GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Graco Inc (NYSE:GGG) » Definitions » Dividend Payout Ratio

Graco (GGG) Dividend Payout Ratio

: 0.29 (As of Dec. 2023)
View and export this data going back to 1986. Start your Free Trial

Graco's dividend payout ratio for the months ended in Dec. 2023 was 0.29.

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

GGG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.33   Max: 0.37
Current: 0.31


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.

GGG's Dividend Payout Ratio is ranked better than
52.6% of 1675 companies
in the Industrial Products industry
Industry Median: 0.32 vs GGG: 0.31

As of today (2024-04-20), the Dividend Yield % of Graco is 1.10%.

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

Graco's Dividends per Share for the months ended in Dec. 2023 was $0.24.

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.

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.

The growth rate is calculated with least square regression.

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


Graco Dividend Payout Ratio Historical Data

The historical data trend for Graco'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.

Graco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.36 0.31 0.32 0.31

Graco 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 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 Premium Member Only Premium Member Only Premium Member Only 0.29 0.32 0.31 0.31 0.29

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Graco'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.


Graco Dividend Payout Ratio Distribution

For the Industrial Products industry and Industrials sector, Graco's Dividend Payout Ratio distribution charts can be found below:

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



Graco Dividend Payout Ratio Calculation

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

Graco's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.94/ 3.04
=0.31

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

* 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 (NYSE:GGG) 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.


Graco Dividend Payout Ratio Related Terms

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


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

From GuruFocus

Graco Finalizes Purchase of Land in Anoka, Minnesota

By Business Wire Business Wire 08-25-2022

Director Eric Etchart Sells 6,000 Shares of Graco Inc

By GuruFocus Research 11-04-2023

Graco Increases Quarterly Dividend 11.9 Percent

By Business Wire Business Wire 12-02-2022

CORRECTING and REPLACING Graco Increases Quarterly Dividend 11.9 Percent

By Business Wire Business Wire 12-02-2022

Graco Announces Regular Quarterly Dividend

By Business Wire Business Wire 02-17-2023

Graco Inc. Appoints Archie C. Black to the Board of Directors

By Business Wire Business Wire 12-02-2022

Graco Announces Regular Quarterly Dividend

By Business Wire 09-15-2023