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Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): NortonLifeLock Inc. (NLOK) pays a $0.50 annual dividend ($0.13 quarterly), yielding 1.63% at $21.66/share. Next ex-dividend date 2022-08-19. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.63%
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 flagship products like Norton 360, LifeLock identity theft protection, and Norton Secure VPN. NLOK currently pays a 1.63% 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 NLOK stock moves broadly in line with the market, making it a fit for growth-and-income investors rather than those seeking a high-yield defensive position.
NortonLifeLock Inc. pays out 29.5% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low retention of earnings relative to the dividend means the payout has meaningful cushion, supported by a subscription-based business model where customers pay recurring fees for Norton 360 and LifeLock services. NortonLifeLock Inc. dividend safety benefits from that recurring revenue structure, though the company operates in a competitive consumer software market where pricing pressure or subscriber churn could weigh on earnings over time.
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 years marked as partial 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 that figure a poor guide to what investors should expect going forward.
| 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 growth-and-income investors who prioritize dividend growth potential over immediate income, not those relying on yield alone. The current yield is low (below 2%), and no 5-year average yield is available for comparison. What the stock does offer is a conservative 29.5% payout ratio, which leaves room for future increases without straining the business. The trade-off is clear: income investors get a modest $0.50 annual per-share payment today, with zero consecutive years of dividend increases on record, so the growth story depends entirely on what NortonLifeLock Inc. chooses to do with that earnings headroom.
| 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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