Northern Technologies

NASDAQ NTIC

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Northern Technologies Dividend Payout Ratio for the quarter ending February 29, 2024: 38.79%

Northern Technologies Dividend Payout Ratio is 38.79% for the quarter ending February 29, 2024, a -47.62% change year over year. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends.
  • Northern Technologies Dividend Payout Ratio for the quarter ending February 28, 2023 was 74.06%, a -66.04% change year over year.
  • Northern Technologies Dividend Payout Ratio for the quarter ending February 28, 2022 was 218.09%, a 383.71% change year over year.
  • Northern Technologies Dividend Payout Ratio for the quarter ending February 28, 2021 was 45.09%, a -86.29% change year over year.
  • Northern Technologies Dividend Payout Ratio for the quarter ending February 29, 2020 was 328.81%, a 745.51% change year over year.
NASDAQ: NTIC

Northern Technologies

CEO Mr. G. Patrick Lynch
IPO Date Sept. 13, 1993
Location United States
Headquarters 4201 Woodland Road, Circle Pines, MN, United States, 55014
Employees 224
Sector Basic Materials
Industry Specialty chemicals
Description

Northern Technologies International Corporation develops and markets rust and corrosion inhibiting solutions in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company provides a portfolio of bio-based and certified compostable polymer resin compounds and finished products under the Natur-Tec brand. In addition, it offers on-site and technical consulting for rust and corrosion prevention issues. It sells its products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets through direct sales force, network of independent distributors, agents, manufacturer's sales representatives, and strategic partners. The company was founded in 1970 and is headquartered in Circle Pines, Minnesota.

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StockViz Staff

September 20, 2024

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