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Weis Markets (Weis Markets) 3-Year Dividend Growth Rate : 3.10% (As of Dec. 2023)


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What is Weis Markets 3-Year Dividend Growth Rate?

Weis Markets's Dividends per Share for the three months ended in Dec. 2023 was $0.34.

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

WMK' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -3.5   Med: 1.8   Max: 16.8
Current: 3.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Weis Markets was 16.80% per year. The lowest was -3.50% per year. And the median was 1.80% per year.

WMK's 3-Year Dividend Growth Rate is ranked worse than
65.19% of 135 companies
in the Retail - Defensive industry
Industry Median: 7.4 vs WMK: 3.10

During the past 12 months, Weis Markets's average Dividends Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.10% 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.

Weis Markets's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.54. As of today, Weis Markets's Dividend Yield % is 2.11%.

Good Sign:

Weis Markets Inc stock dividend yield is close to 2-year high.

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


Competitive Comparison of Weis Markets's 3-Year Dividend Growth Rate

For the Grocery Stores subindustry, Weis Markets'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.


Weis Markets's 3-Year Dividend Growth Rate Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Weis Markets's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Weis Markets 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.


Weis Markets  (NYSE:WMK) 3-Year Dividend Growth Rate Explanation

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

Weis Markets'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 )
=0.34/ 0.632
=0.54

During the past 13 years, the highest Dividend Payout Ratio of Weis Markets was 0.61. The lowest was 0.28. And the median was 0.43.

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

Weis Markets Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3402024-02-152024-02-192024-03-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-11-032023-11-062023-11-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-08-042023-08-072023-08-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-05-052023-05-082023-05-22Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.36/63.67
=2.14 %

Current Share Price is $63.67.
Weis Markets's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.36.

During the past 13 years, the highest Dividend Yield of Weis Markets was 3.45%. The lowest was 1.36%. And the median was 2.47%.

Good Sign:

Weis Markets Inc stock dividend yield is close to 2-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.


Weis Markets 3-Year Dividend Growth Rate Related Terms>


Weis Markets (Weis Markets) Business Description

Traded in Other Exchanges
N/A
Address
1000 S. Second Street, P.O. Box 471, Sunbury, PA, USA, 17801-0471
Weis Markets Inc is a U.S.-based company that is principally engaged in retailing food products in Pennsylvania and surrounding states. The company's products consist of center-store goods, fresh goods, pharmacy services, fuel, and other. The center-store goods include groceries, dairy products, frozen foods, alcoholic beverage, and general merchandise items. The fresh goods include meats, seafood, floral, prepared foods, and bakery products. The center-store goods and fresh goods jointly account for the majority of the company's total revenue.
Executives
Robert G. Gleeson officer: SVP, Merchandising & Marketing 1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Kurt A Schertle officer: Sr. VP Merch. and Marketing 1000 SOUTH SECOND STREET, P.O. BOX 471, SUNBURY PA 17801-0471
Michael T Lockard officer: SVP, CFO and Treasurer 1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Jennifer Weis other: Member of a 10% owner group C/O WEIS MARKETS, INC., 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Zeh Richard Gregory Jr officer: SVP, Chief Information Officer 1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Scott F Frost officer: SVP, Chief Financial Officer 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Wayne S Bailey officer: Vice President Grocery Merch.
Jonathan H Weis director, officer: Vice President and Secretary
Dennis G Hatchell director 305 GREGSON DRIVE, CARY NC 27511
Gerrald B Silverman director 207 CROSS STREET, BELMONT MA 02478
Lauth Edward John Iii director 485 SCENERY DRIVE, STATE COLLEGE PA 16801
Harold G Graber officer: Vice President Real Estate
Patricia R. Weis Marital Trust 10 percent owner C/O WEIS MARKETS, INC., 1000 SOUTH, SECOND STREET, P.O. BOX 471, SUNBURY PA 17801
Weis Collen Ross other: Member of a 10% owner group C/O WEIS MARKETS, INC., 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Kathryn Jane Zox other: Member of a 10% owner group 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801

Weis Markets (Weis Markets) Headlines

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