NortonLifeLock Inc Dividend yield

NortonLifeLock Inc is part of Software and Computer Services business, which is part of Technology industry. NortonLifeLock Inc is a company from USA, and his stocks are publicly traded.

NortonLifeLock Inc stock dividend

NortonLifeLock Inc paid a total dividend of 320 million USD last year, for a market value of 12,940 millions (Market Cap 11,194 millions). NortonLifeLock Inc dividend per share is 0.50 USD, and his stock market price 20.25 USD.

According to the chart below, where dividend yield is displayed, NortonLifeLock Inc has a dividend yield of 2.47%, which is lower than the amount offered by the market average , but bigger than Technology industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare NortonLifeLock Inc stocks dividend with other Software and Computer Services companies or other of the highest USA dividend stocks list.

NortonLifeLock Inc Dividend Payout

About the ability of NortonLifeLock Inc to maintain his current dividend of USD 0.50 per share, an amount that accounts for 2.47%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NortonLifeLock Inc payout on ernings is currently 19.23%, which is lower than the market average and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures lead us to believe that there is confidence that NortonLifeLock Inccan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of NortonLifeLock Inc is USD 1.18 per share, which is higher than the dividend per share paid by the company of USD 0.50, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of NortonLifeLock Inc, compared againt world market average, USA companies, Technology industry and Software and Computer Services sector companies.

NortonLifeLock Inc Dividend History

Below you will find a table with the historical evolution of NortonLifeLock Inc's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	2.47%	0.50	19.23%	639
2022	2.33%	0.50	33.78%	651
2021	1.92%	0.50	44.25%	582
2020	2.41%	0.50	7.46%	591
2019	1.96%	0.50	73.53%	618

*In millions

NortonLifeLock Inc Stock performance

Finally, last moth NortonLifeLock Inc showed a return of 4.10% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a -10.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Software and Computer Services firms.