Novus Holdings Limited engages in the packaging, printing and tissue printing and manufacturing businesses in South Africa and internationally. It operates through three segments: Printing, Packaging, and Other. The company offers gravure, heatset web offset, coldset, sheet-fed, and digital inkjet printing services. It prints books and directories, magazines, newspapers, leaflets, flyers, newsletters, textbooks, workbooks, examination papers, answer books, and retail and promotional catalogues, as well as security materials, such as ballot papers, voter registration forms, census forms, and other confidential materials. The company is also involved in the printing of wet-glue, wrap-around, and pressure sensitive labels; and manufacture and supply of flexible packaging solutions, such as boutique/retail, security, and carrier bags, as well as form, fill, and seal bags for FMCG, pet, chemical, retail, and security industries. In addition, it operates a training institution that offers a range of technical, life skills, management, leadership, and IT and systems courses and programs. The company was incorporated in 2008 and is based in Cape Town, South Africa.
Novus Dividend Announcement
• Novus announced a semi annually dividend of R50.00 per ordinary share which will be made payable on 2024-07-08. Ex dividend date: 2024-07-03
• Novus annual dividend for 2024 was R100.00
• Novus's trailing twelve-month (TTM) dividend yield is 12.87%
• Novus's payout ratio for the trailing twelve months (TTM) is 79.76%
Novus Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-03 | R50.00 | semi annually | 2024-07-08 |
| 2024-02-14 | R50.00 | semi annually | |
| 2022-02-23 | R40.00 | semi annually | 2022-02-28 |
| 2021-09-08 | R50.00 | semi annually | 2021-09-13 |
| 2019-09-11 | R30.00 | semi annually | 2019-09-16 |
| 2018-09-05 | R52.00 | semi annually | 2018-09-10 |
| 2016-08-31 | R70.00 | semi annually | 2017-09-04 |
| 2015-08-31 | R64.00 | semi annually |
Novus Dividend per year
Novus Dividend growth
Novus Dividend Yield
Novus current trailing twelve-month (TTM) dividend yield is 12.87%. Interested in purchasing Novus stock? Use our calculator to estimate your expected dividend yield:
Novus Financial Ratios
P/E ratio11.27
PEG ratio11.27
P/B ratio1.49
ROE13.05%
Payout ratio79.76%
Current ratio3.27
Quick ratio2.48
Cash Ratio1.44
Novus Dividend FAQ
How much is the next Novus dividend?
Novus's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Novus dividend. The next Novus dividend will be released in .
When is Novus dividend paid?
Novus pays dividends on a semi annually basis. The specific dates may vary each year but are generally around . 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 Novus pay?
The specific amount of Novus 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 Novus's dividend history.
Does Novus stock pay dividends?
Yes, Novus 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 Novus's dividend history.
How much dividend does Novus pay?
Novus paid R100 in 2024, R0 in 2023, R40 in 2022, R50 in 2021, and R0 in 2020.
How often does Novus pay dividends?
Novus 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 .
What is Novus's dividend yield?
The current dividend yield for Novus is 12.87%. 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 Novus's exact dividend yield.
When does Novus go ex dividend?
Novus's ex-dividend date for the latest dividend was on 2024-07-03. Novus 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 Novus dividend paid?
Novus pays dividends on a semi annually basis, typically around , but the exact dates can vary each year.
Will Novus 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 Novus 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 Novus dividend per share?
Novus paid R100 per share in 2024 and R0 per share in 2023. The amount of dividend per share that Novus 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 Novus 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 Novus 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 Novus a dividend stock?
Yes, Novus is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Novus a good dividend stock?
Whether Novus is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Novus has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Novus 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.
Other factors to consider when evaluating Novus 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 Novus pay dividends monthly?
Novus typically pays dividends on a semi annually basis.
Does Novus pay dividends quarterly?
Novus currently pays dividends on a semi annually basis.
Has Novus ever paid a dividend?
Yes, Novus has a history of paying dividends to its shareholders. Novus is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Novus dividend stocks?
To buy Novus 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 Novus 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.
Place an order: Use the brokerage's trading platform to place an order to buy Novus 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 Novus pay dividends 2024?
Novus pays dividends on a semi annually basis. 2024 dividend payments are in 2024-07-08. 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 Novus increase its dividend in 2024?
Decisions regarding Novus 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 Novus dividend overview you can look into the above table of dividend history.
How Novus dividend works?
The Novus 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 Novus's dividend process works:
1. Determination of Dividend: Novus'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, Novus 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, Novus 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 Novus 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. Determination of Dividend: Novus'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, Novus 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, Novus 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 Novus 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 Novus dividends paid?
Novus dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Novus 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, Novus distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Novus 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.
1. Record Date: Novus 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, Novus distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Novus 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 Novus pay dividends?
Novus 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 Novus pay dividends?
The general pattern is that Novus pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Novus dividend safe?
The safety of Novus'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 Novus'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 Novus'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.
To assess the safety of Novus'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 Novus'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.