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Snap-on (Snap-on) 3-Year Dividend Growth Rate : 14.60% (As of Mar. 2024)


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What is Snap-on 3-Year Dividend Growth Rate?

Snap-on's Dividends per Share for the three months ended in Mar. 2024 was $1.86.

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

SNA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1   Med: 5.95   Max: 19.5
Current: 14.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Snap-on was 19.50% per year. The lowest was 1.00% per year. And the median was 5.95% per year.

SNA's 3-Year Dividend Growth Rate is ranked better than
59.47% of 1103 companies
in the Industrial Products industry
Industry Median: 11 vs SNA: 14.60

During the past 12 months, Snap-on's average Dividends Per Share Growth Rate was 14.50% 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 14.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.50% 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.

Snap-on's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.38. As of today, Snap-on's Dividend Yield % is 2.58%.

Good Sign:

Snap-on Inc stock dividend yield is close to 3-year high.

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


Competitive Comparison of Snap-on's 3-Year Dividend Growth Rate

For the Tools & Accessories subindustry, Snap-on'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.


Snap-on's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

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

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



Snap-on 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.


Snap-on  (NYSE:SNA) 3-Year Dividend Growth Rate Explanation

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

Snap-on's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=1.86/ 4.939
=0.38

During the past 13 years, the highest Dividend Payout Ratio of Snap-on was 0.39. The lowest was 0.26. And the median was 0.31.

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

Snap-on Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.8602024-02-232024-02-262024-03-11Cash DividendquarterlyUSD:USD 1.000000
USD 1.8602023-11-202023-11-212023-12-11Cash DividendquarterlyUSD:USD 1.000000
USD 1.6202023-08-172023-08-182023-09-11Cash DividendquarterlyUSD:USD 1.000000
USD 1.6202023-05-182023-05-192023-06-09Cash 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.

Snap-on's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.96/273.59
=2.54 %

Current Share Price is $273.59.
Snap-on's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.96.

During the past 13 years, the highest Dividend Yield of Snap-on was 4.25%. The lowest was 1.20%. And the median was 1.99%.

Good Sign:

Snap-on Inc stock dividend yield is close to 3-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.


Snap-on 3-Year Dividend Growth Rate Related Terms>


Snap-on (Snap-on) Business Description

Address
2801 80th Street, Kenosha, WI, USA, 53143
Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through franchisee-operated mobile vans that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.
Executives
Thomas J Ward officer: Sr VP & President - Tools 2801 80TH STREET, KENOSHA WI 53141
Aldo John Pagliari officer: SVP-Finance & CFO 2801 80TH STREET, KENOSHA WI 53143
Nicholas T Pinchuk director, officer: President and CEO 280180TH STREET, KENOSHA WI 53143
June C Lemerand officer: VP & Chief Information Officer 2801 80TH STREET, KENOSHA WI 53143
Timothy L Chambers officer: Sr VP & Pres - Tools 2801 80TH STREET, KENOSHA WI 53143
Iain Boyd officer: V.P. - Human Resources 2801 80TH STREET, KENOSHA WI 53143
Richard Thomas Miller officer: VP, Gen Counsel & Secretary 2801 80TH STREET, KENOSHA WI 53143
Jesus Arregui officer: Sr VP & President - Commercial 2801 80TH STREET, KENOSHA WI 53143
Anup R Banerjee officer: Sr VP & Chief Devel. Officer 2801 80TH STREET, KENOSHA WI 53143
Karen L Daniel director 2801 80TH STREET, KENOSHA WI 53141
William Dudley Lehman director
Marty V. Ozolins officer: Vice President & Controller 2801 80TH STREET, KENOSHA WI 53143
Richard K Strege officer: Vice President & Controller 2801 80TH STREET, KENOSHA WI 53143
Irwin M Shur officer: VP, Gen Counsel & Secretary SNAP-ON INCORPORATED, 2801 80TH STREET, KENOSHA WI 53143
Thomas L. Kassouf officer: SVP & Pres - Commercial Div 2801 80TH STREET, KENOSHA WI 53143

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