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Griffon (Griffon) 3-Year Dividend Growth Rate : 14.50% (As of Dec. 2023)


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What is Griffon 3-Year Dividend Growth Rate?

Griffon's Dividends per Share for the three months ended in Dec. 2023 was $0.15.

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

GFF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 4.6   Med: 14.5   Max: 26
Current: 14.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Griffon was 26.00% per year. The lowest was 4.60% per year. And the median was 14.50% per year.

GFF's 3-Year Dividend Growth Rate is ranked better than
63.84% of 224 companies
in the Conglomerates industry
Industry Median: 8.9 vs GFF: 14.50

During the past 12 months, Griffon's average Dividends Per Share Growth Rate was 35.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.60% 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.

Griffon's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.14. As of today, Griffon's Dividend Yield % is 0.82%.

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


Competitive Comparison of Griffon's 3-Year Dividend Growth Rate

For the Conglomerates subindustry, Griffon'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.


Griffon's 3-Year Dividend Growth Rate Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Griffon's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Griffon 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.


Griffon  (NYSE:GFF) 3-Year Dividend Growth Rate Explanation

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

Griffon'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 )
=0.15/ 1.07
=0.14

During the past 13 years, the highest Dividend Payout Ratio of Griffon was 0.62. The lowest was 0.09. And the median was 0.30.

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

Griffon Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1502024-02-282024-02-292024-03-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-11-272023-11-282023-12-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-08-222023-08-232023-09-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-05-242023-05-252023-06-15Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.55/68.27
=0.81 %

Current Share Price is $68.27.
Griffon's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.55.

During the past 13 years, the highest Dividend Yield of Griffon was 2.99%. The lowest was 0.67%. And the median was 1.12%.

* 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.


Griffon 3-Year Dividend Growth Rate Related Terms>


Griffon (Griffon) Business Description

Industry
Traded in Other Exchanges
Address
712 Fifth Avenue, 18th Floor, New York, NY, USA, 10019
Griffon Corp manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. It also provides non-powered landscaping products for homeowners and professionals. Its operating segments include Consumer and Professional Products and Home and Building Products. The company generates a majority of its revenue from the Home and Building Products segment.
Executives
Voss Value-oriented Special Situations Fund, Lp director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value Master Fund, L.p. director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value Master Fund, Lp director, other: See Remarks 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Travis W. Cocke director, other: See Remarks 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Advisors Gp, Llc director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Capital, Llc director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Michelle L Taylor director 712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 10019
Diao H.c. Charles director 1775 TYSONS BOULEVARD, TYSONS VA 22102
Lacy M. Johnson director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Louis J. Grabowsky director 6605 ABERDEEN, DALLAS TX 75230
Henry A Alpert director
Kevin F Sullivan director C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Jerome L Coben director 5482 WILSHIRE BLVD., #1579, LOS ANGELES CA 90036
Thomas Brosig director C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018
Seth L. Kaplan officer: Sr VP, Gen. Counsel and Secy 712 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10019

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