NortonLifeLock Inc. (NLOK) Dividends
Dividend Yield and Dividend History Highlights
NLOK Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $21.66 | $57.21 | 108.5% |
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 History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2022-08-19 | Dividend | $0.13 | -- |
| 2022-06-07 | Dividend | $0.13 | -- |
| 2022-02-18 | Dividend | $0.13 | -- |
| 2021-11-19 | Dividend | $0.13 | -- |
| 2021-08-20 | Dividend | $0.13 | -- |
| 2021-06-08 | Dividend | $0.13 | -- |
| 2021-02-19 | Dividend | $0.13 | -- |
| 2020-11-20 | Dividend | $0.13 | -- |
| 2020-08-21 | Dividend | $0.13 | -- |
| 2020-06-09 | Dividend | $0.13 | -- |
| 2020-02-21 | Dividend | $0.13 | -- |
| 2019-11-22 | Dividend | $0.13 | +66.67% |
| 2019-08-23 | Dividend | $0.08 | -- |
| 2019-06-07 | Dividend | $0.08 | -- |
| 2019-02-15 | Dividend | $0.08 | -- |
| 2018-11-16 | Dividend | $0.08 | -- |
| 2018-08-17 | Dividend | $0.08 | -- |
| 2018-06-07 | Dividend | $0.08 | -- |
| 2018-02-21 | Dividend | $0.08 | -- |
| 2017-11-17 | Dividend | $0.08 | -- |
| 2017-08-17 | Dividend | $0.08 | -- |
| 2017-06-05 | Dividend | $0.08 | -- |
| 2017-02-15 | Dividend | $0.08 | -- |
| 2016-11-17 | Dividend | $0.08 | -- |
| 2016-08-18 | Dividend | $0.08 | -- |
| 2016-06-06 | Dividend | $0.08 | -50.00% |
| 2016-02-18 | Dividend | $0.15 | -- |
| 2015-11-19 | Dividend | $0.15 | -- |
| 2015-08-24 | Dividend | $0.15 | -- |
| 2015-06-08 | Dividend | $0.15 | -- |
| 2015-02-24 | Dividend | $0.15 | -- |
| 2014-11-20 | Dividend | $0.15 | -- |
| 2014-08-25 | Dividend | $0.15 | -- |
| 2014-06-06 | Dividend | $0.15 | -- |
| 2014-02-20 | Dividend | $0.15 | -- |
| 2013-11-21 | Dividend | $0.15 | -- |
| 2013-08-22 | Dividend | $0.15 | -- |
| 2013-06-17 | Dividend | $0.15 | -- |
| 2004-12-01 | Split | ||
| 2003-11-20 | Split | ||
| 2002-02-01 | Split |
NLOK Dividends vs. Peers
NLOK's dividend yield currently ranks #33 of 38 vs. its peers in the Software - Security category.