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Novaturas AB engages in the tour operator and travel agency activities in the Baltic States. The company operates through Flight Packages, Sightseeing Tours by Plane, Sightseeing Tours by Coach, and Other segments. It offers summer and winter holiday packages, as well as sightseeing tours by coach and aircraft to approximately 30 destinations worldwide. The company also sells flight tickets and hotel accommodations. It offers its products through retail travel agencies and internal sales channels, as well as an e-commerce platform. The company was incorporated in 1999 and is headquartered in Kaunas, Lithuania.

Novaturas Dividend Announcement

• Novaturas announced a semi annually dividend of zł0.52 per ordinary share which will be made payable on 2018-11-01. Ex dividend date: 2018-10-11
• Novaturas's trailing twelve-month (TTM) dividend yield is -%

Novaturas Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-10-11zł0.52semi annually2018-11-01
2018-09-18zł0.77semi annually

Novaturas Dividend per year

Novaturas Dividend Yield

Novaturas current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Novaturas stock? Use our calculator to estimate your expected dividend yield:

Novaturas Financial Ratios

P/E ratio-6.74
PEG ratio-1.11
P/B ratio1.47
ROE-19.03%
Payout ratio0.00%
Current ratio0.69
Quick ratio0.69
Cash Ratio0.08

Novaturas Dividend FAQ

Does Novaturas stock pay dividends?
Novaturas does not currently pay dividends to its shareholders.
Has Novaturas ever paid a dividend?
No, Novaturas has no a history of paying dividends to its shareholders. Novaturas is not known for its dividend payments.
Why doesn't Novaturas pay dividends?
There are several potential reasons why Novaturas would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Novaturas ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Novaturas has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Novaturas a dividend aristocrat?
Novaturas is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Novaturas a dividend king?
Novaturas is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Novaturas a dividend stock?
No, Novaturas is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Novaturas stocks?
To buy Novaturas you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Novaturas stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.