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Tootsie Roll Industries (Tootsie Roll Industries) Forward Dividend Yield %

: 1.18% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of Tootsie Roll Industries is 1.18%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of Tootsie Roll Industries is 1.16%.

TR's Forward Dividend Yield % is ranked worse than
79.26% of 1085 companies
in the Consumer Packaged Goods industry
Industry Median: 2.55 vs TR: 1.18

Tootsie Roll Industries's Dividends per Share for the three months ended in Dec. 2023 was $0.09.

During the past 12 months, Tootsie Roll Industries's average Dividends Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tootsie Roll Industries was 494.40% per year. The lowest was 2.80% per year. And the median was 5.90% 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 Confectioners subindustry, Tootsie Roll Industries'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.


Tootsie Roll Industries Forward Dividend Yield % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tootsie Roll Industries's Forward Dividend Yield % distribution charts can be found below:

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



Tootsie Roll Industries Forward Dividend Yield % Calculation

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

Tootsie Roll Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0902024-03-052024-03-062024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.0872023-12-192023-12-202024-01-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.0872023-10-062023-10-102023-10-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.0872023-06-162023-06-202023-07-06Cash 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.

Tootsie Roll Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.36/30.485
=1.18 %

Current Share Price is $30.485.
Tootsie Roll Industries's Dividends per Share for the forward twelve months is calculated as $0.09 * 4 = $0.36.

Tootsie Roll Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.351/30.485
=1.15 %

Current Share Price is $30.485.
Tootsie Roll Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.351.

* 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.


Tootsie Roll Industries  (NYSE:TR) 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.


Tootsie Roll Industries Forward Dividend Yield % Related Terms

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Tootsie Roll Industries (Tootsie Roll Industries) Business Description

Traded in Other Exchanges
Address
7401 South Cicero Avenue, Chicago, IL, USA, 60629
Tootsie Roll Industries Inc manufactures and sells candy products. Notable varieties include Tootsie Roll and Tootsie Pops, Charms, Blow-Pops, Dots, Junior Mints, Sugar Daddy and Sugar Babies, Andes, Dubble Bubble, and Razzles. The company sells its products to wholesale distributors and directly to retail stores. Geographically, it generates a majority of its revenue from the United States.
Executives
Henry G Mills officer: Vice President C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE, CHICAGO IL 60629
Leigh R Weiner 10 percent owner
Virginia L Gordon director C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE, CHICAGO IL 60629
Stephen Green officer: VP Manufacturing C/O TOOTAIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE., CHICAGO IL 60629
Ellen R Gordon director, 10 percent owner, officer: President
Lewis Brent Lana Jane director
Newlin John W. Jr. officer: Vice President-Mfg. C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVENUE, CHICAGO IL 60629
Barre A Seibert director C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE, CHICAGO IL 60629
G Howard Ember officer: CFO
John P Majors officer: VP-Logistics TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE., CHICAGO IL 60629
Melvin J Gordon director, 10 percent owner, officer: Chairman