Network-1 Technologies (NTIP) Declares $0.05 Dividend


Network-1 Technologies said on September 8, 2023 that its board of directors declared a regular semi-annual dividend of $0.05 per share ($0.10 annualized). Previously, the company paid $0.05 per share.

Shareholders of record as of September 19, 2023 will receive the payment on September 29, 2023.

At the current share price of $2.51 / share, the stock’s dividend yield is 3.98%.

Looking back five years and taking a sample every week, the average dividend yield has been 4.00%, the lowest has been 2.60%, and the highest has been 5.35%. The standard deviation of yields is 0.57 (n=233).

The current dividend yield is 0.03 standard deviations below the historical average.

Additionally, the company’s dividend payout ratio is -4.09. The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company’s income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend – not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.

The company has not increased its dividend in the last three years.

What is the Fund Sentiment?

There are 51 funds or institutions reporting positions in Network-1 Technologies. This is an increase of 2 owner(s) or 4.08% in the last quarter. Average portfolio weight of all funds dedicated to NTIP is 0.08%, a decrease of 1.30%. Total shares owned by institutions increased in the last three months by 1.70% to 5,268K shares.

What are Other Shareholders Doing?

Clayton Partners holds 1,208K shares representing 5.09% ownership of the company. In it’s prior filing, the firm reported owning 1,180K shares, representing an increase of 2.35%. The firm decreased its portfolio allocation in NTIP by 2.33% over the last quarter.

Greenwich Investment Management holds 736K shares representing 3.10% ownership of the company. In it’s prior filing, the firm reported owning 739K shares, representing a decrease of 0.35%. The firm increased its portfolio allocation in NTIP by 5.23% over the last quarter.

VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 571K shares representing 2.40% ownership of the company. No change in the last quarter.

Renaissance Technologies holds 553K shares representing 2.33% ownership of the company. In it’s prior filing, the firm reported owning 562K shares, representing a decrease of 1.55%. The firm increased its portfolio allocation in NTIP by 14.89% over the last quarter.

Cannell Capital holds 535K shares representing 2.25% ownership of the company. No change in the last quarter.

Network-1 Technologies Background Information
(This description is provided by the company.)

Network-1 Technologies, Inc. is engaged in the development, licensing and protection of its intellectual property and proprietary technologies. Network-1 works with inventors and patent owners to assist in the development and monetization of their patented technologies. Network-1 currently owns eighty-four (84) patents covering various telecommunications and data networking technologies as well as technologies relating to document stream operating systems and the identification of media content. Network-1’s current strategy includes continuing to pursue licensing opportunities for its intellectual property. Network-1’s strategy is to focus on acquiring and investing in high quality patents which management believes have the potential to generate significant licensing opportunities as Network-1 has achieved with respect to its Remote Power Patent and Mirror Worlds Patent Portfolio. Network-1’s Remote Power Patent has generated licensing revenue in excess of $151,000,000 from May 2007 through September 30, 2020. Network-1 has achieved licensing and other revenue of $47,150,000 through September 30, 2020 with respect to its Mirror Worlds Patent Portfolio.

Additional reading:

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

Click to Learn More

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



Source link

Visited 1 times, 1 visit(s) today

Related Article

From Its Composition to Its Performance: The Lessons of 126 Years of Stock Markets

A significant shift can also be observed in the sectors that have dominated global markets. Of the U.S. listed companies in 1900, nearly 80% of their value was concentrated in sectors that are now small or have disappeared, such as railroads, textiles, iron, coal, and steel. Meanwhile, 70% of today’s U.S. companies come from sectors

The stock market is changing fundamentally — and most investors haven’t noticed

Image source: Getty Images The stock market feels increasingly volatile right now. News is developing fast, sentiment is shifting quickly, and investors are reacting to every new development. But beneath the surface, something more important is happening. This doesn’t look like a market breaking down — it looks like one that’s changing. Right now, the

Down 30%, 3 Red Flags That Suggest Netflix’s Best Days Are Behind It

If investors are coming up with a list of the best stocks of this century, there’s no doubt that Netflix (NFLX +3.32%) would be in that group. It’s certainly one of the most disruptive businesses on the planet. And the performance of its shares, which have risen a jaw-dropping 22,700% in the past two decades,

AI Infrastructure Spending Could Nearly Triple by 2029. Here Are 2 Stocks to Buy.

