Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company also provides a portfolio of bio-based and certified compostable polymer resin compounds and finished products under the Natur-Tec brand. In addition, it offers on-site and technical consulting for rust and corrosion prevention issues. The company sells its products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets through direct sales force, network of independent distributors and agents, manufacturer's sales representatives, strategic partners, and joint venture. Northern Technologies International Corporation was founded in 1970 and is headquartered in Circle Pines, Minnesota.
Northern Technologies International Dividend Announcement
• Northern Technologies International announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-11-13. Ex dividend date: 2024-10-30
• Northern Technologies International annual dividend for 2024 was $0.28
• Northern Technologies International annual dividend for 2023 was $0.28
• Northern Technologies International's trailing twelve-month (TTM) dividend yield is 2.01%
• Northern Technologies International's payout ratio for the trailing twelve months (TTM) is 48.85%
• Northern Technologies International's dividend growth over the last five years (2018-2023) was -7.79% year
Northern Technologies International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-30 | $0.07 | quarterly | 2024-11-13 |
2024-07-31 | $0.07 | quarterly | 2024-08-14 |
2024-04-30 | $0.07 | quarterly | 2024-05-15 |
2024-01-30 | $0.07 | quarterly | 2024-02-14 |
2023-10-31 | $0.07 | quarterly | 2023-11-15 |
2023-08-01 | $0.07 | quarterly | 2023-08-16 |
2023-05-02 | $0.07 | quarterly | 2023-05-17 |
2023-01-31 | $0.07 | quarterly | 2023-02-15 |
2022-11-02 | $0.07 | quarterly | 2022-11-16 |
2022-08-02 | $0.07 | quarterly | 2022-08-17 |
2022-05-03 | $0.07 | quarterly | 2022-05-18 |
2022-02-01 | $0.07 | quarterly | 2022-02-16 |
2021-11-02 | $0.07 | quarterly | 2021-11-17 |
2021-08-03 | $0.07 | quarterly | 2021-08-18 |
2021-05-04 | $0.07 | quarterly | 2021-05-19 |
2021-02-02 | $0.07 | quarterly | 2021-02-17 |
2020-02-04 | $0.07 | quarterly | 2020-02-19 |
2019-11-05 | $0.07 | quarterly | 2019-11-20 |
2019-08-06 | $0.06 | quarterly | 2019-08-21 |
2019-05-08 | $0.12 | quarterly | 2019-05-23 |
2019-02-05 | $0.12 | quarterly | 2019-02-22 |
2018-11-06 | $0.12 | quarterly | 2018-11-21 |
2018-08-07 | $0.10 | quarterly | 2018-08-22 |
2018-05-08 | $0.10 | quarterly | 2018-05-23 |
2018-02-06 | $0.10 | quarterly | 2018-02-21 |
2017-12-07 | $0.10 | quarterly | 2017-12-21 |
2004-12-01 | $0.07 | quarterly | |
2003-12-01 | $0.05 | quarterly | |
2002-12-02 | $0.09 | quarterly | 2002-12-18 |
2000-12-04 | $0.17 | quarterly | 2000-12-15 |
Northern Technologies International Dividend per year
Northern Technologies International Dividend growth
Northern Technologies International Dividend Yield
Northern Technologies International current trailing twelve-month (TTM) dividend yield is 2.01%. Interested in purchasing Northern Technologies International stock? Use our calculator to estimate your expected dividend yield:
Northern Technologies International Financial Ratios
Northern Technologies International Dividend FAQ
Other factors to consider when evaluating Northern Technologies International as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Northern Technologies International's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Northern Technologies International publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Northern Technologies International distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Northern Technologies International are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Northern Technologies International sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Northern Technologies International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Northern Technologies International declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Northern Technologies International's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Northern Technologies International's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.