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

Korean regulators face scrutiny as stock market volatility persists

Margin loans hit three-month high as market participants question effectiveness of regulators’ response Lee Eog-weon, chairman of the Financial Services Commission, answers questions during a plenary session of the National Assembly’s Political Affairs Committee in Yeouido, Seoul, in September. (The Korea Herald) As South Korea’s stock market continues to swing sharply between steep losses and

ASST Stock Slips Overnight: Strive Upsizes SATS Preferred Offering At 10% Discount; CEO Calls 5-Year Chart ‘Meaningless’

Proceeds could fund bitcoin purchases, investments, acquisitions and ASST or SATA share repurchases. CEO Matt Cole called criticism of ASST’s five-year performance “meaningless,” saying Strive had outperformed bitcoin since its reverse merger. SATS carries a $15 annual dividend per share, offering a 16.67% yield at the offer price if paid fully. Shares of Strive, Inc.

Roadster Reveal Could Be A Big Moment For Tesla Stock

Tesla is hours away from revealing its long delayed next generation Roadster, a halo sports EV teased with possible brief flight and SpaceX designed cold gas thrusters, at a livestreamed event from Texas. The Roadster is positioned less as a volume product and more as a showcase of Tesla’s engineering, AI and high end performance

Fundstrat’s Mark Newton Says Buy the Tech Dip, but Stay Diversified

Fundstrat’s Mark Newton says investors should buy the tech dip while staying diversified. Artificial intelligence (AI) cloud provider CoreWeave, down 15% at one point, still faces higher bond yields over its debt. The equal-weight S&P 500, which gives every company the same weight, fell about 6%. The headline S&P 500, by contrast, hit a record

Jim Cramer’s Rate Test: Why He Backs Reddit but Passes on SiTime

S&P 500 record high stock market cover. Photo by BeInCrypto CNBC host Jim Cramer backed Reddit (RDDT) and Rocket Lab (RKLB) but passed on SiTime (SITM) on Thursday’s “Mad Money,” favoring stocks that have fallen over those priced for growth while interest rates climb. The picks span social media, rockets, refiners and chips, yet one

Has Buying Applied Materials Stock’s Dips Paid Off?

Image from Pixabay Applied Materials (AMAT) stock has fallen 17.6% since its close on October 5, 2026. That is short of the 20% falls studied below, so the history is a rough guide rather than a close match. Investors are betting the semiconductor equipment maker will repeat its history of share price rebounds and that

MicroStrategy Could Be Removed From Major Global Stock Indexes

Michael Saylor’s Bitcoin giant could lose its place in major global stock indexes, potentially forcing investment funds to sell shares even if they still believe in the company. On Thursday, MSCI approved new rules to remove companies that behave more like investment vehicles than operating businesses. Its earlier simulation identified Strategy, formerly MicroStrategy, and Japan’s

Nvidia stock trims losses as chip sell-off eases amid AI financing concerns

Chip stocks pared losses Thursday after concerns over debt-heavy balance sheets triggered a broader AI-driven sell-off on Wall Street. The overall Tech (XLK) sector trimmed declines as investors rotated into defensive sectors and bought up Treasurys, pushing long-dated yields substantially lower. Shares of Nvidia (NVDA) and peer Advanced Micro Devices (AMD) fell roughly 1%, paring

The PNC Financial Services Group, Inc. Q3 2026 Earnings Call Summary

The PNC Financial Services Group, Inc. Q3 2026 Earnings Call Summary – Moby Strategic Execution and Market Expansion Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we’ll show you why it’s our #1 pick. Tap here. Performance was driven by robust client momentum

Dell Stock Nosedives After Barclays Downgrade

This article first appeared on GuruFocus. Dell Technologies (NYSE:DELL) shares slid about 7% Thursday morning, extending Wednesday’s selloff after Barclays questioned whether AI-server demand can justify the stock’s rally. Barclays analyst Tim Long lowered Dell to Equal Weight from Overweight and cut his price target to $574 from $603. He also downgraded Hewlett Packard Enterprise

DraftKings Is Down 44% in 2026: Is DKNG Stock Dead Money or Due for a Bounce?

Quick Read DraftKings has cratered 44% in 2026 to $19.14 as exchange-based prediction markets steal sports betting share without the licensing costs that burden DKNG. Flutter stock’s 65% collapse dwarfs MGM’s softer 20% drop, exposing pure-play sportsbook operators as the hardest-hit names in gambling. Whether DraftKings’ share of betting handle stabilizes against exchange platforms is

Is American Airlines Stock’s Drop A Chance To Buy?

Image from Pixabay American Airlines (AAL) stock has lost 24.4% since July 16, against a 2.7% gain for the S&P 500. The carrier trails Delta and United on profit, and executives cut their 2026 earnings outlook again in July, citing higher fuel costs. Yet the airline is chasing higher-spending travelers with more premium seats. Investors

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