Big tech is still pouring billions into the data centers powering artificial intelligence (AI) — and the spending wave doesn’t appear to be peaking anytime soon. Statista projects AI infrastructure investment will climb to $902 billion by 2029, up from $334 billion in 2025. Even after strong runs, some of the market’s biggest AI winners,

Stock Market Investing Outlook: 3 Reasons to Keep Buying the Dip

Dip-buying has begun in earnest after a rocky few weeks for stocks that saw the S&P 500 fall as much as 9%. One Wall Street strategist says it’s right on cue. Loading audio narration… Stocks ripped on Tuesday on the prospect of cooling tensions between Iran and the US, with the S&P 500 and Nasdaq

Volatility Is Spiking. Here Are 3 Dividend Stocks You Can Buy Without Hesitation.

Fear is in the air. Sure, the S&P 500 (SNPINDEX: ^GSPC) is holding up pretty well in the face of significant uncertainty. However, implied volatility has risen sharply in recent weeks. Should investors stay away from all stocks with a 10-foot pole? Nope. Here are three dividend stocks you can buy with no hesitation. Will

UK Penny Stocks To Watch With Market Caps Over £100M

The London stock market has recently faced downward pressure, with the FTSE 100 and FTSE 250 indices slipping due to weak trade data from China, highlighting ongoing global economic challenges. Despite these broader market conditions, penny stocks—often representing smaller or newer companies—continue to attract interest for their growth potential at more accessible price points. While

Stock Market Movement | Robot-related stocks surged in the afternoon as Amazon officially entered the humanoid robotics market; institutions are optimistic about the sustainability of the sector’s upward trend.

Robot concept stocks rose in the afternoon. As of press time, Woan Robotics (06600) surged 17.17% to HKD 107.2; Ubtech Robotics (09880) rose 16.51% to HKD 99.5; Hesai-W (02525) climbed 12.17% to HKD 158.5; and LK Technology (00558) increased by 8.85% to HKD 2.83. According to Zhitong Finance APP, robot concept stocks rose in the

Anthropic leaks Claude Code Source Code : $340 billion Anthropic that wiped trillions from stock market worldwide has source code of its most-important tool leaked on internet |

AI firm Anthropic suffered a significant source code leak of its Claude Code agent, exposing unreleased features like an always-on AI and a pet system. This marks the third such incident for the company, which is reportedly preparing for a massive $380 billion IPO. The leak offers a rare glimpse into the company’s development practices.

Three ways the stock market will flip if the U.S.-Iran war ends

Want to know how the market will react when the U.S.-Iran war finally ends? CNBC’s Jim Cramer said Tuesday’s session gives investors the answer.  The “Mad Money” host said that the market “tipped its hand” during Tuesday trading as stocks finally rallied and rates went lower, describing the day as “a dry run of what

Women Lag in Stock Market Investing Despite Gains in Education and Employment

Got story updates? Submit your updates here. › The complex, mechanical infrastructure of the financial system remains a barrier to greater participation by women, who face societal biases and pay disparities that limit their access to investing.NYC Today While women have made significant strides in education and employment, a data analysis shows they still lag

Why Biogen Stock Sank While the Market Soared on Thursday

Bullishness was in the air on the stock market on Tuesday, but you’d hardly know that from the performance of Biogen (NASDAQ: BIIB). The healthcare sector mainstay saw its share price slump by over 2% that trading session, in contrast to the gravity-defying S&P 500 index’s nearly 3% increase. Investors were clearly unimpressed with the

Why AlTi Global Stock Lagged the Market Today

AlTi Global (ALTI +0.83%) stock inched up on Tuesday, but given how frothy the market was that day, it could have done better. Investors traded the wealth and asset management company’s shares up by 0.6%, which was easily topped by the benchmark S&P 500 index’s robust 2.9% gain. The main reasons for this were the

Stock Market Today, March 31: Bitmine Immersion Technologies Jumps on Crypto Recovery Hopes

Bitmine Immersion Technologies Today’s Change (8.09%) $1.48 Current Price $19.78 Key Data Points Market Cap $8.3B Day’s Range $18.36 – $19.98 52wk Range $3.20 – $161.00 Volume 70M Avg Vol 45M Gross Margin 93.80% Dividend Yield 0.05% Bitmine Immersion Technologies (BMNR +8.09%), a digital asset mining and Ethereum (ETH +3.14%)  treasury company, closed Tuesday at

Top ASX Dividend Stocks To Watch In March 2026

As the Australian market navigates a cautious start to March, with eyes on decisions from the Reserve Bank and Fair Work that could sway investor sentiment, attention turns to dividend stocks as a potential source of stability amid economic uncertainties. In this environment, selecting strong dividend-paying stocks can offer investors steady income streams and resilience

0
Would love your thoughts, please comment.x
()
x