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Novotek AB delivers solutions in the industrial IT and automation areas. The company designs, implements, deploys, and maintains its customers' systems for production management and control. It operates in Nordic, Benelux countries, Switzerland, the United Kingdom, and Ireland. The company was incorporated in 1955 and is headquartered in Malmö, Sweden.

Novotek Dividend Announcement

Novotek announced a annually dividend of kr1.65 per ordinary share which will be made payable on 2024-05-14. Ex dividend date: 2024-05-07
Novotek annual dividend for 2024 was kr1.65
Novotek annual dividend for 2023 was kr1.50
Novotek's trailing twelve-month (TTM) dividend yield is 2.75%
Novotek's payout ratio for the trailing twelve months (TTM) is 47.69%
Novotek's dividend growth over the last five years (2018-2023) was 3.71% year
Novotek's dividend growth over the last ten years (2013-2023) was 4.14% year

Novotek Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-07kr1.65annually2024-05-14
2023-05-09kr1.50annually2023-05-15
2022-05-11kr1.50annually2022-05-17
2021-05-07kr0.75annually2021-05-14
2020-05-08kr0.75annually
2019-05-09kr1.25annually2019-05-15
2018-05-11kr1.25annually2018-05-17
2017-05-09kr1.25annually2017-05-15
2016-05-10kr1.00annually
2015-05-07kr1.00annually
2014-05-08kr1.00annually
2013-05-07kr1.00annually

Novotek Dividend per year

Novotek Dividend growth

Novotek Dividend Yield

Novotek current trailing twelve-month (TTM) dividend yield is 2.75%. Interested in purchasing Novotek stock? Use our calculator to estimate your expected dividend yield:

Novotek Financial Ratios

P/E ratio17.33
PEG ratio4.00
P/B ratio3.06
ROE17.87%
Payout ratio47.69%
Current ratio1.40
Quick ratio1.39
Cash Ratio0.67

Novotek Dividend FAQ

How much is the next Novotek dividend?
Novotek's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Novotek dividend. The next Novotek dividend will be released in May.
When is Novotek dividend paid?
Novotek pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Novotek pay?
The specific amount of Novotek 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 Novotek's dividend history.
Does Novotek stock pay dividends?
Yes, Novotek 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 Novotek's dividend history.
How much dividend does Novotek pay?
Novotek paid kr1.65 in 2024, kr1.5 in 2023, kr1.5 in 2022, kr0.75 in 2021, and kr0.75 in 2020.
How often does Novotek pay dividends?
Novotek typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Novotek's dividend yield?
The current dividend yield for Novotek is 2.75%. 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 Novotek's exact dividend yield.
When does Novotek go ex dividend?
Novotek's ex-dividend date for the latest dividend was on 2024-05-07. Novotek 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 Novotek dividend paid?
Novotek pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Novotek 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 Novotek 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 Novotek dividend per share?
Novotek paid kr1.65 per share in 2024 and kr1.5 per share in 2023. The amount of dividend per share that Novotek 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 Novotek 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 Novotek 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 Novotek a dividend stock?
Yes, Novotek is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Novotek a good dividend stock?
Whether Novotek is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Novotek has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Novotek 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 Novotek pay dividends monthly?
Novotek typically pays dividends on a annually basis.
Does Novotek pay dividends quarterly?
Novotek currently pays dividends on a annually basis.
Has Novotek ever paid a dividend?
Yes, Novotek has a history of paying dividends to its shareholders. Novotek is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Novotek dividend stocks?
To buy Novotek 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 Novotek 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 Novotek pay dividends 2024?
Novotek pays dividends on a annually basis. 2024 dividend payments are in 2024-05-14. 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 Novotek increase its dividend in 2024?
Decisions regarding Novotek 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 Novotek dividend overview you can look into the above table of dividend history.
How Novotek dividend works?
The Novotek 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 Novotek's dividend process works:

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

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

3. Currency: Novotek 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 Novotek pay dividends?
Novotek typically pays dividends on a 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 Novotek pay dividends?
The general pattern is that Novotek pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Novotek dividend safe?
The safety of Novotek'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 Novotek'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 Novotek'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.