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

Why Stride Stock Topped the Market Today

A well-received quarterly earnings report was the catalyst behind Stride (LRN +2.79%) stock’s leap into positive territory on Wednesday. Shares of the educational services company rose by nearly 3%, contrasting well with the slight decline of the benchmark S&P 500 index. Earning from learning Stride released its fiscal third-quarter 2026 results after market close on

ASX Penny Stocks With Market Caps Over A$10M To Consider

The Australian share market is experiencing a downturn, with a projected 0.7% drop marking seven consecutive days of declines, bringing the index to approximately 8,600 points. Amidst these challenging conditions, investors often look towards penny stocks for their potential to offer growth opportunities at lower price points. Although the term “penny stocks” may seem dated,

Bill Ackman on OpenAI, tech stocks, and his big IPO

Bill Ackman finds himself having an IPO day. The dual IPO of asset manager Pershing Square Inc. and his closed-end fund Pershing Square USA is slated to haul in $5 billion, toward the low end of his original $5 billion to $10 billion target. Institutional investors are covering 85% of the deal. The combined offering

Why Biogen Stock Was a Winner on Wednesday

Prominent biotech Biogen (NASDAQ: BIIB) loomed large on the stock market on Wednesday. It published its latest set of quarterly earnings, and investors greeted the estimates-beating numbers by piling into the stock, despite a notable guidance cut. By the end of the trading day, Biogen’s shares had gained 6%. Growth in the bottle Biogen’s total

Jim Cramer reveals the secret to finding a winning tech stock in this market

CNBC’s Jim Cramer said the bar for technology stocks has shifted and simply beating earnings is no longer enough to sustain a rally. “When it comes to tech companies, it’s not enough just to beat and raise anymore,” said the “Mad Money” host. “You need a shortage, or else your stock’s not gonna get much

2 key risks Meta warned investors about in its Q1 earnings report

Meta Platforms (META) stock fell about 7% after the company’s latest quarterly report showed higher AI spending and slower user growth than in the prior quarter. The company also called out two other challenges facing its business in its earnings report, which together pressured the stock in extended trading. The first is costs — namely,

Stock Market Today, April 29: Robinhood Markets Drops After Earnings Miss

Today’s Change (-13.33%) $-10.94 Current Price $71.13 Key Data Points Market Cap $74B Day’s Range $69.94 – $73.58 52wk Range $45.56 – $153.86 Volume 2.6M Avg Vol 33M Gross Margin 94.96% Robinhood Markets (HOOD 13.33%), the stock and crypto brokerage that pioneered commission-free trading, closed down 13.24% on Wednesday at $71.20. Shares fell after its

CMG Stock: What You’d Have If You Invested $1,000 20 Years Ago

Shares in Chipotle Mexican Grill (CMG) have been a long-term market beater, but there’s a twist. The fast-casual food chain is a great example of what happens when a company’s days of hyperfast growth have long passed. Like McDonald’s (MCD), CMG claims humble origins, starting with a single location. The first Chipotle opened in Denver

Why Lemonade Stock Fell 13% Today

Shares of Lemonade (NYSE: LMND) soared in after-hours trading last night, goosed by a strong earnings report. But the gain didn’t last long. Lemonade’s stock took a dive when the market opened on Wednesday. As of 2:20 p.m. ET, I’m looking at a 13% price drop. Will AI create the world’s first trillionaire? Our team just

How This Hedged Equity ETF (KSPY) Turns Volatility Into A Tool For Choppy US Markets

Recently, markets have been whipsawed by a steady stream of macroeconomic shocks and geopolitical surprises. From escalation one day to de-escalation the next, the US-Israel-Iran conflict has injected a persistent risk premium into oil prices. This has complicated the inflation outlook just as investors hoped for an improving narrative on that front. Every monthly jobs

3 Dividend Stocks to Buy and Hold Forever

Dividend stocks are the foundation of a great portfolio. They provide stability and reliable passive income, protecting your portfolio while other funds do the heavy growth work. If you own a group of excellent dividend stocks that can withstand market volatility, you’ll be less likely to panic when it happens. Walmart (NASDAQ: WMT), Realty Income

3 Rock-Solid Dividend Stocks That Have Been Making Payments for Over a Century

There are many dividend stocks to choose from in the stock market, which can offer high yields. But the ones that are on this list are truly special ones, not only for their payouts but for their consistency. They’ve been making dividend payments for more than a century. Coca-Cola (NYSE: KO), ExxonMobil (NYSE: XOM), and

Discovering Undiscovered Gems in the US Market April 2026

The United States market has experienced a flat performance over the past week, yet it has shown robust growth of 29% over the last year with projected earnings expected to increase by 16% annually in the coming years. In this dynamic environment, identifying stocks that are poised for growth involves uncovering lesser-known companies with strong

Warren Buffett Will Never Sell These 4 Favorite ‘Forever’ Dividend Giants

Warren Buffett stepped down as CEO of Berkshire Hathaway on December 31, 2025, after six decades leading the conglomerate he transformed from a struggling textile mill into a $1 trillion empire. The “Oracle of Omaha” left his successor, Greg Abel, with a very concentrated portfolio: almost 65% of Berkshire’s $381 billion portfolio is invested in

The Iran War Oil Shock Markets Are Still Ignoring, Like Covid in 2020?

In the early weeks of the Covid pandemic, in those days when public spaces emptied and hospitals filled up, I used to see this magazine cover from 2017 being passed around social media. The story was a familiar one to me, because I was the one who had written it: The posts were all versions

Celsius vs. Dutch Bros: Which Growth Stock Wins in This Market?

While an extremely volatile stock, Celsius (CELH 1.57%) has been a monster winner for investors that timed it correctly. Shares in the energy drink business skyrocketed 7,330% during the five-year period leading up to their peak in March 2024. Investors interested in the beverage industry can also look at Dutch Bros (BROS 3.49%). The popular

United Microelectronics Q1 Earnings Call Highlights

United Microelectronics logo United Microelectronics (NYSE:UMC) reported first-quarter 2026 results that management said showed growth versus both the prior quarter and the year-ago period, while also outlining expectations for stronger second-quarter shipments and a potential wafer price adjustment in the second half of 2026. First-quarter results and drivers CFO Chitung Liu said consolidated revenue in

There is no such thing as tech anymore

As recently as two weeks ago, prediction markets were pricing in a significant probability of a swift return to normality for traffic in the Strait of Hormuz. On Polymarket, the odds of a reopening before June hovered around 90%. Today, they are flirting with the status quo. For the April maturity, this probability still reached

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