nVent Electric Dividend
Dividend criteria checks 2/6
nVent Electric is a dividend paying company with a current yield of 1.04% that is well covered by earnings. Next payment date is on 10th May, 2024 with an ex-dividend date of 25th April, 2024.
Key information
1.0%
Dividend yield
21%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | 10 May 24 |
| Ex dividend date | 25 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | US$3.42 |
| Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
nVent Electric (NYSE:NVT) Is Increasing Its Dividend To $0.19
Dec 15
nVent Electric (NYSE:NVT) Has Announced A Dividend Of $0.175
Sep 29Recent updates
Is nVent Electric (NYSE:NVT) Using Too Much Debt?
Apr 09nVent Electric: Steady Growth Anticipated, But At A Slower Pace
Mar 27Are nVent Electric plc (NYSE:NVT) Investors Paying Above The Intrinsic Value?
Mar 25Some Confidence Is Lacking In nVent Electric plc's (NYSE:NVT) P/E
Feb 26Investors Shouldn't Be Too Comfortable With nVent Electric's (NYSE:NVT) Earnings
Feb 13Results: nVent Electric plc Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 09nVent Electric: I'm Not Sure That Current Margins Are Sustainable
Jan 09Should You Investigate nVent Electric plc (NYSE:NVT) At US$58.13?
Jan 03nVent Electric (NYSE:NVT) Is Increasing Its Dividend To $0.19
Dec 15Is nVent Electric (NYSE:NVT) Using Too Much Debt?
Nov 17Are nVent Electric plc (NYSE:NVT) Investors Paying Above The Intrinsic Value?
Oct 30nVent Electric: Momentum To Continue Following What Could Be Strong Q3 Report
Oct 25nVent Looks To Power Through Softening Volumes
Oct 17nVent Electric (NYSE:NVT) Has Announced A Dividend Of $0.175
Sep 29What Does nVent Electric plc's (NYSE:NVT) Share Price Indicate?
Sep 15Here's Why nVent Electric (NYSE:NVT) Has Caught The Eye Of Investors
Aug 25nVent Electric's Q2 Earnings: Charging Ahead Or Overheating
Jul 31We Think nVent Electric (NYSE:NVT) Can Manage Its Debt With Ease
Jul 24nVent Electric (NYSE:NVT) Is Due To Pay A Dividend Of $0.175
Jul 06nVent Electric (NYSE:NVT) Is Due To Pay A Dividend Of $0.175
Jun 12nVent Electric (NYSE:NVT) Is Due To Pay A Dividend Of $0.175
May 29nVent Electric (NYSE:NVT) Is Paying Out A Dividend Of $0.175
May 15Is Now The Time To Put nVent Electric (NYSE:NVT) On Your Watchlist?
May 08Estimating The Fair Value Of nVent Electric plc (NYSE:NVT)
Apr 12Returns On Capital Are Showing Encouraging Signs At nVent Electric (NYSE:NVT)
Mar 31At US$41.15, Is It Time To Put nVent Electric plc (NYSE:NVT) On Your Watch List?
Mar 19nVent Electric (NYSE:NVT) Seems To Use Debt Quite Sensibly
Feb 11nVent Electric Q4 2022 Earnings Preview
Feb 06Here's Why nVent Electric (NYSE:NVT) Has Caught The Eye Of Investors
Jan 30nVent Electric's (NYSE:NVT) Dividend Will Be $0.175
Jan 04Calculating The Intrinsic Value Of nVent Electric plc (NYSE:NVT)
Dec 25Should You Think About Buying nVent Electric plc (NYSE:NVT) Now?
Dec 13The Return Trends At nVent Electric (NYSE:NVT) Look Promising
Nov 30We Think nVent Electric (NYSE:NVT) Can Stay On Top Of Its Debt
Nov 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, NVT has been paying a dividend for less than 10 years.
Growing Dividend: NVT's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| nVent Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NVT) | 1.0% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Electrical) | 2.0% |
| Analyst forecast in 3 Years (NVT) | 1.3% |
Notable Dividend: NVT's dividend (1.04%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: NVT's dividend (1.04%) is low compared to the top 25% of dividend payers in the US market (4.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.9%), NVT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.6%), NVT's dividend payments are well covered by cash flows.