National Instruments Corporation

NasdaqGS:NATI Stock Report

Market Cap: US$8.0b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

National Instruments Dividends and Buybacks

Dividend criteria checks 4/6

National Instruments is a dividend paying company with a current yield of 1.87% that is well covered by earnings.

Key information

1.9%

Dividend yield

0.7%

Buyback Yield

Total Shareholder Yield2.5%
Future Dividend Yield2.0%
Dividend Growth7.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio82%

Recent dividend and buyback updates

No updates

Recent updates

Seeking Alpha • Oct 09

National Instruments: Compelling Growth Play But Priced At A Premium

Summary National Instruments' mid to long-term transformation is compelling. However, operating challenges are weighing on the progress. Coupled with the rich P/E valuation, the risk/reward seems unattractive at current levels.
Seeking Alpha • Sep 13

National Instruments CFO Karen Rapp to retire

National Instruments (NASDAQ:NATI) has announced that Karen Rapp, NI’s Executive Vice President and CFO, has announced her plans to retire in May 2023. Ms. Rapp is expected to remain in her current role until a successor is in place and then will shift to a temporary advisory role to ensure a smooth transition.
Seeking Alpha • Aug 04

National Instruments goes ex dividend tomorrow

National Instruments (NASDAQ:NATI) has declared $0.28/share quarterly dividend, in line with previous. Payable Aug. 29; for shareholders of record Aug. 8; ex-div Aug. 5. See NATI Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Feb 12

National Instruments Looks Like It May Be Building Toward Something More Interesting

National Instruments delivered a better than expected fourth quarter, with surprising operating leverage despite gross margin pressure. NATI is leveraged to growth in 5G spending, particularly controversial mmWave technologies, as well as EVs and ADAS, and offers a compelling software-based platform. Improving the company's salesforce execution/efficiency is a critical must-do, as NATI's lagging operating leverage is a key potential source of value. Giving NATI at least partial credit for meaningful operating margin improvement over the next decade, combined with good revenue growth potential, suggests attractive undervaluation.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: NATI's dividends per share have been stable in the past 10 years.

Growing Dividend: NATI's dividend payments have increased over the past 10 years.

Dividend Yield vs Market

National Instruments Dividend Yield vs Market
How does NATI dividend yield compare to the market?
SegmentDividend Yield
Company (NATI)1.9%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Electronic)0.7%
Analyst forecast (NATI) (up to 3 years)2.0%

Notable Dividend: NATI's dividend (1.87%) is higher than the bottom 25% of dividend payers in the US market (1.56%).

High Dividend: NATI's dividend (1.87%) is low compared to the top 25% of dividend payers in the US market (4.79%).

Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (82.2%), NATI's payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (152.5%), NATI's dividend payments are not well covered by cash flows.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/10/12 10:26
End of Day Share Price 2023/10/10 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

National Instruments Corporation is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert MasonBaird
Paul KnightBrean Capital Historical (Janney Montgomery)
Vijay BhagavathDeutsche Bank