NOVT Dividend History - Novanta

Currently (January 2025) Novanta Inc does not pay a dividend.

As of January 2025, Novanta (NOVT) does not pay a dividend.
Top Dividend Payers in Electronic Equipment & Instruments
Top Dividend Yield in Peer Group
Symbol Market Cap in USD Yield Yield on Cost
NOVT 5,298m - -
ALIV-SDB 7,284m 29.4% 48.5%
CRCT 1,192m 10.4% 4.23%
FEIM 178m 5.83% 13.3%
Top Dividend Grower in Peer Group
Symbol Market Cap in USD Grow Rating
NOVT 5,298m - -
NSSC 1,239m 42.4% 57.4%
BMI 6,311m 11.8% 61.6%
ALIV-SDB 7,284m 34.0% 93.9%

NOVT Dividend History

No dividends paid yet.

NOVT Dividend History - FAQ

What is the Dividend Yield of NOVT?

As of January 2025 NOVT`s Dividend Yield is 0.00%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of by the current stock price of 151.20.

What is the long-term Dividend Growth Rate of NOVT?

In the last 5 Years the Average Dividend Growth Rate was % per year. This shows that the dividend payments have been stable over time. It is a neutral sign, as it indicates that the dividend payments have been stable over time.

How often does NOVT pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) NOVT paid 0 times a dividend.

What is the Yield on Cost of NOVT?

The 5 Year Yield-On-Cost is %. That's the effective dividend income you'd receive today if you purchased Novanta five years ago. It is calculated by the Rate of the last 12 Months () divided by the price 5 years ago (96.48).

What is the Payout Consistency of NOVT?

NOVT has a Payout Consistency of 0.0%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of NOVT?

The Overall Dividend Rating of 0.00 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does NOVT have a good Dividend Yield?

NOVT`s 0.00% Dividend Yield is considered as: unknown.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for NOVT?

The next Dividend Date for NOVT is unknown.

What is the Dividend Payout Ratio of NOVT?

The Dividend Payout Ratio of NOVT is unknown. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: NOVT Outstanding Shares

What is the Trend of NOVT`s Outstanding Shares?

The Outstanding Shares of Novanta are shrinking at a rate of 0.00% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 0.0%.

Did Novanta ever had a Stock Split?

Yes, last Stock Split was on 2010-12-29 with a factor of 1:3. This reverse stock split decreased the number of shares and increased the price per share by a ratio of 0.33.
Year Number of Shares (Mill.) Growth Rate
2009 16000000
2010 24000000 +50%
2011 34000000 +41.67%
2012 34000000
2013 34000000
2014 34000000
2015 35000000 +2.94%
2016 35000000
2017 35000000
2018 35000000
2019 36000000 +2.86%
2020 36000000
2021 36000000
2022 36000000
2023 36000000