GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ashland Inc (NYSE:ASH) » Definitions » 3-Year Dividend Growth Rate

Ashland (Ashland) 3-Year Dividend Growth Rate

: 9.40% (As of Dec. 2023)
View and export this data going back to 1950. Start your Free Trial

Ashland's Dividends per Share for the three months ended in Dec. 2023 was $0.39.

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

ASH' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -35.2   Med: 3.4   Max: 38.7
Current: 9.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ashland was 38.70% per year. The lowest was -35.20% per year. And the median was 3.40% per year.

ASH's 3-Year Dividend Growth Rate is ranked better than
50.36% of 697 companies
in the Chemicals industry
Industry Median: 9.1 vs ASH: 9.40

During the past 12 months, Ashland's average Dividends Per Share Growth Rate was 14.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.60% 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.

Ashland's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.86. As of today, Ashland's Dividend Yield % is 1.65%.

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


Competitive Comparison

For the Specialty Chemicals subindustry, Ashland'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.


Ashland 3-Year Dividend Growth Rate Distribution

For the Chemicals industry and Basic Materials sector, Ashland's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Ashland 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.


Ashland  (NYSE:ASH) 3-Year Dividend Growth Rate Explanation

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

Ashland'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 )
=0.385/ 0.45
=0.86

During the past 13 years, the highest Dividend Payout Ratio of Ashland was 1.52. The lowest was 0.29. And the median was 0.57.

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

Ashland Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3852024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3852023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3852023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3852023-05-312023-06-012023-06-15Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.54/95.49
=1.61 %

Current Share Price is $95.49.
Ashland's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.54.

During the past 13 years, the highest Dividend Yield of Ashland was 3.36%. The lowest was 1.05%. And the median was 1.61%.

* 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.


Ashland 3-Year Dividend Growth Rate Related Terms>


Ashland (Ashland) Business Description

Industry
Traded in Other Exchanges
Address
8145 Blazer Drive, Wilmington, DE, USA, 19808
Ashland Inc is a world-wide specialty materials company that serves a wide range of industrial markets. The company has a business-centric operating model and is organized into four distinct segments: life sciences, personal care, specialty additives, and intermediates. Key customers for the firm include pharmaceutical companies and manufacturers of personal care products, food and beverages, and nutraceuticals and supplements. The life sciences segment derives maximum revenue. Ashland includes only U.S. and Canada in its North America designation and includes Europe, the Middle East and Africa in its Europe designation.
Executives
Eric N Boni officer: Principal Accounting Officer 8145 BLAZER DRIVE, WILMINGTON DE 19808
J Kevin Willis officer: Chief Financial Officer 50 E RIVERCENTER BLVD, COVINGTON KY 41011
James P. Minicucci officer: SVP Strategy, M&A & Portfolio 5474 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017
Karl R. Bostaph officer: SVP Operations 5474 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017
Robin E. Lampkin officer: SVP, Gen. Counsel & Secretary 5475 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017
Sergio Pedreiro director 2 PARK AVENUE, NEW YORK NY 10016
Eileen Drury officer: SVP and Chief Human Resources 8145 BLAZER DRIVE, WILMINGTON DE 19808
Ricky C Sandler director, other: See Remarks 65 EAST 55TH STREET, 25TH FLOOR, NEW YORK NY 10022
Steven D Bishop director ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Suzan F. Harrison director 77 WEST WACKER DRIVE, SUITE 4600, CHICAGO IL 60601
Guillermo Novo director, officer: Chairman and CEO AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195
Winkler Von Mohrenfels Petra Yvonne officer: Sr. VP, GC and Secretary 8145 BLAZER DRIVE, WILMINGTON DE 19808
Min Chong officer: Sr VP & Gen Mgr, Spc Additives 8145 BLAZER DRIVE, WILMINGTON DE 19808
Osama M Musa officer: Sr. Vice President ASHLAND GLOBAL HOLDINGS INC, 1005 ROUTE 202/206, BRIDGEWATER NJ 08807
Swaminathan Ashok Kalyana officer: Sr VP & Gen Mgr, Life Sciences 8145 BLAZER DRIVE, WILMINGTON DE 19808