NTIC Northern Technologies International dividend history, payout ratio & dates
Northern Technologies International's last dividend payment of $0.07 per share was made to shareholders on record before Oct 30, 2024. The dividend payment stands at $0.28 per share annually, which equates to a dividend yield of 1.97%.
Key dates
- NTIC last dividend date: Oct 30, 2024
NTIC dividend stats
vs. Basic Materials sector
Dividend yield
NTIC has a dividend yield of 1.97% which is above the industry and its peers average but below the Basic Materials sector average. But compared to its Basic Materials sector average of 2.05%, Northern Technologies International's dividend yield is only 3.9% lower. The current dividend yield is similar to the historical average of 1.9% of the last 5 years.
Dividend history
Northern Technologies International has a dividend history dating as far as 1995, but lately the company has been paying dividends for the last seven consecutive years. According to our records NTIC has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price up by 27% from a year ago, the dividend yield marks a decrease of 21%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 30, 2024 | $0.07 | 2.19% |
| Jul 31, 2024 | $0.07 | 2.13% |
| Apr 30, 2024 | $0.07 | 1.58% |
| Jan 30, 2024 | $0.07 | 2.16% |
| Oct 31, 2023 | $0.07 | 2.24% |
| Aug 1, 2023 | $0.07 | 2.21% |
| May 2, 2023 | $0.07 | 2.48% |
| Jan 31, 2023 | $0.07 | 2.15% |
| Nov 2, 2022 | $0.07 | 2.3% |
| Aug 2, 2022 | $0.07 | 2.48% |
| May 3, 2022 | $0.07 | 2.45% |
| Feb 1, 2022 | $0.07 | 2.07% |
| Nov 2, 2021 | $0.07 | 1.62% |
| Aug 3, 2021 | $0.065 | 1.01% |
| May 4, 2021 | $0.065 | 0.86% |
| Feb 2, 2021 | $0.065 | 0.47% |
| Feb 4, 2020 | $0.065 | 1.77% |
| Nov 5, 2019 | $0.065 | 2.42% |
| Aug 6, 2019 | $0.06 | 2.8% |
| May 8, 2019 | $0.06 | 2.13% |
| Feb 5, 2019 | $0.06 | 1.83% |
| Dec 7, 2018 | $0.05 | 1.67% |
| Nov 6, 2018 | $0.06 | 1.58% |
| Aug 7, 2018 | $0.05 | 1.17% |
| May 8, 2018 | $0.05 | 1.03% |
| Feb 6, 2018 | $0.05 | 0.89% |
| Dec 7, 2017 | $0.05 | 0.49% |
Northern Technologies International dividend payout ratio
Payout ratio
NTIC has a payout ratio of 49.1% which is higher than the Basic Materials sector and the industry average but lower than its peers average. In comparison with the Basic Materials sector average of 41.8%, Northern Technologies International's payout ratio is 17% higher.
Total amount of dividends paid per financial year (from cash flow)
NTIC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ASH Ashland Global Holdings Inc | 2.01% | $1.58 | 46.5% |
| NTIC Northern Technologies International Corp | 1.96% | $0.28 | 49.1% |
| DD DuPont de Nemours Inc | 1.8% | $1.5 | 77.3% |
| IOSP Innospec Inc | 1.29% | $1.55 | 26.9% |
| WDFC Wd 40 Co | 1.25% | $3.52 | 68.8% |
| KWR Quaker Chemical Corp | 1.11% | $1.85 | 27.1% |
Frequently asked questions
Does Northern Technologies International pay a dividend?
Yes, Northern Technologies International has been paying dividends for the last seven years.
When was NTIC's last dividend?
Northern Technologies International's last regular dividend was on Oct 30, 2024 (ex-date) with the amount of $0.07 per share.
How much dividend does Northern Technologies International pay (per share)?
NTIC's annualized dividend per share is $0.28.
What is Northern Technologies International's dividend yield?
Northern Technologies International's current dividend yield is 1.97%.
How often does Northern Technologies International pay dividends?
Northern Technologies International pays four dividends per year.
What is Northern Technologies International's dividend payout ratio?
The dividend payout ratio of Northern Technologies International is 49.1%.
Does Northern Technologies International pay a good dividend?
Northern Technologies International's dividend yield is similar to the Basic Materials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.