NXT Dividend History - Nextracker Class A Common

Currently (December 2024) Nextracker Inc. Class A Common Stock does not pay a dividend.

As of December 2024, Nextracker Class A Common (NXT) does not pay a dividend.
Top Dividend Payers in Electrical Components & Equipment
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
NXT 5,230m - -
LIGHT 2,835m 7.34% 6.62%
MRN 546m 6.10% 4.32%
SKF-B 9,008m 3.59% 4.65%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
NXT 5,230m - -
NEX 4,885m 47.6% 57.0%
LAGR-B 3,992m 13.9% 62.0%
LR 26,691m 7.23% 61.9%

NXT Dividend History

No dividends paid yet.

NXT Dividend History - FAQ

What is the Dividend Yield of NXT?

As of December 2024 NXT`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 37.29.

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

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 NXT pay dividends?

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

What is the Yield on Cost of NXT?

The 5 Year Yield-On-Cost is %. That's the effective dividend income you'd receive today if you purchased Nextracker Class A Common five years ago. It is calculated by the Rate of the last 12 Months () divided by the price 5 years ago (30.46).

What is the Payout Consistency of NXT?

NXT 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 NXT?

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 NXT have a good Dividend Yield?

NXT`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 NXT?

The next Dividend Date for NXT is unknown.

What is the Dividend Payout Ratio of NXT?

The Dividend Payout Ratio of NXT 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: NXT Outstanding Shares

What is the Trend of NXT`s Outstanding Shares?

The Outstanding Shares of Nextracker Class A Common are growing at a rate of 26.58% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 82.1%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did Nextracker Class A Common ever had a Stock Split?

No Stock Splits found.
Year Number of Shares (Mill.) Growth Rate
2020 45869200
2021 41879200 -8.7%
2022 45869200 +9.53%
2023 62108800 +35.4%
2024 149079200 +140.03%