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Reliance Worldwide (ASX:RWC) 3-Year Dividend Growth Rate : 14.60% (As of Dec. 2023)


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What is Reliance Worldwide 3-Year Dividend Growth Rate?

Reliance Worldwide's Dividends per Share for the six months ended in Dec. 2023 was A$0.08.

The historical rank and industry rank for Reliance Worldwide's 3-Year Dividend Growth Rate or its related term are showing as below:

ASX:RWC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 8.5   Med: 19.55   Max: 45.3
Current: 14.6

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Reliance Worldwide was 45.30% per year. The lowest was 8.50% per year. And the median was 19.55% per year.

ASX:RWC's 3-Year Dividend Growth Rate is ranked better than
61.71% of 585 companies
in the Construction industry
Industry Median: 9.1 vs ASX:RWC: 14.60

During the past 12 months, Reliance Worldwide's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Reliance Worldwide's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.77. As of today, Reliance Worldwide's Dividend Yield % is 2.24%.

Warning Sign:

Reliance Worldwide Corp Ltd stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Reliance Worldwide's 3-Year Dividend Growth Rate

For the Building Products & Equipment subindustry, Reliance Worldwide's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reliance Worldwide's 3-Year Dividend Growth Rate Distribution in the Construction Industry

For the Construction industry and Industrials sector, Reliance Worldwide's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Reliance Worldwide's 3-Year Dividend Growth Rate falls into.



Reliance Worldwide 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Reliance Worldwide  (ASX:RWC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Reliance Worldwide's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.075/ 0.097
=0.77

During the past 7 years, the highest Dividend Payout Ratio of Reliance Worldwide was 0.67. The lowest was 0.24. And the median was 0.51.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Reliance Worldwide Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0345902024-03-062024-03-072024-04-05Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0774812023-09-072023-09-082023-10-06Cash Dividendsemi-annuallyAUD:AUD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Reliance Worldwide's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.112071/5.02
=2.23 %

Current Share Price is A$5.02.
Reliance Worldwide's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.112071.

During the past 7 years, the highest Dividend Yield of Reliance Worldwide was 4.88%. The lowest was 0.52%. And the median was 1.93%.

Warning Sign:

Reliance Worldwide Corp Ltd stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reliance Worldwide 3-Year Dividend Growth Rate Related Terms>


Reliance Worldwide (ASX:RWC) Business Description

Traded in Other Exchanges
Address
140 William Street, Level 26, Melbourne, VIC, AUS, 3000
Reliance Worldwide designs, manufactures, and supplies branded plumbing products which are sold across North America, Asia-Pacific, and Europe. The company focuses on push-to-connect plumbing products, including fitting, pipes and valves, under its brands SharkBite, JG Speedfit, and EvoPex. Reliance's products are used in residential and commercial applications for the residential renovation, maintenance, and home improvement end-markets. Reliance sells around 45% of its products to plumbing wholesalers and merchants, 35% to hardware and home improvement retailers (including Home Depot, Lowe's, and Reece) and 20% to original equipment manufacturers of hot water systems.

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