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Atrion (Atrion) 3-Year Dividend Growth Rate

: 9.60% (As of Dec. 2023)
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Atrion's Dividends per Share for the three months ended in Dec. 2023 was $2.20.

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

ATRI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.6   Med: 14.65   Max: 45.5
Current: 9.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Atrion was 45.50% per year. The lowest was -20.60% per year. And the median was 14.65% per year.

ATRI's 3-Year Dividend Growth Rate is ranked worse than
58.29% of 175 companies
in the Medical Devices & Instruments industry
Industry Median: 12.3 vs ATRI: 9.60

During the past 12 months, Atrion's average Dividends Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.10% 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.

Atrion's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.65. As of today, Atrion's Dividend Yield % is 2.29%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Atrion Corp is 0.76, which seems too high.

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


Competitive Comparison

For the Medical Instruments & Supplies subindustry, Atrion'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.


Atrion 3-Year Dividend Growth Rate Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Atrion's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Atrion 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.


Atrion  (NAS:ATRI) 3-Year Dividend Growth Rate Explanation

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

Atrion'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 )
=2.2/ 3.386
=0.65

During the past 13 years, the highest Dividend Payout Ratio of Atrion was 0.76. The lowest was 0.20. And the median was 0.28.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Atrion Corp is 0.76, which seems too high.

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

Atrion Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 2.2002024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 2.2002023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 2.2002023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 2.1502023-06-142023-06-152023-06-30Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=8.75/382.95
=2.28 %

Current Share Price is $382.95.
Atrion's Dividends per Share for the trailing twelve months (TTM) ended in Today is $8.75.

During the past 13 years, the highest Dividend Yield of Atrion was 2.90%. The lowest was 0.58%. And the median was 0.86%.

* 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.


Atrion 3-Year Dividend Growth Rate Related Terms>


Atrion (Atrion) Business Description

Traded in Other Exchanges
N/A
Address
One Allentown Parkway, Allen, TX, USA, 75002-4211
Atrion Corp develops and manufactures products for medical applications. Its fluid-delivery products contribute the largest proportion of revenue and include valves that can hold and release controlled amounts of fluids or gases and are often used in anesthesia and oncology applications. Atrion's cardiovascular products include the MPS2 Myocardial Protection System, which delivers fluids and medications, mixes drugs, and controls temperature and pressure during open-heart surgery. The cardiovascular business also sells cardiac-surgery vacuum relief valves, inflation devices, and other products used in heart surgery. The firm's ophthalmic products include medical devices that disinfect contact lenses. Atrion generates the majority of revenue in the United States.
Executives
Preston G Athey director ONE ALLENTOWN PKWY, ALLEN TX 75002
David A Battat officer: President & CEO 2700 HALKEY-ROBERTS PLACE NORTH, ST. PETERSBURG FL 33716-4103
Jeannette Bankes director ONE ALLENTOWN PARKWAY, ONE ALLENTOWN PARKWAY, ALLEN TX 75002
Morgan Hugh J Jr director
Ronald Nicholas Spaulding director ONE ALLENTOWN PARKWAY, ALLEN TX 75002
Cindy Ferguson officer: Officer/ CFO ONE ALLENTOWN PARKWAY, ALLEN TX 75002
Jeffery Strickland officer: Vice President & CFO
Emile A Battat director, officer: Chairman ONE ALLENTOWN PARKWAY, ALLEN TX 75002
Maria Sainz director C/O ORTHOFIX INTERNATIONAL N. V., 3451 PLANO PARKWAY, LEWISVILLE TX 75056
Stupp John P Jr director STUPP JOHN P JR, #18 ST. ANDREWS DR., ST LOUIS MO 63124
Roger F Stebbing director
Ronald N Spaulding director C/O GUIDANT CORP, 111 MONUMENT CIRCLE #2900, INDIANAPOLIS IN 46204-5129
Richard O Jacobson director ONE ALLENTOWN PARKWAY, C/O ATRION, ALLEN TX 75002
Maley John H P director 6 ROCK CREST LANE, SIGNAL MOUNTAIN TN 37377
Margaret Maxwell Zagel director C/O TELLABS OPERATIONS INC, 4951 INDIANA AVE, LISLE IL 60532

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