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Watts Water Technologies (Watts Water Technologies) 3-Year Dividend Growth Rate

: 14.50% (As of Dec. 2023)
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Watts Water Technologies's Dividends per Share for the three months ended in Dec. 2023 was $0.36.

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

WTS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -11.8   Med: 10.05   Max: 44.2
Current: 14.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Watts Water Technologies was 44.20% per year. The lowest was -11.80% per year. And the median was 10.05% per year.

WTS's 3-Year Dividend Growth Rate is ranked better than
59.31% of 1096 companies
in the Industrial Products industry
Industry Median: 11.05 vs WTS: 14.50

During the past 12 months, Watts Water Technologies's average Dividends Per Share Growth Rate was 19.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.30% 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.

Watts Water Technologies's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.18. As of today, Watts Water Technologies's Dividend Yield % is 0.73%.

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


Competitive Comparison

For the Specialty Industrial Machinery subindustry, Watts Water Technologies'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.


Watts Water Technologies 3-Year Dividend Growth Rate Distribution

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

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



Watts Water Technologies 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.


Watts Water Technologies  (NYSE:WTS) 3-Year Dividend Growth Rate Explanation

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

Watts Water Technologies'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 )
=0.36/ 1.97
=0.18

During the past 13 years, the highest Dividend Payout Ratio of Watts Water Technologies was 0.30. The lowest was 0.16. And the median was 0.22.

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

Watts Water Technologies Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3602024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3602023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3602023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3602023-05-312023-06-012023-06-15Cash 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.

Watts Water Technologies's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.44/199.715
=0.72 %

Current Share Price is $199.715.
Watts Water Technologies's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.44.

During the past 13 years, the highest Dividend Yield of Watts Water Technologies was 1.47%. The lowest was 0.47%. And the median was 0.93%.

* 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.


Watts Water Technologies 3-Year Dividend Growth Rate Related Terms>


Watts Water Technologies (Watts Water Technologies) Business Description

Traded in Other Exchanges
Address
815 Chestnut Street, North Andover, MA, USA, 01845
Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. The company's product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.
Executives
Kenneth Robert Lepage officer: General Counsel WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Shashank Patel officer: Chief Financial Officer 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Elie Melhem officer: President, Asia WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Joseph T Noonan director WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Timothy P Horne director, 10 percent owner WATTS INDUSTRIES INC, ROUTE 815 CHESTNUT ST, NORTH ANDOVER MA 01845
Pagano Robert J Jr officer: President and CEO WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST, NORTH ANDOVER MA 01845
Andre Dhawan officer: Chief Operating Officer WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845
Monica Barry officer: Chief HR Officer WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845
Munish Nanda officer: President, Americas 1133 WESTCHESTER AVENUE, C/O ITT CORPORATION, WHITE PLAINS NY 10604
Michael J. Dubose director WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845
Louise K Goeser director C/O PPL CORPORATION, TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Todd A Trapp officer: Chief Financial Officer C/O WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
David A. Dunbar director 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Jes Munk Hansen director 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Jennifer Congdon officer: Chief HR Officer WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845