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Camden National (Camden National) 3-Year Dividend Growth Rate : 8.40% (As of Dec. 2023)


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What is Camden National 3-Year Dividend Growth Rate?

Camden National's Dividends per Share for the three months ended in Dec. 2023 was $0.42.

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

CAC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -3.1   Med: 6.3   Max: 19.2
Current: 8.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Camden National was 19.20% per year. The lowest was -3.10% per year. And the median was 6.30% per year.

CAC's 3-Year Dividend Growth Rate is ranked better than
54.71% of 775 companies
in the Banks industry
Industry Median: 7.4 vs CAC: 8.40

During the past 12 months, Camden National's average Dividends Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.00% 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.

Camden National's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.49. As of today, Camden National's Dividend Yield % is 5.51%.

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


Competitive Comparison of Camden National's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Camden National'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.


Camden National's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Camden National's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Camden National 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.


Camden National  (NAS:CAC) 3-Year Dividend Growth Rate Explanation

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

Camden National'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 )
=0.42/ 0.85
=0.49

During the past 13 years, the highest Dividend Payout Ratio of Camden National was 0.48. The lowest was 0.31. And the median was 0.33.

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

Camden National Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4202024-04-122024-04-152024-04-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.4202024-01-112024-01-152024-01-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.4202023-10-122023-10-132023-10-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.4202023-07-132023-07-142023-07-31Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.68/30.50
=5.51 %

Current Share Price is $30.50.
Camden National's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.68.

During the past 13 years, the highest Dividend Yield of Camden National was 6.19%. The lowest was 1.79%. And the median was 2.83%.

* 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.


Camden National 3-Year Dividend Growth Rate Related Terms>


Camden National (Camden National) Business Description

Traded in Other Exchanges
Address
2 Elm Street, Camden, ME, USA, 04843
Camden National Corporation is a banking solutions provider in the United States. Its core business is providing commercial banking products to individuals and corporates. Its consumer and commercial banking services entail services such as loans and deposits, savings and online banking, treasury management solutions and non-profit products to consumer, institutional, municipal, non-profit and commercial customers. The company also offers investment management and fiduciary services. In addition, it offers various other services which include lending to dentists, optometrists and veterinarians across the United States.
Executives
David Ackley officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
David C Flanagan director 2 ELM STREET, PO BOX 310, CAMDEN ME 04843
Robert D Merrill director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Rebecca Hatfield director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Renee Smyth officer: EVP 2 ELM STREET, PO BOX 310, CAMDEN ME 04843
Carl John Soderberg director 2 ELM STREET, POB 310, CAMDEN ME 04843
Craig N Denekas director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Marie J Mccarthy director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Lawrence J Sterrs director 2 ELM ST, POB 310, CAMDEN ME 04843
Gregory A Dufour director, officer: CEO
Michael R Archer officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Patricia A Rose officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Ryan A Smith officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Heather D Robinson officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
S. Catherine Longley director 2 ELM STREET, CAMDEN ME 04843