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Renewables Infrastructure Group (The) (LSE:TRIG) 3-Year Dividend Growth Rate : 2.00% (As of Dec. 2023)


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What is Renewables Infrastructure Group (The) 3-Year Dividend Growth Rate?

Renewables Infrastructure Group (The)'s Dividends per Share for the six months ended in Dec. 2023 was £0.04.

The historical rank and industry rank for Renewables Infrastructure Group (The)'s 3-Year Dividend Growth Rate or its related term are showing as below:

LSE:TRIG' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -5   Med: 2   Max: 4.6
Current: 2

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Renewables Infrastructure Group (The) was 4.60% per year. The lowest was -5.00% per year. And the median was 2.00% per year.

LSE:TRIG's 3-Year Dividend Growth Rate is ranked better than
51.09% of 871 companies
in the Asset Management industry
Industry Median: 1.7 vs LSE:TRIG: 2.00

During the past 12 months, Renewables Infrastructure Group (The)'s average Dividends Per Share Growth Rate was 4.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.80% 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.

Renewables Infrastructure Group (The)'s Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00. As of today, Renewables Infrastructure Group (The)'s Dividend Yield % is 7.17%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Renewables Infrastructure Group (The) Ltd is 35.50, which seems too high.

Good Sign:

Renewables Infrastructure Group (The) Ltd stock dividend yield is close to 10-year high.

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


Competitive Comparison of Renewables Infrastructure Group (The)'s 3-Year Dividend Growth Rate

For the Asset Management subindustry, Renewables Infrastructure Group (The)'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.


Renewables Infrastructure Group (The)'s 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Renewables Infrastructure Group (The)'s 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Renewables Infrastructure Group (The)'s 3-Year Dividend Growth Rate falls into.



Renewables Infrastructure Group (The) 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.


Renewables Infrastructure Group (The)  (LSE:TRIG) 3-Year Dividend Growth Rate Explanation

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

Renewables Infrastructure Group (The)'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 )
=0.036/ -0.009
=N/A

During the past 11 years, the highest Dividend Payout Ratio of Renewables Infrastructure Group (The) was 35.50. The lowest was 0.32. And the median was 0.78.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Renewables Infrastructure Group (The) Ltd is 35.50, which seems too high.

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

Renewables Infrastructure Group (The) Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
GBP 0.0180002024-02-222024-02-232024-03-28Cash DividendquarterlyGBP:GBP 1.000000
GBP 0.0180002023-11-092023-11-102023-12-29Cash DividendquarterlyGBP:GBP 1.000000
GBP 0.0180002023-08-102023-08-112023-09-29Cash DividendquarterlyGBP:GBP 1.000000
GBP 0.0180002023-05-112023-05-122023-06-30Cash DividendquarterlyGBP:GBP 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.

Renewables Infrastructure Group (The)'s Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.072/1.002
=7.19 %

Current Share Price is £1.002.
Renewables Infrastructure Group (The)'s Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.072.

During the past 11 years, the highest Dividend Yield of Renewables Infrastructure Group (The) was 7.55%. The lowest was 4.65%. And the median was 5.46%.

Good Sign:

Renewables Infrastructure Group (The) Ltd stock dividend yield is close to 10-year high.

* 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.


Renewables Infrastructure Group (The) 3-Year Dividend Growth Rate Related Terms>


Renewables Infrastructure Group (The) (LSE:TRIG) Business Description

Traded in Other Exchanges
Address
East Wing, Trafalgar Court, Les Banques, P.O. Box 656, Saint Peter Port, GGY, GY1 3PP
Renewables Infrastructure Group (The) Ltd Guernsey registered closed-ended investment company. The company focuses on investing principally in a range of diversified operational assets which generate electricity from renewable sources, with an initial focus on onshore wind farms and solar PV parks in the United Kingdom and Northern Europe. The company's revenue comprises mostly dividends received from investments made.

Renewables Infrastructure Group (The) (LSE:TRIG) Headlines