Ingles Markets (Ingles Markets) 3-Year Dividend Growth Rate : -15.70% (As of Dec. 2023)

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What is Ingles Markets 3-Year Dividend Growth Rate?

Ingles Markets's Dividends per Share for the three months ended in Dec. 2023 was $0.17.

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

IMKTA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -15.7 Med: 7.7 Max: 44.2
Current: -15.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ingles Markets was 44.20% per year. The lowest was -15.70% per year. And the median was 7.70% per year.

IMKTA's 3-Year Dividend Growth Rate is ranked worse than
89.63% of 135 companies
in the Retail - Defensive industry
Industry Median: 7.4 vs IMKTA: -15.70

During the past 12 months, Ingles Markets's average Dividends Per Share Growth Rate was -25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -15.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.40% 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.

Ingles Markets's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.07. As of today, Ingles Markets's Dividend Yield % is 0.91%.

Good Sign:

Ingles Markets Inc stock dividend yield is close to 2-year high.

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

Competitive Comparison of Ingles Markets's 3-Year Dividend Growth Rate

For the Grocery Stores subindustry, Ingles Markets'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.

Ingles Markets's 3-Year Dividend Growth Rate Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ingles Markets's 3-Year Dividend Growth Rate distribution charts can be found below:

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

Ingles Markets 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.

Ingles Markets (NAS:IMKTA) 3-Year Dividend Growth Rate Explanation

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

Ingles Markets'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 )
	=	0.165	/	2.254
	=	0.07

During the past 13 years, the highest Dividend Payout Ratio of Ingles Markets was 0.37. The lowest was 0.05. And the median was 0.15.

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

Ingles Markets Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
USD 0.165	2024-04-10	2024-04-11	2024-04-18	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.165	2024-01-11	2024-01-12	2024-01-19	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.165	2023-10-11	2023-10-12	2023-10-19	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.165	2023-07-05	2023-07-06	2023-07-13	Cash Dividend	quarterly	USD: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.

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

Dividend Yield %	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.66	/	72.71
	=	0.91 %

Current Share Price is $72.71.
Ingles Markets's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.66.

During the past 13 years, the highest Dividend Yield of Ingles Markets was 3.48%. The lowest was 0.56%. And the median was 1.65%.

Good Sign:

Ingles Markets Inc stock dividend yield is close to 2-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.

Ingles Markets 3-Year Dividend Growth Rate Related Terms>

Ingles Markets (Ingles Markets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ingles Markets Inc (NAS:IMKTA) » Definitions » 3-Year Dividend Growth Rate

Comparable Companies

Traded in Other Exchanges

IN3A:Germany

Address

2913 U.S. Highway 70 West, Black Mountain, NC, USA, 28711

Website

https://www.ingles-markets.com

Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.

Executives

Sharp Laura Ingle	director	2913 U.S. HWY. 70 WEST, BLACK MOUNTAIN NC 28711
Michael David Hogan	officer: President of Subsidiary Milkco	C/O INGLES MARKETS, INCORPORATED, P.O. BOX 6676, ASHEVILLE NC 28816
Patricia Jackson	officer: CFO	P.O. BOX 6676, ASHEVILLE NC 28816
James W Lanning	director, officer: President, other: Profit Sharing Plan Trustee
John R Lowden	director	140 GREENWICH AVE, GREENWICH CT 06830
Ernest E. Ferguson	director	P.O. BOX 6676, ASHEVILLE NC 28816
Fred Ayers	director	2913 US HIGHWAY 70 WEST, BLACK MOUNTAIN NC 28711
Brenda S Tudor	director, officer: VP Finance, Treasurer, CFO
L. Keith Collins	director	P.O. BOX 6676, ASHEVILLE NC 28816
Laura Anne Laxton Ingle 2011 Irrevocable Trust Dated September 8, 2011	10 percent owner	P.O. BOX 6676, ASHEVILLE NC 28816
Robert Ingle, Sr. Administrative Trust Uta Robert Pierce Ingle Living Trust Dated December 24, 2010	10 percent owner	2913 US HIGHWAY 70 WEST, BLACK MOUNTAIN NC 28711
Robert P Ingle	director, officer: Chairman and CEO, other: Profit Sharing Plan Trustee
Ingles Markets Inc Investment/profit Sharing Plan Trust	10 percent owner
Ronald B Freeman	director, officer: Chief Financial Officer, other: Profit Sharing Plan Trustee	P.O. BOX 6676, ASHEVILLE NC 28816
Ingle Robert P Ii	director, officer: VP - Operations	PO BOX 6676, ASHEVILLE NC 28816