SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'dividend_growth_3y' PII (Polaris) 3-Year Dividend Growth Rate
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Polaris Inc (NYSE:PII) » Definitions » 3-Year Dividend Growth Rate
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Polaris (Polaris) 3-Year Dividend Growth Rate

: 1.60% (As of Dec. 2023)
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Polaris's Dividends per Share for the three months ended in Dec. 2023 was $0.65.

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

PII' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -29.7   Med: 9.75   Max: 88.8
Current: 1.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Polaris was 88.80% per year. The lowest was -29.70% per year. And the median was 9.75% per year.

PII's 3-Year Dividend Growth Rate is ranked worse than
62.78% of 532 companies
in the Vehicles & Parts industry
Industry Median: 9.25 vs PII: 1.60

During the past 12 months, Polaris's average Dividends Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.80% 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.

Polaris's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.33. As of today, Polaris's Dividend Yield % is 3.04%.

Good Sign:

Polaris 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 Recreational Vehicles subindustry, Polaris'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.

Polaris 3-Year Dividend Growth Rate Distribution

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

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


Polaris 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.

Polaris  (NYSE:PII) 3-Year Dividend Growth Rate Explanation

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

Polaris'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 )
=0.65/ 1.98
=0.33

During the past 13 years, the highest Dividend Payout Ratio of Polaris was 0.86. The lowest was 0.26. And the median was 0.33.

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

Polaris Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6602024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.6502023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.6502023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.6502023-05-312023-06-012023-06-15Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.61/86.205
=3.03 %

Current Share Price is $86.205.
Polaris's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.61.

During the past 13 years, the highest Dividend Yield of Polaris was 6.28%. The lowest was 1.14%. And the median was 2.28%.

Good Sign:

Polaris 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.

Polaris 3-Year Dividend Growth Rate Related Terms>

Polaris (Polaris) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Polaris Inc (NYSE:PII) » Definitions » 3-Year Dividend Growth Rate
Comparable Companies
HOG THO BC LCII WGO MBUU MPX MCFT REE VIVC TSX:DOO XPAR:TRI SHSE:603129 SHSE:603766 XSWX:PKTM MIL:SL XPAR:BEN HKSE:09638 TPE:8478 NZSE:THL
Traded in Other Exchanges
PII:Mexico PL6:Germany
Address
2100 Highway 55, Medina, MN, USA, 55340
Website
https://www.polaris.com
Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, including motorcycles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to new segments of the outdoor lifestyle market. Polaris products retailed through more than 2,500 dealers in North America and through 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America at the end of 2022.
Executives
Robert Paul Mack officer: CFO, EVP-Corp Dev Pres-GAM 2100 HIGHWAY 55, MEDINA MN 55340
Kevin M Farr director MATTEL, INC., 333 CONTINENTAL BLVD, M1-1518, EL SEGUNDO CA 90245
Stephen L. Eastman officer: President - PG&A 2100 HIGHWAY 55, MEDINA MN 55340
Michael T Speetzen officer: CEO XYLEM INC., 1133 WESTCHESTER AVENUE, SUITE N200, WHITE PLAINS NY 10604
Michael D. Dougherty officer: President-Motorcycles & Int'l 2100 HIGHWAY 55, MEDINA MN 55340
Dougherty Lucy Clark officer: SVP-Gen Counsel & Secretary 2100 HIGHWAY 55, MEDINA MN 55340
James P Williams officer: SVP-CHRO 600 TRAVIS, SUITE 5800, HOUSTON TX 77002
Benjamin D Duke officer: President-Marine 2100 HIGHWAY 55, MEDINA MN 55340
Kenneth Pucel officer: EVP, Global Ops & CTO 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Steven Menneto officer: President-ORV 2100 HIGHWAY 55, MEDINA MN 55340
Jacob Vogel officer: President-Boats 2100 HIGHWAY 55, MEDINA MN 55340
Darryl R. Jackson director 2100 HIGHWAY 55, MEDINA MN 55340
Scott W. Wine officer: Chief Executive Officer 2100 HIGHWAY 55, MEDINA MN 55340
Christopher Musso officer: President-ORV 2100 HIGHWAY 55, MEDINA MN 55340
Annette K Clayton director 11384 BAYBERRY DRIVE, ROMEO MI 48065