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CTO Realty Growth (CTO Realty Growth) 3-Year Dividend Growth Rate

: 33.90% (As of Dec. 2023)
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CTO Realty Growth's Dividends per Share for the three months ended in Dec. 2023 was $0.38.

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

CTO' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -53.9   Med: 15.7   Max: 145.6
Current: 33.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CTO Realty Growth was 145.60% per year. The lowest was -53.90% per year. And the median was 15.70% per year.

CTO's 3-Year Dividend Growth Rate is ranked better than
91.52% of 507 companies
in the REITs industry
Industry Median: 2.1 vs CTO: 33.90

During the past 12 months, CTO Realty Growth'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 33.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 86.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 67.10% 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.

CTO Realty Growth's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.46. As of today, CTO Realty Growth's Dividend Yield % is 8.87%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of CTO Realty Growth Inc is 38.00, which seems too high.

Good Sign:

CTO Realty Growth Inc stock dividend yield is close to 10-year high.

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


Competitive Comparison

For the REIT - Diversified subindustry, CTO Realty Growth'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.


CTO Realty Growth 3-Year Dividend Growth Rate Distribution

For the REITs industry and Real Estate sector, CTO Realty Growth's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where CTO Realty Growth's 3-Year Dividend Growth Rate falls into.



CTO Realty Growth 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.


CTO Realty Growth  (NYSE:CTO) 3-Year Dividend Growth Rate Explanation

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

CTO Realty Growth's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ Earnings per Share (Diluted) (Q: Dec. 2023 )
=0.38/ 0.26
=1.46

During the past 13 years, the highest Dividend Payout Ratio of CTO Realty Growth was 50.67. The lowest was 0.02. And the median was 0.08.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of CTO Realty Growth Inc is 38.00, which seems too high.

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

CTO Realty Growth Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3802024-03-132024-03-142024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.3802023-12-132023-12-142023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3802023-09-132023-09-142023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3802023-06-072023-06-082023-06-30Cash 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.

CTO Realty Growth's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.52/17.09
=8.89 %

Current Share Price is $17.09.
CTO Realty Growth's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.52.

During the past 13 years, the highest Dividend Yield of CTO Realty Growth was 9.61%. The lowest was 0.10%. And the median was 0.41%.

Good Sign:

CTO Realty Growth 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.


CTO Realty Growth 3-Year Dividend Growth Rate Related Terms>


CTO Realty Growth (CTO Realty Growth) Business Description

Industry
Traded in Other Exchanges
Address
369 N. New York Avenue, Suite 201, Winter Park, FL, USA, 32789
CTO Realty Growth Inc is a Florida-based real estate investment trust company, which owns income properties comprised of approximately 2.7 million square feet in diversified markets in the United States. Its portfolio of assets consists of Income Properties Portfolio, management services, Commercial Loan and Investments.
Executives
John P Albright officer: President & CEO PO BOX 10809, DAYTONA BEACH FL 32120
Matthew Morris Partridge officer: SR. VP & CFO 70 E. LONG LAKE, BLOOMFIELD HILLS MI 48304
Daniel Earl Smith officer: SVP, GEN COUNSEL & CORP SECRET P.O. BOX 10809, DAYTONA BEACH FL 32120
Steven Robert Greathouse officer: SVP-INVESTMENTS PO BOX 10809, DAYTONA BEACH FL 32120
Robert Blakeslee Gable director PO BOX 10809, DAYTONA BEACH FL 32120
George R Brokaw director DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112
Lisa Vorakoun officer: VP & CHIEF ACCOUNTING OFFICER 1140 N. WILLIAMSON BLVD., SUITE 140, DAYTONA BEACH FL 32114
Christopher J Drew director PO BOX 10809, DAYTONA BEACH FL 32120
Christopher W Haga director PO BOX 10809, DAYTONA BEACH FL 32120
Laura M Franklin director CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Casey R Wold director C/O CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Howard C Serkin director 712 SPINAKERS REACH, PONTE VEDRA FL 32082
Mark E Patten officer: Sr. VP & CFO PO BOX 10809, DAYTONA BEACH FL 32120
Wintergreen Fund, Inc. 10 percent owner 500 INTERNATIONAL DRIVE, SUITE 275, MOUNT OLIVE NJ 07828
William L. Olivari director 141 SAGE BRUSH TRAIL, STE. D, ORMOND BEACH FL 32174