Norditek Group AB (NOTEK.XSTO) Dividend Analysis
This company discontinued its dividend after 2021.
Based on TTM and annual data · Not a buy/sell signal
This company does not pay dividends
Last dividend was paid in 2021. The company has not paid dividends in the last 3 years.
Does Norditek Group AB (NOTEK.XSTO) pay a dividend?
Norditek Group AB (NOTEK.XSTO) stopped paying a dividend after 2021 and pays nothing today. The business does generate free cash flow of SEK 22 million, so the absence of a dividend is a capital-allocation choice rather than an inability to pay. All figures are computed from company filings; this is analysis, not investment advice.
Frequently asked
Does Norditek Group AB (NOTEK.XSTO) pay a dividend?+
No. Norditek Group AB (NOTEK.XSTO) does not currently pay a dividend. The last payment in our data was in 2021, and nothing has been paid since.
How does Norditek Group AB return cash to shareholders?+
It largely does not. Norditek Group AB pays no dividend and we do not see a meaningful reduction in share count over the last twelve months, so cash is being retained in the business or spent on growth rather than returned. That is common for companies reinvesting heavily, and it means your return depends entirely on the share price.
Could Norditek Group AB afford to pay a dividend?+
On the numbers, yes. Norditek Group AB generated SEK 22 million of free cash flow, which is about SEK 1.71 per share. If it paid out half of that, the dividend would be roughly SEK 0.86 per share, a yield of about 109.3% at the current price. That is an illustration of capacity, not a prediction: the company has given no indication it intends to pay one.
Which industrials companies do pay dividends?+
Our Industrials sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with Norditek Group AB.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.