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Metro (MTRAF) 5-Year Dividend Growth Rate : 10.10% (As of Mar. 2024)


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What is Metro 5-Year Dividend Growth Rate?

Metro's Dividends per Share for the three months ended in Mar. 2024 was $0.25.

During the past 12 months, Metro's average Dividends Per Share Growth Rate was 10.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.80% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Metro was 23.00% per year. The lowest was 1.00% per year. And the median was 15.20% per year.

Metro's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.37. As of today, Metro's Dividend Yield % is 1.77%.

Good Sign:

Metro Inc stock dividend yield is close to 10-year high.

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


Competitive Comparison of Metro's 5-Year Dividend Growth Rate

For the Grocery Stores subindustry, Metro's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


Metro's 5-Year Dividend Growth Rate Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Metro's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Metro's 5-Year Dividend Growth Rate falls into.



Metro 5-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 least square regression.

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.


Metro  (OTCPK:MTRAF) 5-Year Dividend Growth Rate Explanation

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

Metro's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.247/ 0.672
=0.37

During the past 13 years, the highest Dividend Payout Ratio of Metro was 0.29. The lowest was 0.21. And the median was 0.26.

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

Metro Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.3352024-02-142024-02-152024-03-12Cash DividendquarterlyCAD: 1.000000
CAD 0.3032023-10-262023-10-272023-11-14Cash DividendquarterlyCAD: 1.000000
CAD 0.3032023-08-292023-08-302023-09-20Cash DividendquarterlyCAD: 1.000000
CAD 0.3032023-05-092023-05-102023-05-30Cash DividendquarterlyCAD: 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.

Metro's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.244/51.786
=2.40 %

Current Share Price is $51.786.
Metro's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.244.

During the past 13 years, the highest Dividend Yield of Metro was 1.81%. The lowest was 1.05%. And the median was 1.45%.

Good Sign:

Metro Inc stock dividend yield is close to 10-year high.

* 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.


Metro 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Metro's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Metro (MTRAF) Business Description

Traded in Other Exchanges
Address
11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6
Metro is the third-largest grocery retailer in Canada (behind Loblaw and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaw and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in the provinces of Quebec and Ontario, with no presence in western Canada.

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