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Camden Property Trust (Camden Property Trust) 3-Year Dividend Growth Rate

: 6.40% (As of Dec. 2023)
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Camden Property Trust's Dividends per Share for the three months ended in Dec. 2023 was $1.00.

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

CPT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -13.3   Med: 3.4   Max: 40.8
Current: 6.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Camden Property Trust was 40.80% per year. The lowest was -13.30% per year. And the median was 3.40% per year.

CPT's 3-Year Dividend Growth Rate is ranked better than
69.49% of 508 companies
in the REITs industry
Industry Median: 2.1 vs CPT: 6.40

During the past 12 months, Camden Property Trust's average Dividends Per Share Growth Rate was 6.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% 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.

Camden Property Trust's Dividend Payout Ratio for the three months ended in Dec. 2023 was 2.42. As of today, Camden Property Trust's Dividend Yield % is 4.18%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Camden Property Trust is 2.41, which seems too high.

Good Sign:

Camden Property Trust stock dividend yield is close to 10-year high.

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


Competitive Comparison

For the REIT - Residential subindustry, Camden Property Trust'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.


Camden Property Trust 3-Year Dividend Growth Rate Distribution

For the REITs industry and Real Estate sector, Camden Property Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Camden Property Trust 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.


Camden Property Trust  (NYSE:CPT) 3-Year Dividend Growth Rate Explanation

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

Camden Property Trust'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 )
=1/ 0.413
=2.42

During the past 13 years, the highest Dividend Payout Ratio of Camden Property Trust was 2.78. The lowest was 1.74. And the median was 2.04.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Camden Property Trust is 2.41, which seems too high.

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

Camden Property Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.0302024-03-272024-03-292024-04-17Cash DividendquarterlyUSD:USD 1.000000
USD 1.0002023-12-142023-12-152024-01-17Cash DividendquarterlyUSD:USD 1.000000
USD 1.0002023-09-282023-09-292023-10-17Cash DividendquarterlyUSD:USD 1.000000
USD 1.0002023-06-292023-06-302023-07-17Cash 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.

Camden Property Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.03/96.60
=4.17 %

Current Share Price is $96.60.
Camden Property Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.03.

During the past 13 years, the highest Dividend Yield of Camden Property Trust was 4.69%. The lowest was 1.86%. And the median was 3.43%.

Good Sign:

Camden Property Trust 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.


Camden Property Trust 3-Year Dividend Growth Rate Related Terms>


Camden Property Trust (Camden Property Trust) Business Description

Industry
Traded in Other Exchanges
Address
11 Greenway Plaza, Suite 2400, Houston, TX, USA, 77046
Camden Property Trust is a real estate investment trust primarily engaged in the acquisition, management, and development of multifamily apartment communities across the United States. The company's real estate portfolio consists primarily of apartment properties throughout the Sun Belt. Houston, Dallas, Las Vegas, and Atlanta represent some of Camden's largest housing markets in terms of apartment units. The firm derives nearly all of its revenue from the leasing of properties to tenants through short-term agreements. Camden Property derives the majority of its revenue from the Washington D.C., Los Angeles, Houston, Atlanta, and southeastern Florida areas.
Executives
Alexander J. Jessett officer: Senior VP - Finance 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
William W. Sengelmann officer: SVP - Real Estate Investments 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Heather J. Brunner director 3900 N. CAPITAL OF TEXAS HIGHWAY, SUITE 300, AUSTIN TX 78746
Richard J Campo director, officer: Chairman and CEO C/O CAMDEN PROPERTY TRUST, 3 GREENWAY PLAZA STE 1300, HOUSTON TX 77046
Frances Aldrich Sevilla-sacasa director 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Michael P Gallagher officer: Vp & CAO 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Kelvin R Westbrook director MILLENNIUM DIGITAL MEDIA SYSTEMS L.L.C., 16305 SWINGLEY RIDGE ROAD, SUITE 100, ST. LOUIS MO 63017
Javier Benito director STARWOOD HOTELS & RESORTS WORLDWIDE, INC, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
D Keith Oden director, officer: President and COO C/O CAMDEN PROPERTY TRUST, 3 GREENWAY PLAZA STE 1300, HOUSTON TX 77046
Laurie Baker officer: SVP, Fund & Asset Management 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
H Malcolm Stewart officer: Executive Vice President C/O CAMDEN PROPERTY TRUST, 3 GREENWAY PLAZASTE 1300, HOUSTON TX 77046
Scott S Ingraham director
William F Paulsen director 400 NORTH CHURCH STREET, 213, CHARLOTTE NC 28202
Mark Gibson director C/O HFF, INC., 429 FOURTH AVENUE, SUITE 200, PITTSBURGH PA 15219
William B Mcguire director 1227 SCOTLAND AVE, CHARLOTTE NC 28207

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