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Douglas Dynamics (Douglas Dynamics) 3-Year Dividend Growth Rate

: 1.80% (As of Dec. 2023)
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Douglas Dynamics's Dividends per Share for the three months ended in Dec. 2023 was $0.30.

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

PLOW' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.8   Med: 3.3   Max: 29.7
Current: 1.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Douglas Dynamics was 29.70% per year. The lowest was 1.80% per year. And the median was 3.30% per year.

PLOW's 3-Year Dividend Growth Rate is ranked worse than
63.3% of 534 companies
in the Vehicles & Parts industry
Industry Median: 9.9 vs PLOW: 1.80

During the past 12 months, Douglas Dynamics's average Dividends Per Share Growth Rate was 1.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.80% 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 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.

Douglas Dynamics's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.55. As of today, Douglas Dynamics's Dividend Yield % is 5.34%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Douglas Dynamics Inc is 1.18, which seems too high.

Good Sign:

Douglas Dynamics Inc stock dividend yield is close to 10-year high.

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


Competitive Comparison

For the Auto Parts subindustry, Douglas Dynamics'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.


Douglas Dynamics 3-Year Dividend Growth Rate Distribution

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

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



Douglas Dynamics 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.


Douglas Dynamics  (NYSE:PLOW) 3-Year Dividend Growth Rate Explanation

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

Douglas Dynamics'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 )
=0.295/ 0.19
=1.55

During the past 13 years, the highest Dividend Payout Ratio of Douglas Dynamics was 1.18. The lowest was 0.42. And the median was 0.61.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Douglas Dynamics Inc is 1.18, which seems too high.

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

Douglas Dynamics Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2952024-03-152024-03-182024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2952023-12-182023-12-192023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2952023-09-182023-09-192023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2952023-06-152023-06-162023-06-30Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.18/22.00
=5.36 %

Current Share Price is $22.00.
Douglas Dynamics's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.18.

During the past 13 years, the highest Dividend Yield of Douglas Dynamics was 6.40%. The lowest was 1.92%. And the median was 3.19%.

Good Sign:

Douglas Dynamics Inc stock dividend yield is close to 10-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.


Douglas Dynamics 3-Year Dividend Growth Rate Related Terms>


Douglas Dynamics (Douglas Dynamics) Business Description

Traded in Other Exchanges
Address
11270 W Park Place, Suite 300, Milwaukee, WI, USA, 53224
Douglas Dynamics Inc is a manufacturer and upfitter of commercial vehicle attachments and equipment. The Company's portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand. The Company's portfolio also includes the upfit of attachments and storage solutions under the HENDERSON brand, and the DEJANA brand and its related sub-brands. The Company also leases fifteen manufacturing and upfit and service facilities located in Iowa, Maryland, Missouri, New Jersey, New York, Ohio, Pennsylvania, and Rhode Island. The Company conducts business in two segments: Work Truck Attachments and Work Truck Solutions.
Executives
Robert L Mccormick officer: President and CEO C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
James L Janik director C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Genderen Mark Van officer: President - Work Truck Attm. C/O DOUGLAS DYNAMICS, INC., 11270 W. PARK PLACE, SUITE 300, MILWAUKEE WI 53224
Linda R Evans officer: VP of Human Resources 7777 N 73RD STREET, MILWAUKEE WI 53223
Jon J Sisulak officer: Controller 7777 N 73RD STREET, MILWAUKEE WI 53223
Sarah C Lauber officer: CFO and Secretary 833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Joher Akolawala director 11270 W. PARK PLACE, SUITE 300, MILWAUKEE WI 53224
Keith Hagelin officer: VP, Operations C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Jonathon P. Sievert officer: President - Henderson Products C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53223
Lisa R Bacus director 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Andrew Dejana officer: * See Remarks below C/O DOUGLAS DYNAMICS, INC., 777 NORTH 73RD STREET, MILWAUKEE WI 53223
Robert J Young officer: Controller C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Mark Adamson officer: VP, Sales and Marketing C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Michael W Wickham director C/O ROADWAY CORP, 1077 GORGE BLVD, AKRON OH 44310
Margaret S Dano director FLEETWOOD ENTERPRISES INC, 3125 MYERS STREET PO BOX 7638, RIVERSIDE CA 92513-7638

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