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Data last updated: Sep 28, 2026
Snapshot (as of Sep 28, 2026): NortonLifeLock Inc. (NLOK) pays a $0.50 annual dividend ($0.13 quarterly), yielding 2.31% at $21.66/share. Next ex-dividend date 2022-08-19. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.31%
Annual Dividend: $0.50 per share
Payout Ratio: 29.5%
Ex-Dividend Date: 2022-08-19
Dividend Frequency: quarterly
Sector: Technology
Years of Dividend History: 10
NortonLifeLock Inc. dividend investors are looking at a consumer cybersecurity company built around subscription-based protection, with products like Norton 360, LifeLock identity theft coverage, and Norton Secure VPN. NLOK currently pays a 2.31% dividend yield. The trailing annual dividend rate is $0.50 per share, paid quarterly, with the most recent ex-dividend date of August 19, 2022. A beta of roughly 1.0 means the stock moves broadly in line with the market, which suits dividend investors who want income without extreme price swings.
NortonLifeLock Inc. pays out 29.5% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves meaningful room to absorb earnings pressure without touching the dividend, and NLOK's subscription-based model for products like Norton 360 generates the kind of recurring revenue that supports a predictable payout. NortonLifeLock Inc. dividend safety looks reasonable on current numbers, though the history table shows the dividend has moved sharply in both directions over the years, which means past volatility is the most data-supported risk factor to keep in mind.
NortonLifeLock Inc. dividend history shows a CAGR of 65.9% per year from 2014 to 2020. Per-share payments moved from $0.60 in 2014 to $12.50 in 2020, though that range includes partial years and one extraordinary spike. The largest annual increase in the window was 3,471.4% in 2020, which alone accounts for most of the headline CAGR and makes the long-run growth rate a poor guide to what NortonLifeLock Inc. is likely to pay going forward. The history also contains at least one year-over-year decline exceeding 5%, so the growth record is anything but linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +2.3% | $0.35 (2019) | $0.38 (2022) |
| 5-Year | +4.6% | $0.30 (2017) | $0.38 (2022) |
NLOK fits dividend investors who want a low-payout, subscription-backed income stream from the consumer cybersecurity space. The yield sits in the moderate (2–4%) range at 2.31%, which is meaningful without being stretched, and the 29.5% payout ratio means the current $0.50 annual rate is not under obvious pressure from earnings. The trade-off is growth clarity: the historical CAGR of 65.9% is dominated by a single anomalous year, consecutive dividend increases stand at zero, and the history includes confirmed declines. Income investors get a conservatively funded yield from a recurring-revenue business; what they give up is any reliable dividend growth trend to anchor expectations.
| Payment Date | Amount per Share |
|---|---|
| 2022-08-19 | $0.1250 |
| 2022-06-07 | $0.1250 |
| 2022-02-18 | $0.1250 |
| 2021-11-20 | $0.1250 |
| 2021-08-20 | $0.1250 |
| 2021-06-08 | $0.1250 |
| 2021-02-20 | $0.1250 |
| 2020-11-21 | $0.1250 |
| 2020-08-22 | $0.1250 |
| 2020-06-10 | $0.1250 |
| Year | Total Dividends |
|---|---|
| 2022 | $0.3750 |
| 2021 | $0.5000 |
| 2020 | $12.5000 |
| 2019 | $0.3500 |
| 2018 | $0.3000 |
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