Novo Resources (TSX:NVO) Dividend Yield % : 0.00% (As of May. 10, 2024)

Novo Resources Dividend Yield % Chart

Novo Resources Annual Data
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Dividend Yield %		Get a 7-Day Free Trial					-	-	-	-	-

Novo Resources Quarterly Data
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Dividend Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Novo Resources's Dividend Yield %

For the Gold subindustry, Novo Resources'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.

Novo Resources's Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Novo Resources's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Novo Resources's Dividend Yield % falls into.

Novo Resources Dividend Yield % Calculation

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

Novo Resources  (TSX:NVO) 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.

Novo Resources Dividend Yield % Related Terms

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Novo Resources (TSX:NVO) Business Description