GURUFOCUS.COM » STOCK LIST » Technology » Software » Gen Digital Inc (NAS:GEN) » Definitions » Dividend Payout Ratio

Gen Digital (Gen Digital) Dividend Payout Ratio : 0.57 (As of Dec. 2023)


View and export this data going back to 1989. Start your Free Trial

What is Gen Digital Dividend Payout Ratio?

Gen Digital's dividend payout ratio for the months ended in Dec. 2023 was 0.57.

The historical rank and industry rank for Gen Digital's Dividend Payout Ratio or its related term are showing as below:

GEN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.69   Max: 14.29
Current: 0.36


During the past 13 years, the highest Dividend Payout Ratio of Gen Digital was 14.29. The lowest was 0.18. And the median was 0.69.

GEN's Dividend Payout Ratio is ranked worse than
50.42% of 837 companies
in the Software industry
Industry Median: 0.35 vs GEN: 0.36

As of today (2024-04-26), the Dividend Yield % of Gen Digital is 2.40%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Gen Digital was 3.61%. The lowest was 0.56%. And the median was 2.06%.

Gen Digital's Dividends per Share for the months ended in Dec. 2023 was $0.13.

During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gen Digital was 18.60% per year. The lowest was -20.60% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

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


Gen Digital Dividend Payout Ratio Historical Data

The historical data trend for Gen Digital's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Gen Digital Dividend Payout Ratio Chart

Gen Digital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 0.79 0.41 0.41 0.22

Gen Digital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.27 0.27 0.50 0.57

Competitive Comparison of Gen Digital's Dividend Payout Ratio

For the Software - Infrastructure subindustry, Gen Digital's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


Gen Digital's Dividend Payout Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Gen Digital's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Gen Digital's Dividend Payout Ratio falls into.



Gen Digital Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Gen Digital's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2023 )/ EPS without NRI (A: Mar. 2023 )
=0.5/ 2.269
=0.22

Gen Digital'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 )
=0.125/ 0.218
=0.57

* 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.


Gen Digital (NAS:GEN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Gen Digital Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Gen Digital's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gen Digital (Gen Digital) Business Description

Traded in Other Exchanges
Address
60 E. Rio Salado Parkway, Suite 1000, Tempe, AZ, USA, 85281
Gen is a cybersecurity pure-play that offers security, identity protection, and privacy solutions to individual consumers. The firm's cyber safety offerings, via brands such as Norton, Avast, and LifeLock, have long maintained their positions as some of the most recognizable consumer-focused security and identity-protection products.
Executives
Ondrej Vlcek officer: President 110 HIGH HOLBORN, LONDON X0 WC1V 6JS
Natalie Marie Derse officer: CFO 60 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Pavel Baudis director 110 HIGH HOLBORN, LONDON X0 WC1V 6JS
Peter A Feld director 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Emily Heath director 60 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Sherrese M Smith director C/O CABLE ONE, INC., 210 E EARLL DRIVE, PHOENIX AZ 85012
Matthew Charles Brown officer: VP, Finance & CAO 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Samir Kapuria officer: EVP, Cyber Security Services 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Eric Brandt director C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Bryan Seuk Ko officer: EVP, General Counsel and Secre 80 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Nora Denzel director C/O OVERLAND STORAGE, INC., 4820 OVERLAND AVENUE, SAN DIEGO CA 92123
Slp Iv Seal Ii Gp, L.l.c. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp Iv Seal Ii Holdings, L.p. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Vincent Pilette officer: EVP, Finance 303 VELOCITY WAY, FOSTER CITY CA 94404
Gregory S. Clark director, officer: CEO EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626