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

Here’s Why USA Rare Earth Shares Crushed The Market This Week

USA Rare Earth (USAR 1.67%) bucked the market this week by rising 11.5% when the S&P 500 declined. It’s a performance that reflects some positive news flow around the company’s long-term growth aspirations. USA Rare Earth derisks its business plan Two recent developments are noteworthy for investors. First, the company agreed to acquire the remaining

The Smartest Growth Stock to Buy With $200 Right Now

Fast-growing companies whose revenue and earnings increase at a faster pace than the broader market can help investors generate market-beating returns. These high-growth companies can achieve impressive growth rates for a variety of reasons, including launching competitive products, dominating lucrative markets, expanding into new areas, or creating new markets. Nvidia (NVDA 1.56%) is one such

Dividend stocks are catching up to tech stocks on key earnings metric

Dividend-paying companies are rapidly closing the earnings growth gap with technology stocks and contributing more earnings momentum to the S&P 500. After a significant increase over the past year on this key earnings metric, the trend suggests that dividend stocks may present an even stronger case to investors seeking income and safety in a volatile

The Best Blue Chip Stock to Buy After This Year’s Market Pullback

The S&P 500 has declined 3% year to date amid inflation, a lack of interest rate cuts, intensifying conflicts across the Middle East, and other macro headwinds. Yet over the past five years, the S&P 500 has still rallied nearly 70% — so it’s really just a mild pullback. Nevertheless, long-term investors should always view

Here Are My Top 3 High-Yield Dividend Stocks to Buy Now

From oil briefly crossing $100 a barrel to some of the largest swings in the major indexes in months, some investors may be feeling a bit queasy aboard the 2026 topsy-turvy stock market roller coaster. Generating passive income from stocks is a great way to offset some of the headaches that can come with market

Hims Shares Notch Record Week as Novo Pact Spurs Optimism

Bloomberg (Bloomberg) — Hims & Hers Health Inc. shares posted their best week on record as a new partnership with Novo Nordisk A/S fuels fresh optimism about the company’s future in weight-loss drugs. The San Francisco-based company’s stock climbed about 57% this week, rallying in four of the past five trading sessions. Most Read from

3 Dirt-Cheap Stocks to Buy With $1,000 Right Now

You should never be unwilling to pay a premium price for a quality stock. If you can buy a quality stock at a discounted price, however, then so much the better. If you’ve got a little money you’re looking to put to work but don’t want to step into one of the market’s many overvalued

Why the real market shock is in long bonds

Forget the slow bleed in stocks. The more important story in the second Trump presidency has been the bond market, where long-term Treasury yields are again pushing toward levels that have rattled stocks before. As RSM chief economist Joe Brusuelas said on Yahoo Finance’s Stocks in Translation in December 2024, “The stock market [was] the

Stock Market Today (LIVE): S&P 500 Closes At 2026 Low Amid Iran and Oil Turmoil

📌 Top story — scroll down for more updates Uber Founder Debuts Secret Robots 4:15 pm   Travis Kalanick is back in the arena, rebranding his real estate venture into Atoms, a robotics firm aimed at disrupting transport, mining, and food. The Uber (UBER +0.49%) co-founder revealed the company has operated in stealth for eight years, employing thousands

BofA’s Hartnett Warns Markets Starting to Look Like 2008

(Bloomberg) — The spike in oil prices and growing concerns around private credit are causing market activity to resemble the lead-up to the global financial crisis, according to Bank of America’s Michael Hartnett. The strategist flagged how oil doubled to $140 a barrel by August 2008 from $70 in July 2007, accompanied by the start

Don’t let Iran war-induced market volatility scare you out of stocks

CNBC’s Jim Cramer on Thursday warned panicked investors tempted to dump their portfolios due to Iran war-induced market volatility: Don’t follow the crowd off the ledge. “Even if the current situation is terrifying, remember that under almost all circumstances, it makes sense to stick with the market, if only because you’ll have a better chance

Dow Dives 739 Points as Oil Prices Spike: Stock Market Today

(Image credit: Getty Images) Stocks tumbled at the open Thursday as oil prices resumed their uptrend after Iran’s new supreme leader, Mojtaba Khamenei, said the Strait of Hormuz, which sees roughly a fifth of global oil pass through it on a daily basis, will remain closed in order “to pressure” the United States. Even after

Bitcoin’s early crash to $60,000 now looks like a warning for stocks

Many see bitcoin BTC$71.329,00 as a safe-haven and store-of-value asset, like gold. But some currency traders treat it as a lead indicator for broader market mood, and they’ve been proven right again: Before finding stability near $70,000 recently, bitcoin plunged sharply, presaging the ongoing global stock market swoon. Bitcoin’s price peaked above $126,000 in early

Hong Kong Stock Movement | Sinopec (00386) Drops Over 4% Again Amid Market Concerns Over Crude Oil Supply Disruptions; UBS Group Indicates High Oil Prices Could Pressure Sinopec’s Profitability

Sinopec (00386) fell more than 4% again. As of the time of writing, it dropped 3.61%, trading at HKD 4.8 with a turnover of HKD 8.67 billion. According to Zhitong Finance, Sinopec (00386) fell more than 4% again. As of the time of writing, it dropped 3.61%, trading at HKD 4.8 with a turnover of

The fertilizer stocks in the Hong Kong stock market continued their recent upward trend, with Sinofert issuing a notice requiring clients not to participate in speculative activities in the fertilizer market.

On March 13, it was reported that Hong Kong-listed fertilizer stocks continued their recent upward trend. As of the time of writing,$KO YO GROUP (00827.HK)$up nearly 8%,$SINOFERT (00297.HK)$Surging over 5%,$CHINA BLUECHEM (03983.HK)$rose more than 3%. In terms of news, on March 12, Sinochem Fertilizer issued a notice stating that the current period is a crucial

Hong Kong Stock Market Announcement

Baoji Pharmaceutical-B: KJ101 has received clinical trial approval for a new indication; Zijin Mining leads the establishment of a new fund focusing on investment in the field of new quality productivity. Material Matters: Zijin Mining (02899) Leads the Establishment of a New Fund, Focusing on Investment in New Quality Productivity Fields Weichai Power (02338) and

Hong Kong Stock Market Midday Review

Coal stocks have risen against the market trend. The surge in oil and gas prices has triggered an energy substitution effect, with institutions indicating that domestic and international coal prices may rise beyond expectations. According to Zhitong Finance, the Hang Seng Index fell by 2.55%, or 656 points, to 25,101 points, while the Hang Seng

The Iran-War Playbook for Investors As the Conflict Rattles Markets

Don’t panic. Loading audio narration… That’s the first rule investors should follow when considering how to invest when chaos strikes, and the Iran war is no different, market pros told Business Insider. The conflict-fueled sell-off picked up again on Thursday as the war sent oil prices back to $100 a barrel. The S&P 500 is

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