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New York Times Co (New York Times Co) 3-Year Dividend Growth Rate

: 22.40% (As of Dec. 2023)
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New York Times Co's Dividends per Share for the three months ended in Dec. 2023 was $0.11.

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

NYT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.6   Med: 9.8   Max: 82.2
Current: 22.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of New York Times Co was 82.20% per year. The lowest was 0.60% per year. And the median was 9.80% per year.

NYT's 3-Year Dividend Growth Rate is ranked better than
73.64% of 220 companies
in the Media - Diversified industry
Industry Median: 7.7 vs NYT: 22.40

During the past 12 months, New York Times Co's average Dividends Per Share Growth Rate was 22.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 22.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 20.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.90% 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.

New York Times Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.16. As of today, New York Times Co's Dividend Yield % is 1.09%.

Good Sign:

New York Times Co stock dividend yield is close to 5-year high.

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


Competitive Comparison

For the Publishing subindustry, New York Times Co'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.


New York Times Co 3-Year Dividend Growth Rate Distribution

For the Media - Diversified industry and Communication Services sector, New York Times Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where New York Times Co's 3-Year Dividend Growth Rate falls into.



New York Times Co 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.


New York Times Co  (NYSE:NYT) 3-Year Dividend Growth Rate Explanation

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

New York Times Co'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 )
=0.11/ 0.7
=0.16

During the past 13 years, the highest Dividend Payout Ratio of New York Times Co was 0.37. The lowest was 0.20. And the median was 0.25.

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

New York Times Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1302024-04-012024-04-022024-04-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102024-01-022024-01-032024-01-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-10-062023-10-102023-10-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-07-102023-07-112023-07-27Cash 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.

New York Times Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.46/42.60
=1.08 %

Current Share Price is $42.60.
New York Times Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.46.

During the past 13 years, the highest Dividend Yield of New York Times Co was 1.46%. The lowest was 0.24%. And the median was 0.85%.

Good Sign:

New York Times Co stock dividend yield is close to 5-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.


New York Times Co 3-Year Dividend Growth Rate Related Terms>


New York Times Co (New York Times Co) Business Description

Traded in Other Exchanges
Address
620 Eighth Avenue, New York, NY, USA, 10018
New York Times Co is an American media company known for publishing its flagship newspaper, The New York Times. The company also operates the International New York Times newspaper, as well as digital properties such as nytimes and various smartphone applications. Circulation of The New York Times is the source of revenue for the company, followed by print and digital advertising and its paid digital-only subscription to The New York Times. The company has a daily print circulation of over 3,00,000 and 7,40,000 on Sundays. The source of growth for The New York Times is its digital subscription service, which has over 1,000,000 paid users.
Executives
Arthur G. Sulzberger director, officer: Publisher, The New York Times THE NEW YORK TIMES COMPANY, 620 8TH AVENUE, NEW YORK NY 10018
Diane Brayton officer: EVP, GENERAL COUNSEL & SEC THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
R Anthony Benten officer: SVP, Treasurer & Controller C/O THE NEW YORK TIMES CO, 229 WEST 43RD ST, NEW YORK NY 10036
Kopit Levien Meredith A. officer: EVP & Chief Operating Officer THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
William Bardeen officer: Chief Financial Officer 620 EIGHTH AVENUE, NEW YORK NY 10018
Roland A. Caputo officer: Interim CFO and EVP THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
David S. Perpich director THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Manuel Bronstein director 970 PARK PLACE, SUITE 100, SAN MATEO CA 94403
Beth A. Brooke director C/O EHEALTH, INC., 2625 AUGUSTINE DRIVE, SECOND FLOOR, SANTA CLARA CA 95054
Jacqueline M Welch officer: EVP and CHRO THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Arthur S. Golden director THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Mark Thompson director, officer: PRESIDENT & CEO THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Arthur Jr Sulzberger director, officer: Chairman and Publisher THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Doreen A Toben director 140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Robert E Denham director MUNGER, TOLLES & OLSON LLP, 355 S. GRAND AVENUE, 35TH FLOOR, LOS ANGELES CA 90071

New York Times Co (New York Times Co) Headlines