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Novanta (Novanta) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


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What is Novanta Dividend Payout Ratio?

Novanta's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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


NOVT's Dividend Payout Ratio is not ranked *
in the Hardware industry.
Industry Median: 0.45
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-04-27), the Dividend Yield % of Novanta is 0.00%.

Novanta's Dividends per Share for the months ended in Dec. 2023 was $0.00.

The growth rate is calculated with least square regression.

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


Novanta Dividend Payout Ratio Historical Data

The historical data trend for Novanta'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.

Novanta Dividend Payout Ratio Chart

Novanta Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
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Novanta Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Novanta's Dividend Payout Ratio

For the Scientific & Technical Instruments subindustry, Novanta'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.


Novanta's Dividend Payout Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Novanta's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Novanta's Dividend Payout Ratio falls into.



Novanta Dividend Payout Ratio Calculation

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

Novanta's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0/ 2.336
=0.00

Novanta's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0.439
=0.00

* 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.


Novanta (NAS:NOVT) 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.


Novanta Dividend Payout Ratio Related Terms

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


Novanta (Novanta) Business Description

Industry
Traded in Other Exchanges
Address
125 Middlesex Turnpike, Bedford, MA, USA, 01730
Novanta Inc manufactures photonic and motion-control components for original equipment manufacturers in the medical equipment and industrial technology markets. The firm operates in three segments: photonics, vision, and precision motion. The photonics segment, which sells photonics-based products that include carbon dioxide lasers, laser scanning, super-resolution imaging lasers, and laser beam delivery items. The vision segment sells medical-grade technologies, including visualization solutions, imaging informatics products, and thermal printers contributing the majority of revenue. The precision motion segment sells optical encoders, motion control technology, and precision machined components. The firm generates the majority of its revenue from the United States and Europe.
Executives
Robert Buckley officer: Chief Financial Officer C/O GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730-1409
Matthijs Glastra officer: Group President,Laser Products C/O GSI GROUP CORPORATION, 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Brian S Young officer: Executive VP, Human Resources C/O 25 CORPORATE DRIVE, BURLINGTON MA 01803
Thomas N Secor director GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Barbara B. Hulit director C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Michele Davis Welsh officer: General Counsel C/O NOVANTA INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Solomon Darlene J. S. director 6070 PARKLAND BLVD., MAYFIELD HTS. OH 44124
Peter L Chang officer: Vice President-Corp Controller C/O GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Frank Anders Wilson director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Katherine Ann Owen director 2825 AIRVIEW BLVD., KALAMAZOO MI 49002
Maxine Lum Mauricio director 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP INC., NORWALK CT 06851
Stephen W Bershad director 66 ARROYO HONDO TRAIL, SANTA FE NM 87508
Deborah Disanzo director 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Lonny J Carpenter director 2825 AIRVIEW BOULEVARD, KALAMAZOO MI 49002
Brian Douglas King director C/O NOVANTA INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730