Northern Technologies International (Northern Technologies International) Dividend Payout Ratio : 0.41 (As of Feb. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Northern Technologies International Dividend Payout Ratio?

Northern Technologies International's dividend payout ratio for the months ended in Feb. 2024 was 0.41.

The historical rank and industry rank for Northern Technologies International's Dividend Payout Ratio or its related term are showing as below:

NTIC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.44 Max: 0.93
Current: 0.7

During the past 13 years, the highest Dividend Payout Ratio of Northern Technologies International was 0.93. The lowest was 0.28. And the median was 0.44.

NTIC's Dividend Payout Ratio is ranked worse than
76.44% of 917 companies
in the Chemicals industry
Industry Median: 0.38 vs NTIC: 0.70

As of today (2024-04-26), the Dividend Yield % of Northern Technologies International is 1.62%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Northern Technologies International was 3.71%. The lowest was 0.38%. And the median was 1.93%.

Northern Technologies International's Dividends per Share for the months ended in Feb. 2024 was $0.07.

During the past 3 years, the average Dividends Per Share Growth Rate was 29.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Northern Technologies International was 31.40% per year. The lowest was -47.20% per year. And the median was 15.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Northern Technologies International Dividend Payout Ratio Historical Data

The historical data trend for Northern Technologies International's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northern Technologies International Dividend Payout Ratio Chart

Northern Technologies International Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.44

0.31

0.84

0.93

Northern Technologies International Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.75	0.64	2.33	0.78	0.41

Competitive Comparison of Northern Technologies International's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Northern Technologies International's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Northern Technologies International's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Northern Technologies International's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Northern Technologies International's Dividend Payout Ratio falls into.

Northern Technologies International Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Northern Technologies International's Dividend Payout Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Aug. 2023 )	/	EPS without NRI (A: Aug. 2023 )
	=	0.28	/	0.3
	=	0.93

Northern Technologies International's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2024 )	/	EPS without NRI (Q: Feb. 2024 )
	=	0.07	/	0.17
	=	0.41

Northern Technologies International (NAS:NTIC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Northern Technologies International Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Northern Technologies International's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Northern Technologies International (Northern Technologies International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Northern Technologies International Corp (NAS:NTIC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

4201 Woodland Road, P.O. Box 69, Circle Pines, MN, USA, 55014

Website

https://www.ntic.com

Northern Technologies International Corp, or NTIC is a United States-based firm that develops and markets environmentally beneficial products and services world-wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company.

Executives

Nancy E. Calderon	director	1285 WAKEFIELD TRAIL, RENO NV 89523
Richard Nigon	director	CEDAR POINT CAPITAL, 150 SOUTH 5TH STREET, MINNEAPOLIS MN 55402
Sarah E. Kemp	director	4201 WOODLAND ROAD, PO BOX 69, CIRCLE PINES MN 55014
Pinho Cristina Lucia Duarte	director	4201 WOODLAND ROAD, PO BOX 69, CIRCLE PINES MN 55014
Falkenhausen Konstantin Von	director	4201 WOODLAND ROAD, PO BOX 69, CIRCLE PINES MN 55014
Barbara D. Colwell	director	4201 WOODLAND ROAD, CIRCLE PINES MN 55014
G Patrick Lynch	director	4201 WOODLAND ROAD, CIRCLE PINES MN 55014
Pierre Chenu	director	118B AVENUE W CHURCHILL, PO BOX 15, BRUSSELS C9 1180
Mark J Stone	director	689 5TH AVENUE, 14TH FLOOR, NEW YORK NY 10022
Inter Alia Holding Co	10 percent owner
Juliane I Lynch	10 percent owner	23205 MERCANTILE ROAD, BEACHWOOD OH 44122
Koh Soo Keong	director	4201 WOODLAND ROAD, POST OFFICE BOX 69, CIRCLE PINES MN 55014
Tilman Bernhard Frank	director	4201 WOODLAND ROAD, POST OFFICE BOX 69, CIRCLE PINES MN 55014
Sunggyu Lee	director	4912 MCKENNA CT, COLUMBIA MO 65203
Ramani Narayan	director	4275 CONIFER CIRCLE, OKEMOS MI 48864