SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'dividend_growth_3y' ALGT (Allegiant Travel Co) 3-Year Dividend Growth Rate
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Allegiant Travel Co (NAS:ALGT) » Definitions » 3-Year Dividend Growth Rate

Allegiant Travel Co (Allegiant Travel Co) 3-Year Dividend Growth Rate

: 19.70% (As of Dec. 2023)
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Allegiant Travel Co's Dividends per Share for the three months ended in Dec. 2023 was $0.60.

The historical rank and industry rank for Allegiant Travel Co's 3-Year Dividend Growth Rate or its related term are showing as below:

ALGT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -37   Med: 12.5   Max: 36.5
Current: 19.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Allegiant Travel Co was 36.50% per year. The lowest was -37.00% per year. And the median was 12.50% per year.

ALGT's 3-Year Dividend Growth Rate is ranked better than
58.26% of 357 companies
in the Transportation industry
Industry Median: 14.2 vs ALGT: 19.70

During the past 3 years, the average Dividends Per Share Growth Rate was 19.70% 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.

Allegiant Travel Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 5.46. As of today, Allegiant Travel Co's Dividend Yield % is 2.90%.

Good Sign:

Allegiant Travel Co stock dividend yield is close to 3-year high.

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

Competitive Comparison

For the Airlines subindustry, Allegiant Travel Co'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.

Allegiant Travel Co 3-Year Dividend Growth Rate Distribution

For the Transportation industry and Industrials sector, Allegiant Travel Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Allegiant Travel Co's 3-Year Dividend Growth Rate falls into.


Allegiant Travel Co 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.

Allegiant Travel Co  (NAS:ALGT) 3-Year Dividend Growth Rate Explanation

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

Allegiant Travel Co'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 )
=0.6/ 0.11
=5.45

During the past 13 years, the highest Dividend Payout Ratio of Allegiant Travel Co was 0.28. The lowest was 0.09. And the median was 0.19.

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

Allegiant Travel Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6002024-02-142024-02-152024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6002023-11-142023-11-152023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6002023-08-142023-08-152023-09-01Cash 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.

Allegiant Travel Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.8/61.76
=2.91 %

Current Share Price is $61.76.
Allegiant Travel Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.8.

During the past 13 years, the highest Dividend Yield of Allegiant Travel Co was 4.07%. The lowest was 0.14%. And the median was 1.66%.

Good Sign:

Allegiant Travel Co stock dividend yield is close to 3-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.

Allegiant Travel Co 3-Year Dividend Growth Rate Related Terms>

Allegiant Travel Co (Allegiant Travel Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Allegiant Travel Co (NAS:ALGT) » Definitions » 3-Year Dividend Growth Rate
Comparable Companies
ULCC ATSG SNCY HA SAVE JBLU HRBR FLYX SRFM MESA DAL DUB:RYA LUV NSE:INDIGO UAL SHSE:601111 SGX:C6L IST:THYAO SHSE:600029 LSE:IAG
Traded in Other Exchanges
N/A
Address
1201 North Town Center Drive, Las Vegas, NV, USA, 89144
Website
https://www.allegiant.com
Allegiant Travel Co provides travel services in the United States. It sells air transportation on a stand-alone basis or bundled with air-related and third-party services and products. Customers may also purchase fixed-fee flying arrangements to receive charter service on a year-round and ad hoc basis. Additionally, customers may purchase hotel rooms, ground transportation, and other attractions (for example, entertainment show tickets) to accommodate a trip. The company's operating segment includes Airline, Sunseeker Resort, and other non-airline. Customers purchase travel tickets at airport ticket counters, online, or through its telephone reservation center.
Executives
Scott Wayne Deangelo officer: EVP, Marketing 1201 N TOWN CENTER DRIVE, LAS VEGAS NV 89144
Keny Frank Wilper officer: Interim COO 1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Gary Ellmer director 448 LANG ROAD, PORTSMOUTH NH 03801
Gregory Clark Anderson officer: Chief Accounting Officer 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Wilson Robert Paul Iii officer: EVP and CIO 1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Drew Allen Wells officer: SVP, Chief Revenue Officer 1201 N. TOWN CENTER DRIVE, LAS VEGAS NV 89144
Scott Sheldon officer: Principal Accounting Officer 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Robert James Neal officer: CFO 1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Gallagher Maurice J Jr director, 10 percent owner, officer: CEO and President 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Rebecca Aretos officer: Principal Accounting Officer 1201 N. TOWN CENTER DRIVE., LAS VEGAS NV 89144
Sandra Douglass Morgan director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
John Redmond director 1201 N. TOWN CENTER DRIVE, LAS VEGAS NV 89144
Linda A Marvin officer: CFO and Managing Director 9057 WATERFIELD COURT, LAS VEGAS NV 89134
Charles W. Pollard director 50 CRESCENT AVENUE, SECOND CLIFF, SCITUATE MA 02066
Jude Bricker officer: SVP - Planning 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144