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Monro (MNRO) Forward Dividend Yield %

: 3.79% (As of Today)
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As of today (2024-04-16), the Forward Annual Dividend Yield of Monro is 3.79%.

As of today (2024-04-16), the Trailing Annual Dividend Yield of Monro is 3.79%.

MNRO's Forward Dividend Yield % is ranked better than
73.06% of 798 companies
in the Vehicles & Parts industry
Industry Median: 2.34 vs MNRO: 3.79

Monro's Dividends per Share for the three months ended in Dec. 2023 was $0.28.

During the past 12 months, Monro's average Dividends Per Share Growth Rate was 1.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Monro was 44.20% per year. The lowest was -4.10% per year. And the median was 14.10% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Auto Parts subindustry, Monro's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.


Monro Forward Dividend Yield % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Monro's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Monro's Forward Dividend Yield % falls into.



Monro Forward Dividend Yield % Calculation

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

Monro Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2802024-03-072024-03-082024-03-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.2802023-12-072023-12-082023-12-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.2802023-08-212023-08-222023-09-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.2802023-06-022023-06-052023-06-19Cash 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.

Monro's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.12/29.56
=3.79 %

Current Share Price is $29.56.
Monro's Dividends per Share for the forward twelve months is calculated as $0.28 * 4 = $1.12.

Monro's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.12/29.56
=3.79 %

Current Share Price is $29.56.
Monro's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.12.

* 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.


Monro  (NAS:MNRO) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Monro Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Monro's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Monro (MNRO) Business Description

Traded in Other Exchanges
Address
200 Holleder Parkway, Rochester, NY, USA, 14615
Monro Inc is a provider automobile service stations in the United States. Through its network of company-owned service stations, Monro Muffler Brake offers maintenance, repair, tire, and fleet management services for automobiles focused largely on undercar services such as brake, steering, exhaust, drivetrain, and suspension systems. Next to service stores, the company also offers tire stores specialised in tire replacement and service.
Executives
Michael T Broderick director, officer: CEO & President 26555 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48033
Hope B Woodhouse director 1601 UTICA AVENUE, SUITE 900, ST. LOUIS PARK MN 55416
John L Auerbach director 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Leah C. Johnson director 182 NORTH UNION AVENUE, FARMINGTON UT 84025
Stephen C Mccluski director 80 ARKAY DRIVE, HAUPPAUGE NY 11788
Nicholas P Hawryschuk officer: Vice President - Finance 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Matt Henson officer: Chief Human Resource Officer 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Peter J Solomon director C/O PETER J SOLOMON COMPANY, 520 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Brian D Odonnell officer: SVP - Training 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Robert E Mellor director SEVEN MADRONE AVE, KENTFIELD CA 94904
Robert Rajkowski officer: COO 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Donna Maxwell officer: CHRO 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Donald Glickman director 535 MADISON AVENUE, NEW YORK NY 10022
Maureen Mulholland officer: Senior VP, General Counsel C/O MONRO, INC., 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Raymond L Pickens officer: Divisional Vice President 6606 SWEET AIR LANE, ELDERSBURG MD 21784

Monro (MNRO) Headlines

From GuruFocus

Monro, Inc. to Participate at the Gabelli & Co. Conference

By Business Wire Business Wire 10-26-2022

Monro, Inc. Declares Quarterly Cash Dividend

By Business Wire Business Wire 02-09-2023

Monro, Inc. Declares Quarterly Cash Dividend

By Business Wire Business Wire 08-19-2022

Monro, Inc. Declares Quarterly Cash Dividend

By Business Wire 08-10-2023

Monro, Inc. Declares Quarterly Cash Dividend

By Business Wire Business Wire 11-22-2022