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Graco (GGG) 3-Year Dividend Growth Rate

: 10.30% (As of Dec. 2023)
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Graco's Dividends per Share for the three months ended in Dec. 2023 was $0.24.

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

GGG' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 4.3   Med: 11.2   Max: 76.5
Current: 10.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Graco was 76.50% per year. The lowest was 4.30% per year. And the median was 11.20% per year.

GGG's 3-Year Dividend Growth Rate is ranked worse than
51% of 1096 companies
in the Industrial Products industry
Industry Median: 11.05 vs GGG: 10.30

During the past 12 months, Graco's average Dividends Per Share Growth Rate was 11.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.10% 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.

Graco's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.29. As of today, Graco's Dividend Yield % is 1.10%.

Warning Sign:

Graco Inc stock dividend yield is close to 2-year low.

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


Competitive Comparison

For the Specialty Industrial Machinery subindustry, Graco'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.


Graco 3-Year Dividend Growth Rate Distribution

For the Industrial Products industry and Industrials sector, Graco's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Graco 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.


Graco  (NYSE:GGG) 3-Year Dividend Growth Rate Explanation

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

Graco'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 )
=0.235/ 0.8
=0.29

During the past 13 years, the highest Dividend Payout Ratio of Graco was 0.37. The lowest was 0.28. And the median was 0.33.

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

Graco Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2552024-04-122024-04-152024-05-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2552024-01-192024-01-222024-02-07Cash DividendquarterlyUSD:USD 1.000000
USD 0.2352023-10-132023-10-162023-11-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2352023-07-142023-07-172023-08-02Cash DividendquarterlyUSD:USD 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.98/89.30
=1.10 %

Current Share Price is $89.30.
Graco's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.98.

During the past 13 years, the highest Dividend Yield of Graco was 1.85%. The lowest was 0.91%. And the median was 1.24%.

Warning Sign:

Graco Inc 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.


Graco 3-Year Dividend Growth Rate Related Terms>


Graco (GGG) Business Description

Traded in Other Exchanges
Address
88-11th Avenue Northeast, Minneapolis, MN, USA, 55413
Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2.1 billion in sales and $573 million in operating income in 2022.
Executives
Mark W Sheahan officer: VICE PRESIDENT AND TREASURER P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Angela F Wordell officer: Executive VP, Operations 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Kathryn L Schoenrock officer: Executive Vice President 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Caroline M Chambers officer: Vice President and Controller PO BOX 1441, MINNEAPOLIS MN 55440-1441
Eric Etchart director ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Van Sant R William director PO BOX 1441, MINNEAPOLIS MN 55440-1441
Timothy R White officer: President, EMEA 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Ronita Banerjee officer: EVP, Chief HR Officer 88 11TH AVENUE NE, MINNEAPOLIS MN 55105
Jeffrey P. Johnson officer: Vice President 88 - 11TH AVENUE N.E., MINNEAPOLIS MN 55413
Heather L Anfang director 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Dale D Johnson officer: VICE PRESIDENT P.O. BOX 1441, MINNEAPOLIS MN 5440-1441
Christopher D. Knutson officer: EVP, Corporate Controller 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Claudio Merengo officer: President, Worldwide Gema 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
J Kevin Gilligan director P O BOX 1441, MINNEAPOLIS MN 55440-1441
Archie C. Black director 333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402

Graco (GGG) Headlines

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