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Lithia Motors (Lithia Motors) 3-Year Dividend Growth Rate

: 16.30% (As of Dec. 2023)
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Lithia Motors's Dividends per Share for the three months ended in Dec. 2023 was $0.50.

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

LAD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -35.5   Med: 15.4   Max: 54.9
Current: 16.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lithia Motors was 54.90% per year. The lowest was -35.50% per year. And the median was 15.40% per year.

LAD's 3-Year Dividend Growth Rate is ranked better than
64.42% of 534 companies
in the Vehicles & Parts industry
Industry Median: 9.9 vs LAD: 16.30

During the past 12 months, Lithia Motors's average Dividends Per Share Growth Rate was 19.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.60% 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.

Lithia Motors's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.06. As of today, Lithia Motors's Dividend Yield % is 0.77%.

Good Sign:

Lithia Motors Inc stock dividend yield is close to 3-year high.

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


Competitive Comparison

For the Auto & Truck Dealerships subindustry, Lithia Motors'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.


Lithia Motors 3-Year Dividend Growth Rate Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Lithia Motors's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Lithia Motors 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.


Lithia Motors  (NYSE:LAD) 3-Year Dividend Growth Rate Explanation

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

Lithia Motors'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 )
=0.5/ 8.24
=0.06

During the past 13 years, the highest Dividend Payout Ratio of Lithia Motors was 0.13. The lowest was 0.03. And the median was 0.10.

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

Lithia Motors Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5002024-03-072024-03-092024-03-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-11-092023-11-102023-11-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-08-102023-08-112023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-05-112023-05-122023-05-26Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2/258.64
=0.77 %

Current Share Price is $258.64.
Lithia Motors's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.

During the past 13 years, the highest Dividend Yield of Lithia Motors was 1.81%. The lowest was 0.31%. And the median was 0.73%.

Good Sign:

Lithia Motors Inc stock dividend yield is close to 3-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.


Lithia Motors 3-Year Dividend Growth Rate Related Terms>


Lithia Motors (Lithia Motors) Business Description

Traded in Other Exchanges
Address
150 N. Bartlett Street, Medford, OR, USA, 97501
Lithia Motors is a retailer of new and used vehicles and related services. The company offers over 45 brands of vehicles at about 350 stores globally including 28 U.S. states at year-end 2022 and entered Canada in mid-2021 with the purchase of Pfaff Automotive and bought Jardine and soon Pendragon in the U.K. in 2023. The company has expanded largely through the acquisition of dealerships in smaller regional markets but now seeks to grow in any part of the U.S. and we expect more deals over time in the U.S. and abroad. Annual revenue in 2022 was $28.2 billion and we see over $50 billion possible in 2025. In 2022, new-car sales were about 46% of total revenue. Lithia was founded in 1946, went public in 1996, and is now the largest U.S. auto dealer. It is based in Medford, Oregon.
Executives
Shauna Mcintyre director 150 N. BARTLETT STREET, MEDFORD OR 97501
Sidney B Deboer director, officer: Executive Chairman 234 VISTA ST., ASHLAND OR 97520
Bryan B Deboer director, officer: Chief Executive officer 150 N. BARTLETT STREET, MEDFORD OR 97501
Tina Miller officer: VP, CAO & Principal Fin. Off. 150 N. BARTLETT ST., MEDFORD OR 97501
Chris Holzshu officer: Sr. Vice President & CFO 150 N. BARTLETT STREET, MEDFORD OR 97501
David Stork officer: Senior Vice President 150 N. BARTLETT STREET, MEDFORD OR 97501
George N Hines officer: SVP, Chief Tech. & Innov. Off. 150 N. BARTLETT ST., MEDFORD OR 97501
Loretz Congdon Stacy director C/O CORE-MARK HOLDING CO. INC., 395 OYSTER POINT BLVD., SUITE 415, SOUTH SAN FRANCISCO CA 94080
Gary M Glandon officer: Chief People Officer C/O LITHIA MOTORS, INC., 150 NORTH BARTLETT STREET, MEDFORD OR 97501
James E. Lentz director C/O LITHIA MOTORS INC., 150 NORTH BARTLETT STREET, MEDFORD OR 97501
Louis Miramontes director 150 N. BARTLETT ST., MEDFORD OR 97501
Scott Hillier officer: Sr. VP of Operations 150 N. BARTLETT STREET, MEDFORD OR 97501
Kenneth E Roberts director 150 N. BARTLETT ST., MEDFORD OR 97501
Marguerite Celeste officer: Senior Vice President 150 N BARTLETT STREET, MEDFORD OR 97501
Susan O Cain director 150 NORTH BARTLETT STREET, MEDFORD OR 97501