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National Instruments (National Instruments) Dividend Payout Ratio : 0.55 (As of Jun. 2023)


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What is National Instruments Dividend Payout Ratio?

National Instruments's dividend payout ratio for the months ended in Jun. 2023 was 0.55.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of National Instruments Corp is 0.83, which seems too high.

The historical rank and industry rank for National Instruments's Dividend Payout Ratio or its related term are showing as below:

NATI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.99   Max: 2.1
Current: 0.83


During the past 13 years, the highest Dividend Payout Ratio of National Instruments was 2.10. The lowest was 0.61. And the median was 0.99.

NATI's Dividend Payout Ratio is not ranked
in the Software industry.
Industry Median: 0.36 vs NATI: 0.83

As of today (2024-05-11), the Dividend Yield % of National Instruments is 1.87%.

During the past 13 years, the highest Trailing Annual Dividend Yield of National Instruments was 3.70%. The lowest was 1.59%. And the median was 2.22%.

National Instruments's Dividends per Share for the months ended in Jun. 2023 was $0.28.

During the past 12 months, National Instruments's average Dividends Per Share Growth Rate was 1.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of National Instruments was 53.80% per year. The lowest was 3.80% per year. And the median was 12.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


National Instruments Dividend Payout Ratio Historical Data

The historical data trend for National Instruments's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Instruments Dividend Payout Ratio Chart

National Instruments Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.95 4.77 1.54 1.24

National Instruments Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.98 0.99 0.44 0.80 0.55

Competitive Comparison of National Instruments's Dividend Payout Ratio

For the Software - Application subindustry, National Instruments's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Instruments's Dividend Payout Ratio Distribution in the Software Industry

For the Software industry and Technology sector, National Instruments's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where National Instruments's Dividend Payout Ratio falls into.



National Instruments Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

National Instruments's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2022 )/ EPS without NRI (A: Dec. 2022 )
=1.12/ 0.907
=1.23

National Instruments's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2023 )/ EPS without NRI (Q: Jun. 2023 )
=0.28/ 0.51
=0.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


National Instruments (NAS:NATI) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


National Instruments Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of National Instruments's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


National Instruments (National Instruments) Business Description

Traded in Other Exchanges
N/A
Address
11500 North MoPac Expressway, Austin, TX, USA, 78759
National Instruments provides testing and measurement equipment and integrated, software-led solutions to serve high-complexity automated testing in late product development. NI serves a long tail of more than 30,000 customers in myriad end markets but focuses on the semiconductor, transportation, and aerospace and defense verticals.
Executives
Ritu Favre officer: Executive Vice President 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Scott Arthur Rust officer: Executive Vice President C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Alexander M Davern officer: Senior Vice President and CFO C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Thomas Benjamin officer: Executive Vice President C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC EXPRESSWAY, AUSTIN TX 78759
Eric Howard Starkloff director, officer: President & CEO 11500 NORTH MOPAC, BUILDING C, AUSTIN TX 78759
Daniel Berenbaum officer: Chief Financial Officer, EVP C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226
Cashman James E Iii director 2600 ANSYS DRIVE, CANONSBURG PA 15317
Gerhard Paul Fettweis director C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Michael E Mcgrath director 11701 LUNA ROAD, DALLAS TX 75234
Liam Griffin director 5260 CALIFORNIA AVENUE, IRVINE CA 92617
Gayla J Delly director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Jason Elliot Green officer: Chief Revenue Officer & EVP C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Karen Marie Rapp officer: Chief Financial Officer & EVP C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Carla Pineyro Sublett officer: Chief Marketing Officer C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Jeffrey L Kodosky director C/O NATIONAL INSTRUMENTS CORP, 11500 N. MOPAC EXPRESSWAY, AUSTIN TX 78759

National Instruments (National Instruments) Headlines

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