GURUFOCUS.COM » STOCK LIST » Technology » Software » Bytes Technology Group PLC (LSE:BYIT) » Definitions » 3-Year Dividend Growth Rate

Bytes Technology Group (LSE:BYIT) 3-Year Dividend Growth Rate : 0.00% (As of Feb. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Bytes Technology Group 3-Year Dividend Growth Rate?

Bytes Technology Group's Dividends per Share for the six months ended in Feb. 2024 was £0.03.

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

LSE:BYIT's 3-Year Dividend Growth Rate is not ranked *
in the Software industry.
Industry Median: 14.5
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Bytes Technology Group's average Dividends Per Share Growth Rate was 18.20% 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.

Bytes Technology Group's Dividend Payout Ratio for the six months ended in Feb. 2024 was 0.28. As of today, Bytes Technology Group's Dividend Yield % is 1.32%.

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


Competitive Comparison of Bytes Technology Group's 3-Year Dividend Growth Rate

For the Software - Infrastructure subindustry, Bytes Technology Group'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.


Bytes Technology Group's 3-Year Dividend Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, Bytes Technology Group's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Bytes Technology Group 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.


Bytes Technology Group  (LSE:BYIT) 3-Year Dividend Growth Rate Explanation

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

Bytes Technology Group's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.027/ 0.098
=0.28

During the past 7 years, the highest Dividend Payout Ratio of Bytes Technology Group was 0.38. The lowest was 0.13. And the median was 0.36.

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

Bytes Technology Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
GBP 0.0270002023-11-162023-11-172023-12-01Cash Dividendsemi-annuallyGBP:GBP 1.000000
GBP 0.0510002023-07-202023-07-212023-08-04Cash Dividendsemi-annuallyGBP:GBP 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.

Bytes Technology Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.078/5.89
=1.32 %

Current Share Price is £5.89.
Bytes Technology Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.078.

During the past 7 years, the highest Dividend Yield of Bytes Technology Group was 1.79%. The lowest was 0.30%. And the median was 1.09%.

* 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.


Bytes Technology Group 3-Year Dividend Growth Rate Related Terms>


Bytes Technology Group (LSE:BYIT) Business Description

Traded in Other Exchanges
Address
Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW
Bytes Technology Group PLC provides IT solutions and services, offering software, hardware and cloud services. It enables effective and cost-efficient technology sourcing, adoption and management across software, security and cloud services. The company's brands include Bytes Software Services (BSS) and Phoenix Software. It generates a majority of its revenue from Software.

Bytes Technology Group (LSE:BYIT) Headlines

No Headlines