Novus Holdings Dividends and Buybacks
Dividend criteria checks 1/6
Novus Holdings is a dividend paying company with a current yield of 7.03%.
Key information
7.0%
Dividend yield
2.1%
Buyback Yield
| Total Shareholder Yield | 9.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R0.500 |
| Payout ratio | n/a |
Recent dividend and buyback updates
Recent updates
We Discuss Why Novus Holdings Limited's (JSE:NVS) CEO Compensation May Be Closely Reviewed
Aug 21
Novus Holdings (JSE:NVS) May Have Issues Allocating Its Capital
May 12Is Novus Holdings (JSE:NVS) Set To Make A Turnaround?
Jan 26
Here's What We Learned About The CEO Pay At Novus Holdings Limited (JSE:NVS)
Dec 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NVS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NVS has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Novus Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NVS) | 7.0% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.1% |
| Industry Average (Commercial Services) | 7.1% |
| Analyst forecast (NVS) (up to 3 years) | n/a |
Notable Dividend: NVS's dividend (7.03%) is higher than the bottom 25% of dividend payers in the ZA market (3.2%).
High Dividend: NVS's dividend (7.03%) is low compared to the top 25% of dividend payers in the ZA market (7.97%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate NVS's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (97.6%), NVS's dividend payments are not well covered by cash flows.