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Zoetis (Zoetis) 3-Year Dividend Growth Rate

: 23.30% (As of Dec. 2023)
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Zoetis's Dividends per Share for the three months ended in Dec. 2023 was $0.38.

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

ZTS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 13.4   Med: 23.65   Max: 25.7
Current: 23.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zoetis was 25.70% per year. The lowest was 13.40% per year. And the median was 23.65% per year.

ZTS's 3-Year Dividend Growth Rate is ranked better than
73.91% of 322 companies
in the Drug Manufacturers industry
Industry Median: 8.9 vs ZTS: 23.30

During the past 12 months, Zoetis's average Dividends Per Share Growth Rate was 15.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 23.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 24.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 21.60% 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.

Zoetis's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.30. As of today, Zoetis's Dividend Yield % is 1.03%.

Good Sign:

Zoetis Inc stock dividend yield is close to 10-year high.

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


Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Zoetis'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.


Zoetis 3-Year Dividend Growth Rate Distribution

For the Drug Manufacturers industry and Healthcare sector, Zoetis's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Zoetis 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.


Zoetis  (NYSE:ZTS) 3-Year Dividend Growth Rate Explanation

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

Zoetis'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 )
=0.375/ 1.24
=0.30

During the past 13 years, the highest Dividend Payout Ratio of Zoetis was 0.28. The lowest was 0.16. And the median was 0.20.

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

Zoetis Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4322024-01-182024-01-192024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3752023-10-312023-11-012023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3752023-07-202023-07-212023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3752023-04-202023-04-212023-06-01Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.557/149.77
=1.04 %

Current Share Price is $149.77.
Zoetis's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.557.

During the past 13 years, the highest Dividend Yield of Zoetis was 1.04%. The lowest was 0.20%. And the median was 0.63%.

Good Sign:

Zoetis Inc 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.


Zoetis 3-Year Dividend Growth Rate Related Terms>


Zoetis (Zoetis) Business Description

Industry
Address
10 Sylvan Way, Parsippany, NJ, USA, 07054
Zoetis sells anti-infectives, vaccines, parasiticides, diagnostics, and other health products for animals. The firm earns roughly 35% of total revenue from production animals (cattle, pigs, poultry, and so on), and nearly 65% from companion animal (dogs, horses, cats) products. Its U.S. business is heavily skewed toward companion animals, while its international business is slightly skewed toward production animals. The firm has the largest market share in the industry and was previously Pfizer's animal health unit.
Executives
Roxanne Lagano officer: Executive Vice President C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
Kristin C Peck officer: Executive Vice President C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
Heidi C. Chen officer: Executive Vice President C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
Robert J Polzer officer: Executive Vice President C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
Soria Ester Banque officer: Executive Vice President C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
Rimma Driscoll officer: Executive Vice President C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
Jamie Brannan officer: Executive Vice President C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
Vanessa Broadhurst director ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Willie M Reed director C/O ZOETIS, 100 CAMPUS DRIVE, FLORHAM PARK NJ 07932
Nicholas Ashton officer: Executive Vice President C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
Roman Trawicki officer: Executive Vice President C/O ZOETIS INC., 100 CAMPUS DRIVE, FLORHAM PARK NJ 07932
Glenn David officer: SVP and Acting CFO C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
Astorga Jeannette Ferran officer: Executive Vice President C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
Catherine A. Knupp officer: Executive Vice President C/O ZOETIS INC., 100 CAMPUS DRIVE, FLORHAM PARK NJ 07940
Gregory Norden director 16640 CHESTERFIELD GROVE DRIVE, SUITE 200, CHESTERFIELD MO 63005

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