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NOVATEK PJSC (MIC:NVTK) Forward Dividend Yield % : 8.66% (As of Apr. 27, 2024)


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What is NOVATEK PJSC Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of NOVATEK PJSC is 8.66%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of NOVATEK PJSC is 7.07%.

MIC:NVTK's Forward Dividend Yield % is ranked better than
82.42% of 495 companies
in the Oil & Gas industry
Industry Median: 4.21 vs MIC:NVTK: 8.66

NOVATEK PJSC's Dividends per Share for the three months ended in Jun. 2023 was ₽60.58.

During the past 12 months, NOVATEK PJSC's average Dividends Per Share Growth Rate was 84.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 45.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 44.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 23.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NOVATEK PJSC was 108.10% per year. The lowest was -33.50% per year. And the median was 30.70% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of NOVATEK PJSC's Forward Dividend Yield %

For the Oil & Gas E&P subindustry, NOVATEK PJSC's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


NOVATEK PJSC's Forward Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NOVATEK PJSC's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where NOVATEK PJSC's Forward Dividend Yield % falls into.



NOVATEK PJSC Forward Dividend Yield % Calculation

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

NOVATEK PJSC Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
RUB 44.0902024-03-262024-03-262024-04-09Cash Dividendsemi-annuallyRUB:RUB 1.000000
RUB 34.5002023-10-102023-10-102023-10-24Cash Dividendsemi-annuallyRUB:RUB 1.000000
RUB 60.5802023-05-022023-05-032023-05-19Cash Dividendsemi-annuallyRUB:RUB 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

NOVATEK PJSC's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=88.18/1239.60
=7.11 %

Current Share Price is ₽1239.60.
NOVATEK PJSC's Dividends per Share for the forward twelve months is calculated as ₽44.09 * 2 = ₽88.18.

NOVATEK PJSC's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=139.17/1239.60
=11.23 %

Current Share Price is ₽1239.60.
NOVATEK PJSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₽139.17.

* 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.


NOVATEK PJSC  (MIC:NVTK) Forward 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.


NOVATEK PJSC Forward Dividend Yield % Related Terms

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NOVATEK PJSC (MIC:NVTK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2, Udaltsova Street, Moscow, RUS, 119415
NOVATEK PJSC, or simply Novatek, is a Russian-based exploration and production company that acquires, explores for, produces, processes, and markets oil and gas. While the company is mostly focused on natural gas production, it also has exposure to oil. Its exploration and production take place in a variety of fields in central Russia. The natural gas is then processed and sold. Novatek also sells liquid hydrocarbons such as petroleum products, light hydrocarbons, LPG, and crude oil. The majority of its natural gas is sold in Russia, while the liquid hydrocarbons are sold in Russia and internationally, including China, Europe, and the United States.

NOVATEK PJSC (MIC:NVTK) Headlines

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