nVent Electric's latest quarterly dividend of $0.19 per share was on Jul 19, 2024 (ex-date). At an annualized rate of $0.75 per share, the stock yields 1.06%.
nVent Electric's dividend yield of 1.06% is higher than the industry average but lower than the Industrials sector average. In comparison with the Industrials sector average of 1.41%, nVent Electric's dividend yield is 25% lower. The current dividend yield is lower than the historical average of 2.2% of the last 5 years.
nVent Electric has a history of paying dividends since 2018. Our records of NVT show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 6% since twelve months ago. However with the price of the stock up by 33% from a year ago, the dividend yield has a decrease of 20%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jul 19, 2024 | Aug 2, 2024 | May 17, 2024 | $0.19 | normal |
| Apr 25, 2024 | May 10, 2024 | Feb 19, 2024 | $0.19 | normal |
| Jan 18, 2024 | Feb 2, 2024 | Dec 12, 2023 | $0.19 | normal |
| Oct 19, 2023 | Nov 3, 2023 | Sep 26, 2023 | $0.175 | normal |
| Jul 20, 2023 | Aug 4, 2023 | May 12, 2023 | $0.175 | normal |
| Apr 27, 2023 | May 12, 2023 | Feb 28, 2023 | $0.175 | normal |
| Jan 19, 2023 | Feb 3, 2023 | Dec 13, 2022 | $0.175 | normal |
| Oct 20, 2022 | Nov 4, 2022 | Sep 27, 2022 | $0.175 | normal |
| Jul 21, 2022 | Aug 5, 2022 | May 13, 2022 | $0.175 | normal |
| Apr 21, 2022 | May 6, 2022 | Feb 21, 2022 | $0.175 | normal |
| Jan 20, 2022 | Feb 4, 2022 | Dec 13, 2021 | $0.175 | normal |
| Oct 21, 2021 | Nov 5, 2021 | Sep 27, 2021 | $0.175 | normal |
| Jul 22, 2021 | Aug 6, 2021 | May 13, 2021 | $0.175 | normal |
| Apr 22, 2021 | May 7, 2021 | Feb 22, 2021 | $0.175 | normal |
| Jan 21, 2021 | Feb 5, 2021 | Dec 14, 2020 | $0.175 | normal |
| Oct 22, 2020 | Nov 6, 2020 | Sep 28, 2020 | $0.175 | normal |
| Jul 23, 2020 | Aug 7, 2020 | May 14, 2020 | $0.175 | normal |
| Apr 23, 2020 | May 8, 2020 | Feb 25, 2020 | $0.175 | normal |
| Jan 23, 2020 | Feb 7, 2020 | Dec 10, 2019 | $0.175 | normal |
| Oct 17, 2019 | Nov 1, 2019 | Sep 24, 2019 | $0.175 | normal |
| Jul 18, 2019 | Aug 2, 2019 | May 10, 2019 | $0.175 | normal |
| Apr 17, 2019 | May 3, 2019 | Feb 19, 2019 | $0.175 | normal |
| Jan 24, 2019 | Feb 8, 2019 | Dec 11, 2018 | $0.175 | normal |
| Oct 18, 2018 | Nov 2, 2018 | Sep 18, 2018 | $0.175 | normal |
| Aug 2, 2018 | Aug 17, 2018 | Jul 23, 2018 | $0.175 | normal |
nVent Electric's payout ratio of 21.3% is below the Industrials sector and the industry average. Compared to its Industrials sector average of 32.7%, nVent Electric's payout ratio is 35% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TEL TE Connectivity Ltd | 1.55% | $2.42 | 22% |
| NVT nVent Electric plc | 1.06% | $0.75 | 21.3% |
Yes, nVent Electric has paid four dividends in the last twelve months. NVT has been paying dividends since 2018.
At this point we don't have a record of NVT's next dividend date, but based on the current dividend schedule we project that it will likely be in October 2024.
nVent Electric's last dividend ex-date was on Jul 19, 2024. The dividend amount was $0.19 per share.
On an annual basis NVT pays $0.75 per share.
Currently nVent Electric's dividend yield is 1.06%.
nVent Electric pays four dividends per year.
The dividend payout ratio of nVent Electric is 21.3%.
nVent Electric's dividend yield is lower than the Industrials sector average.