) | n/a |
Notable Dividend: NTEK B's dividend (2.52%) is higher than the bottom 25% of dividend payers in the Swedish market (1.53%).
High Dividend: NTEK B's dividend (2.52%) is low compared to the top 25% of dividend payers in the Swedish market (4.33%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.3%), NTEK B's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.3%), NTEK B's dividend payments are well covered by cash flows.