NortonLifeLock Inc. (NLOK) Dividends
Dividend Yield and Dividend History Highlights
NLOK Price Forecast Based on Dividend Discount Model
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For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding NortonLifeLock Inc, the DDM model generated by StockNews estimates a return of positive 108.5% in comparison to its current price. Digging deeper, the aspects of NortonLifeLock Inc's dividend discount model that we found most interesting were:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Technology sector, the expected return of 108.5%, based on the stock's current share price and target price based on a dividend discount model, is greater than 91.34% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, NortonLifeLock Inc bears a discount rate, according to our calculations, lower than 91.34% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- In terms of who is growing the amount of dividends they return to shareholders, NLOK boasts a higher growth rate in terms of its annual cash distributed to its owners than just 1.99% of the dividend issuers in our set.
- As other dividend issuers in the Technology sector, NortonLifeLock Inc has an equity discount rate lower than 92.91% of them.
NLOK Dividend Chart
NLOK Dividend History
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NLOK Dividends vs. Peers
NLOK's dividend yield currently ranks #32 of 37 vs. its peers in the Software - Security category.