GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equinix Inc (NAS:EQIX) » Definitions » 3-Year Dividend Growth Rate

Equinix (Equinix) 3-Year Dividend Growth Rate

: 10.80% (As of Dec. 2023)
View and export this data going back to 2000. Start your Free Trial

Equinix's Dividends per Share for the three months ended in Dec. 2023 was $4.26.

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

EQIX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 8   Med: 10.25   Max: 12
Current: 10.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Equinix was 12.00% per year. The lowest was 8.00% per year. And the median was 10.25% per year.

EQIX's 3-Year Dividend Growth Rate is ranked better than
77.32% of 507 companies
in the REITs industry
Industry Median: 2.1 vs EQIX: 10.80

During the past 12 months, Equinix's average Dividends Per Share Growth Rate was 16.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.20% 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.

Equinix's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.74. As of today, Equinix's Dividend Yield % is 2.09%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Equinix Inc is 1.40, which seems too high.

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


Competitive Comparison

For the REIT - Specialty subindustry, Equinix'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.


Equinix 3-Year Dividend Growth Rate Distribution

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

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



Equinix 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.


Equinix  (NAS:EQIX) 3-Year Dividend Growth Rate Explanation

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

Equinix'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 )
=4.26/ 2.451
=1.74

During the past 13 years, the highest Dividend Payout Ratio of Equinix was 3.27. The lowest was 1.40. And the median was 1.72.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Equinix Inc is 1.40, which seems too high.

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

Equinix Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 4.2602024-02-272024-02-282024-03-20Cash DividendquarterlyUSD:USD 1.000000
USD 4.2602023-11-142023-11-152023-12-13Cash DividendquarterlyUSD:USD 1.000000
USD 3.4102023-08-222023-08-232023-09-20Cash DividendquarterlyUSD:USD 1.000000
USD 3.4102023-05-232023-05-242023-06-21Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=15.34/740.00
=2.07 %

Current Share Price is $740.00.
Equinix's Dividends per Share for the trailing twelve months (TTM) ended in Today is $15.34.

During the past 13 years, the highest Dividend Yield of Equinix was 2.58%. The lowest was 0.63%. And the median was 1.72%.

* 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.


Equinix 3-Year Dividend Growth Rate Related Terms>


Equinix (Equinix) Business Description

Industry
Traded in Other Exchanges
Address
One Lagoon Drive, Redwood City, CA, USA, 94065
Equinix operates 248 data centers in 71 markets worldwide. It generates 46% of total revenue in the Americas, 32% in Europe, the Middle East, and Africa, and 22% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.
Executives
Charles J Meyers officer: CEO and President 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Scott Crenshaw officer: EVP, GM Digital Services ONE FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78133
Keith D Taylor officer: VP Finance, CAO 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Brandi Galvin officer: General Counsel 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Michael Earl Campbell officer: Chief Sales Officer 1 LAGOON DRIVE, REDWOOD CITY CA 94065
Jonathan Lin officer: EVP, GM, Data Center Services C/O EQUINIX, INC., ONE LAGOON DRIVE, REDWOOD CITY CA 94065
Camp Peter Van director, officer: Chief Executive Officer C/O PACKETEER INC, 10201 N DEANZA BLVD, CUPERTINO CA 95014
Gary Hromadko director, 10 percent owner, other: Affiliate of Director 301 VELOCITY WAY 5TH FLOOR, FOSTER CITY CA 94404
Christopher B Paisley director 14870 THREE OAKS COURT, SARATOGA CA 95070
Simon Miller officer: Chief Accounting Officer 1 LAGOON DR, REDWOOD CITY CA 94065
Fidelma Russo director C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Karl Strohmeyer officer: Chief Customer & Rev Officer ONE LAGOON DRIVE, 4TH FLOOR, REDWOOD CITY CA 94065
Thomas S Olinger director C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Jeetendra I Patel director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Ron Guerrier director C/O EXPRESS SCRIPTS HOLDING COMPANY, ONE EXPRESS WAY, ST. LOUIS MO 63121

Equinix (Equinix) Headlines