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 zł3.20 per ordinary share which will be made payable on 2024-12-27. Ex dividend date: 2024-12-16
• Novita annual dividend for 2024 was zł12.40
• Novita annual dividend for 2023 was zł16.00
• Novita's trailing twelve-month (TTM) dividend yield is 11.05%
• Novita's payout ratio for the trailing twelve months (TTM) is 37.43%
Novita Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-16 | zł3.20 | semi annually | 2024-12-27 |
2024-07-25 | zł9.20 | semi annually | 2024-08-07 |
2023-12-18 | zł4.00 | semi annually | 2023-12-28 |
2023-06-30 | zł12.00 | semi annually | 2023-07-17 |
2021-12-13 | zł9.20 | semi annually | 2021-12-21 |
2021-07-06 | zł12.00 | semi annually | 2021-07-14 |
2020-11-30 | zł10.80 | semi annually | 2020-12-15 |
2020-09-24 | zł5.20 | semi annually | 2020-10-05 |
2017-07-11 | zł2.50 | semi annually | |
2015-07-09 | zł4.00 | semi annually | |
2014-06-27 | zł2.00 | semi annually | |
2014-05-28 | zł2.03 | semi annually | |
2013-07-29 | zł3.30 | semi annually | |
2012-07-27 | zł2.90 | semi annually | |
2011-07-26 | zł2.50 | semi annually | |
2010-06-15 | zł2.10 | semi annually | |
2009-07-29 | zł1.70 | semi annually |
Novita Dividend per year
Novita Dividend growth
Novita Dividend Yield
Novita current trailing twelve-month (TTM) dividend yield is 11.05%. Interested in purchasing Novita stock? Use our calculator to estimate your expected dividend yield:
Novita Financial Ratios
Novita Dividend FAQ
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.
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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.
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.
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.