SmarterDividends
NOVT

Novanta Inc.

NOVTU

Technology · Stock · quarterly payer

$61.62

Overvalued · -50% Add to Portfolio

Forward Yield

3.80%

Annual Dividend

$2.34

Payout Ratio

5-Yr Growth

Ex-Date

Frequency

Quarterly

Summary

As of September 2026, Novanta Inc. (NOVTU) yields 3.80% ($2.34 per share annually), with a blended fair-value estimate of $30.61 — -50% downside, so it screens as overvalued.

Is NOVTU a good dividend stock?

Mixed

Novanta Inc. (NOVTU) pays a quarterly dividend yielding 3.80% ($2.34/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Never cut its dividend on record

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
3.80%
Payout Ratio
Annual Dividend
$2.34
5-Yr Avg Growth
Ex-Dividend Date
Years of Growth
0
Frequency
quarterly
Beta
1.68
Market Cap
P/E Ratio
5-Yr Total Return
52-Week Range
$47.57 – $76.95
Dividend Safety
Ever Cut?
No
NOVTU ex-dividend date & scheduleNext ex-date · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.34 / yr per share

Per payment (quarterly)$58.48
Annual$233.90
Monthly avg$19.49