The historical rank and industry rank for Marten Transport's 3-Year Dividend Growth Rate or its related term are showing as below:
MRTN'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 6.6 Med: 24 Max: 44.2
Current: 21.7
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Marten Transport was 44.20% per year. The lowest was 6.60% per year. And the median was 24.00% per year.
MRTN's 3-Year Dividend Growth Rate is ranked better than 61.02% of 354
companies
in the Transportation industry
Industry Median: 12.85
vs MRTN: 21.70
During the past 3 years, the average Dividends Per Share Growth Rate was 21.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 32.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 24.50% 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.
Marten Transport Ltd stock dividend yield is close to 10-year high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Marten Transport's 3-Year Dividend Growth Rate
For the Trucking subindustry, Marten Transport'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.
Marten Transport's 3-Year Dividend Growth Rate Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Marten Transport's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Marten Transport's 3-Year Dividend Growth Rate falls into.
Marten Transport 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.
Marten Transport (NAS:MRTN) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Marten Transport's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Marten Transport was 0.39. The lowest was 0.05. And the median was 0.12.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Marten Transport Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.060
2024-03-14
2024-03-15
2024-03-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.060
2023-12-14
2023-12-15
2023-12-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.060
2023-09-14
2023-09-15
2023-09-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.060
2023-06-15
2023-06-16
2023-06-30
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.
Marten Transport's Dividend Yield (%) for Today is calculated as
Current Share Price is $16.73.
Marten Transport's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.24.
During the past 13 years, the highest Dividend Yield of Marten Transport was 1.45%. The lowest was 0.29%. And the median was 0.54%.
Good Sign:
Marten Transport Ltd 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.
Marten Transport 3-Year Dividend Growth Rate Related Terms>
Marten Transport (Marten Transport) Business Description
Marten Transport Ltd is a temperature-sensitive truckload carrier in the United States. It is engaged in transporting and distributing food and other consumer packaged goods which requires a temperature-controlled or insulated environment. The company operates through four segments including Truckload, Dedicated, Intermodal, and Brokerage. It generates maximum revenue from the Truckload segment. The Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services.
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