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Ross Stores (Ross Stores) 3-Year Dividend Growth Rate

: 67.50% (As of Jan. 2024)
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Ross Stores's Dividends per Share for the three months ended in Jan. 2024 was $0.34.

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

ROST' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -23.6   Med: 21.5   Max: 67.5
Current: 67.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ross Stores was 67.50% per year. The lowest was -23.60% per year. And the median was 21.50% per year.

ROST's 3-Year Dividend Growth Rate is ranked better than
96.91% of 388 companies
in the Retail - Cyclical industry
Industry Median: 11.1 vs ROST: 67.50

During the past 12 months, Ross Stores's average Dividends Per Share Growth Rate was 8.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 67.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.80% 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.

Ross Stores's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.18. As of today, Ross Stores's Dividend Yield % is 1.02%.

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


Competitive Comparison

For the Apparel Retail subindustry, Ross Stores'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.


Ross Stores 3-Year Dividend Growth Rate Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Ross Stores's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Ross Stores 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.


Ross Stores  (NAS:ROST) 3-Year Dividend Growth Rate Explanation

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

Ross Stores'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 )
=0.335/ 1.82
=0.18

During the past 13 years, the highest Dividend Payout Ratio of Ross Stores was 1.19. The lowest was 0.18. And the median was 0.22.

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

Ross Stores Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3682024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3352023-12-042023-12-052023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3352023-09-012023-09-052023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3352023-06-052023-06-062023-06-30Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.373/131.77
=1.04 %

Current Share Price is $131.77.
Ross Stores's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.373.

During the past 13 years, the highest Dividend Yield of Ross Stores was 1.63%. The lowest was 0.21%. And the median was 0.89%.

* 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.


Ross Stores 3-Year Dividend Growth Rate Related Terms>


Ross Stores (Ross Stores) Business Description

Address
5130 Hacienda Drive, Dublin, CA, USA, 94568-7579
Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. The firm opportunistically procures excess brand-name merchandise made available via manufacturing overruns and retail liquidation sales at a 20%-60% discount to full prices. As such, its stores are frequently filled with a vast array of stock-keeping units, each with minimal product depth that creates a treasure hunt shopping experience. The firm's more than 1,750 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates nearly 350 DD's Discounts chains that target lower-income shoppers.
Executives
Stephen C Brinkley officer: PRESIDENT, OPERATIONS 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael K Kobayashi officer: SR VP, CIO 5130 HACIENDA DRIVE, DUBLIN CA 94568
Barbara Rentler director, officer: Chief Executive Officer 5130 HACIENDA DRIVE, DUBLIN CA 94568
Brian R. Morrow officer: President, Merchandising 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael J. Hartshorn officer: S.V.P. Chief Financial Officer 5130 HACIENDA DRIVE, DUBLIN CA 94568
Jeffrey P Burrill officer: SVP, CAO & CORP CONTROLLER 5130 HACIENDA DRIVE, DUBLIN CA 94568
Edward G Cannizzaro director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael J Bush director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Adam M Orvos officer: EVP, Chief Financial Officer 5130 HACIENDA DRIVE, DUBLIN CA 94566
George Orban director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael Balmuth director, officer: CEO 5130 HACIENDA DRIVE, DUBLIN CA 94568
Travis Marquette officer: GSVP, Chief Financial Officer 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Doniel Sutton director C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Larree M Renda director
Patricia H Mueller director 2481 MANANA DRIVE, DALLAS TX 75220

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