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Hurco (HURC) 3-Year Dividend Growth Rate : 7.30% (As of Jan. 2024)


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What is Hurco 3-Year Dividend Growth Rate?

Hurco's Dividends per Share for the three months ended in Jan. 2024 was $0.16.

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

HURC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 7.3   Med: 10.3   Max: 51.8
Current: 7.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hurco was 51.80% per year. The lowest was 7.30% per year. And the median was 10.30% per year.

HURC's 3-Year Dividend Growth Rate is ranked worse than
59.01% of 1110 companies
in the Industrial Products industry
Industry Median: 11.15 vs HURC: 7.30

During the past 12 months, Hurco's average Dividends Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.80% 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.

Hurco's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.00. As of today, Hurco's Dividend Yield % is 3.47%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hurco Companies Inc is 3.20, which seems too high.

Good Sign:

Hurco Companies Inc stock dividend yield is close to 10-year high.

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


Competitive Comparison of Hurco's 3-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Hurco'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.


Hurco's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hurco's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Hurco 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.


Hurco  (NAS:HURC) 3-Year Dividend Growth Rate Explanation

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

Hurco's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.16/ -0.257
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Hurco was 3.20. The lowest was 0.11. And the median was 0.18.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hurco Companies Inc is 3.20, which seems too high.

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

Hurco Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1602024-03-272024-03-292024-04-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-12-292024-01-022024-01-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-09-292023-10-022023-10-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-06-232023-06-262023-07-10Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.64/18.47
=3.47 %

Current Share Price is $18.47.
Hurco's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.64.

During the past 13 years, the highest Dividend Yield of Hurco was 3.47%. The lowest was 0.17%. And the median was 1.23%.

Good Sign:

Hurco Companies 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.


Hurco 3-Year Dividend Growth Rate Related Terms>


Hurco (HURC) Business Description

Traded in Other Exchanges
Address
One Technology Way, Indianapolis, IN, USA, 46268
Hurco Companies Inc is a United States-based industrial technology company. It designs, manufactures, and sells computerized machine tools, consisting mainly of vertical machining centers and turning centers, to companies in the metal working industry through sales, service and distribution network. The company concentrated on designing user-friendly computer control systems that can be operated by both skilled and unskilled machine tool operators. It generates maximum revenue from the Computerized Machine Tools product. Geographically, It derives a majority of revenue from the United States of America. Its product categories include 5-Axis VMC; 3-Axis VMC; Horizontal MC and Turning Centers.
Executives
Michael Doar director, officer: Chairman & CEO ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Jonathon D. Wright officer: General Counsel/Corp Secretary ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC>, INDIANAPOLIS IN 46268
Richard R. Porter director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Haiquynh Jamison officer: Corporate Controller ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC., INDIANAPOLIS IN 46268
Gregory S Volovic officer: EVP-Technology and Operations ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Sonja K Mcclelland officer: Chief Financial Officer ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Thomas A. Aaro director C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Timothy J Gardner director 3600 WEST LAKE AVENUE, GLENVIEW IL 60026
Robert W Cruickshank director
Cynthia S Dubin director 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Janaki Sivanesan director 575 MADISON AVENUE, NEW YORK NY 10022
Jay C. Longbottom director C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Andrew Sheeley Niner director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald G. Strackbein director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268

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