Nordic Lights Group (OHEL:NORDLIG) Dividend Yield % : 1.91% (As of Jun. 21, 2024)

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What is Nordic Lights Group Dividend Yield %?

As of today (2024-06-21), the Trailing Annual Dividend Yield of Nordic Lights Group is 1.91%.

The historical rank and industry rank for Nordic Lights Group's Dividend Yield % or its related term are showing as below:

OHEL:NORDLIG' s Dividend Yield % Range Over the Past 10 Years
Min: 1.9 Med: 1.93 Max: 1.95
Current: 1.91

During the past 4 years, the highest Dividend Yield of Nordic Lights Group was 1.95%. The lowest was 1.90%. And the median was 1.93%.

OHEL:NORDLIG's Dividend Yield % is not ranked
in the Industrial Products industry.
Industry Median: 1.85 vs OHEL:NORDLIG: 1.91

Nordic Lights Group's Dividend Payout Ratio for the three months ended in Jun. 2023 was 2.40.

During the past 4 years, the highest Dividend Payout Ratio of Nordic Lights Group was 0.45. The lowest was 0.00. And the median was 0.00.

As of today (2024-06-21), the Forward Dividend Yield % of Nordic Lights Group is 1.91%.

Nordic Lights Group's Dividends per Share for the three months ended in Jun. 2023 was €0.12.

The growth rate is calculated with least square regression.

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

Nordic Lights Group Dividend Yield % Historical Data

The historical data trend for Nordic Lights Group's Dividend Yield % 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.

Nordic Lights Group Dividend Yield % Chart

Nordic Lights Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dividend Yield %

Nordic Lights Group Quarterly Data
	Dec19	Dec20	Mar21	Dec21	Mar22	Jun22	Dec22	Jun23
Dividend Yield %	Get a 7-Day Free Trial			-	-	-	-	1.95

Competitive Comparison of Nordic Lights Group's Dividend Yield %

For the Electrical Equipment & Parts subindustry, Nordic Lights Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.

Nordic Lights Group's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nordic Lights Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nordic Lights Group's Dividend Yield % falls into.

Nordic Lights Group Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Nordic Lights Group (OHEL:NORDLIG) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Nordic Lights Group Dividend Yield % Related Terms

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Nordic Lights Group (OHEL:NORDLIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordic Lights Group Corp (OHEL:NORDLIG) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bennasvagen/Pannaistentie 155, PO Box 36, Jakobstad, FIN, 68601

Website

https://www.nordiclights.com

Nordic Lights Group Corp is a premium provider of lighting solutions for heavy-duty equipment. Nordic Lights focus on providing solutions to five main end-user segments: mining, construction, forestry, agriculture, and material handling. The company derives a majority of its revenue from Europe, the Middle East, and Africa (EMEA).

Nordic Lights Group (OHEL:NORDLIG) Headlines

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