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Novita S.A. engages in the manufacture and sale of nonwovens worldwide. The company offers spunlace and needlepunched; medical and hygiene; shoe and clothing; geononwovens; and private label, as well as other nonwovens, such as leathercraft and loudspeaker under the Unitex brand name. Its products are used in the personal hygiene, industrial, and household sectors, as well as in the medical, construction, and footwear industries. Novita S.A. also provides office and warehouse areas for rent. The company was incorporated in 2001 and is based in Zielona Góra, Poland. Novita S.A. is a subsidiary of Tebesa Sp. z o.o.

Novita Dividend Announcement

Novita announced a semi annually dividend of zł9.20 per ordinary share which will be made payable on 2024-08-07. Ex dividend date: 2024-07-25
Novita annual dividend for 2024 was zł9.20
Novita annual dividend for 2023 was zł16.00
Novita's trailing twelve-month (TTM) dividend yield is 11.79%
Novita's payout ratio for the trailing twelve months (TTM) is 169.62%

Novita Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-25zł9.20semi annually2024-08-07
2023-12-18zł4.00semi annually2023-12-28
2023-06-30zł12.00semi annually2023-07-17
2021-12-13zł9.20semi annually2021-12-21
2021-07-06zł12.00semi annually2021-07-14
2020-11-30zł10.80semi annually2020-12-15
2020-09-24zł5.20semi annually2020-10-05
2017-07-11zł2.50semi annually
2015-07-09zł4.00semi annually
2014-06-27zł2.00semi annually
2014-05-28zł2.03semi annually
2013-07-29zł3.30semi annually
2012-07-27zł2.90semi annually
2011-07-26zł2.50semi annually
2010-06-15zł2.10semi annually
2009-07-29zł1.70semi annually

Novita Dividend per year

Novita Dividend growth

Novita Dividend Yield

Novita current trailing twelve-month (TTM) dividend yield is 11.79%. Interested in purchasing Novita stock? Use our calculator to estimate your expected dividend yield:

Novita Financial Ratios

P/E ratio11.87
PEG ratio-25.88
P/B ratio1.96
ROE17.40%
Payout ratio169.62%
Current ratio2.31
Quick ratio1.38
Cash Ratio0.57

Novita Dividend FAQ

How much is the next Novita dividend?
Novita's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Novita dividend. The next Novita dividend will be released in June, or December.
When is Novita dividend paid?
Novita pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Novita pay?
The specific amount of Novita dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Novita's dividend history.
Does Novita stock pay dividends?
Yes, Novita does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Novita's dividend history.
How much dividend does Novita pay?
Novita paid zł9.2 in 2024, zł16.0 in 2023, zł0.0 in 2022, zł21.2 in 2021, and zł16.0 in 2020.
How often does Novita pay dividends?
Novita typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and December.
What is Novita's dividend yield?
The current dividend yield for Novita is 11.79%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Novita's exact dividend yield.
When does Novita go ex dividend?
Novita's ex-dividend date for the latest dividend was on 2024-07-25. Novita typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Novita dividend paid?
Novita pays dividends on a semi annually basis, typically around June, or December, but the exact dates can vary each year.
Will Novita increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Novita will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Novita dividend per share?
Novita paid zł9.2 per share in 2024 and zł16.0 per share in 2023. The amount of dividend per share that Novita pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Novita a dividend aristocrat?
No, 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 Novita a dividend king?
No, 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 Novita a dividend stock?
Yes, Novita is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Novita a good dividend stock?
Whether Novita is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Novita has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Novita 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.
Does Novita pay dividends monthly?
Novita typically pays dividends on a semi annually basis.
Does Novita pay dividends quarterly?
Novita currently pays dividends on a semi annually basis.
Has Novita ever paid a dividend?
Yes, Novita has a history of paying dividends to its shareholders. Novita is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Novita dividend stocks?
To buy Novita 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Novita 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.
When does Novita pay dividends 2024?
Novita pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-07. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Novita increase its dividend in 2024?
Decisions regarding Novita dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Novita dividend overview you can look into the above table of dividend history.
How Novita dividend works?
The Novita dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Novita's dividend process works:

1. Determination of Dividend: Novita'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, Novita 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, Novita 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 Novita 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.
How are Novita dividends paid?
Novita dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Novita 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, Novita distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Novita 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.
How many times does Novita pay dividends?
Novita typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Novita pay dividends?
The general pattern is that Novita pays dividends around June, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Novita dividend safe?
The safety of Novita's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Novita'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 Novita'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.