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Park-Ohio Holdings (Park-Ohio Holdings) 3-Year Dividend Growth Rate : 26.00% (As of Dec. 2023)


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What is Park-Ohio Holdings 3-Year Dividend Growth Rate?

Park-Ohio Holdings's Dividends per Share for the three months ended in Dec. 2023 was $0.13.

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

PKOH' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.6   Med: 10.1   Max: 26
Current: 26

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Park-Ohio Holdings was 26.00% per year. The lowest was -20.60% per year. And the median was 10.10% per year.

PKOH's 3-Year Dividend Growth Rate is ranked better than
77.57% of 1110 companies
in the Industrial Products industry
Industry Median: 11.15 vs PKOH: 26.00

During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.00% 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.

Park-Ohio Holdings's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.24. As of today, Park-Ohio Holdings's Dividend Yield % is 2.08%.

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


Competitive Comparison of Park-Ohio Holdings's 3-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Park-Ohio Holdings'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.


Park-Ohio Holdings's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Park-Ohio Holdings's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Park-Ohio Holdings 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.


Park-Ohio Holdings  (NAS:PKOH) 3-Year Dividend Growth Rate Explanation

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

Park-Ohio Holdings'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 )
=0.125/ 0.53
=0.24

During the past 13 years, the highest Dividend Payout Ratio of Park-Ohio Holdings was 1.17. The lowest was 0.10. And the median was 0.17.

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

Park-Ohio Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1252024-02-082024-02-092024-02-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-11-162023-11-172023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-08-032023-08-042023-08-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-05-042023-05-052023-05-19Cash 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.

Park-Ohio Holdings's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.5/24.09
=2.08 %

Current Share Price is $24.09.
Park-Ohio Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.5.

During the past 13 years, the highest Dividend Yield of Park-Ohio Holdings was 5.21%. The lowest was 0.21%. And the median was 1.48%.

* 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.


Park-Ohio Holdings 3-Year Dividend Growth Rate Related Terms>


Park-Ohio Holdings (Park-Ohio Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6065 Parkland Boulevard, Cleveland, OH, USA, 44124
Park-Ohio Holdings Corp is a company, engaged in industrial supply chain logistics and diversified manufacturing business. It operates in three business segments namely Supply Technologies, Assembly Components and Engineered Products. Geographically, the business of the group is amplifying across the region of the United States, Asia, Europe, Canada, Mexico and others. The company derives most of the revenue from the Supply Technologies segment which provides the customer with total supply management services such as engineering and design support, supplier selection, quality assurance, barcoding, product packaging and tracking, just-in-time and point-of-use delivery and electronic billing services for a range of production components.
Executives
James W Wert director
Patrick W Fogarty officer: Director Corporate Development
Robert D Vilsack officer: Secretary & General Counsel
Moore Dan T Iii director
Hanna Howard W Iv director 6065 PARKLAND BLVD., CLEVELAND OH 44124
Matthew V Crawford director, 10 percent owner, officer: President & COO
Edward F Crawford director, 10 percent owner, officer: CEO, COB
Patrick V Auletta director 23000 EUCLID AVE, EUCLID OH 44117
Steven H Rosen director 6065 PARKLAND BOULEVARD, MAYFIELD HEIGHTS OH 44124
John D Grampa director MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Ronna Romney director
Mixon Aaron Malachi Iii director 800 SUPERIOR AVENUE, SUITE 1800, CLEVELAND OH 44107
W Scott Emerick officer: VP & CFO 29400 LAKELAND BOULEVARD, WICKLIFFE OH 44092
Kevin R Greene director
Jeffrey L Rutherford officer: Vice President & CFO 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799

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