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Psychemedics (Psychemedics) 3-Year Dividend Growth Rate : -8.00% (As of Dec. 2023)


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What is Psychemedics 3-Year Dividend Growth Rate?

Psychemedics's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

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

PMD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -58.3   Med: 1.1   Max: 26
Current: -8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Psychemedics was 26.00% per year. The lowest was -58.30% per year. And the median was 1.10% per year.

PMD's 3-Year Dividend Growth Rate is ranked worse than
77.5% of 40 companies
in the Medical Diagnostics & Research industry
Industry Median: 9.25 vs PMD: -8.00

During the past 12 months, Psychemedics's average Dividends Per Share Growth Rate was -33.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -8.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -30.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -17.50% 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.

Psychemedics's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Psychemedics's Dividend Yield % is 5.49%.

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


Competitive Comparison of Psychemedics's 3-Year Dividend Growth Rate

For the Diagnostics & Research subindustry, Psychemedics'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.


Psychemedics's 3-Year Dividend Growth Rate Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Psychemedics's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Psychemedics 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.


Psychemedics  (NAS:PMD) 3-Year Dividend Growth Rate Explanation

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

Psychemedics'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/ -0.159
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Psychemedics was 2.57. The lowest was 0.49. And the median was 1.00.

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

Psychemedics Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0702023-05-242023-05-252023-06-08Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.07/2.55
=2.75 %

Current Share Price is $2.55.
Psychemedics's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.07.

During the past 13 years, the highest Dividend Yield of Psychemedics was 14.69%. The lowest was 0.66%. And the median was 4.13%.

* 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.


Psychemedics 3-Year Dividend Growth Rate Related Terms>


Psychemedics (Psychemedics) Business Description

Traded in Other Exchanges
N/A
Address
289 Great Road, Suite 200, Acton, MA, USA, 01720
Psychemedics Corp is engaged in providing testing services for the detection of drugs of abuse through the analysis of hair samples. The company operates through a single segment of drug testing services which include training for the collection of samples and storage of positive samples for its customers for an agreed-upon fee per unit testing of samples. The testing methods of the company utilize a patented technology that digests the hair and releases drugs trapped in the hair without destroying the drugs. Geographically it generates the majority of its revenue from the United States.
Executives
Shannon Shoemaker officer: Chief Revenue Officer 289 GREAT ROAD, SUITE 200, ACTON MA 01720
Charles M Doucot officer: Executive Vice President 289 GREAT ROAD, SUITE 200, ACTON MA 01720
Andrew Reynolds director C/O FLEETMATICS, 1100 WINTER STREET, 4TH FL, WALTHAM MA 02451
Brian Hullinger director, officer: President & CEO 289 GREAT ROAD, SUITE 200, ACTON MA 01720
Robyn C Davis director ONE WALLINGFORD ROAD, MARBLEHEAD MA 01945
Michael Weisenhoff other: Assistant Controller 289 GREAT ROAD, SUITE 200, ACTON MA 01720
Michael I Schaffer officer: VP of Laboratory Operations C/O PAYCHEMEDICS CORP, 1280 MASSACHUSETTS AVE STE 200, CAMBRIDGE MA 02138
William B. Norris other: Assistant Controller 289 GREAT ROAD, SUITE 200, ACTON MA 01720
Darius G Nevin other: See Footnote 1 C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Peter H Kamin 10 percent owner 2720 DONALD ROSS ROAD, #311, PALM BEACH GARDENS FL 33410
Andrew Limbek officer: Vice President & Controller 289 GREAT ROAD, SUITE 200, ACTON MA 01720
Fred J Weinert director 330 E MAIN ST, BARRINGTON IL 60620
Kubacki Raymond C Jr director, officer: Chairman, CEO & President 125 NAGOG PARK, ACTON MA 01720
A Clinton Allen director, officer: Chairman 1280 MASSACHUSETTS AVE STE 200, CAMBRIDGE MA 02138
Neil Lerner officer: VP - Finance C/O PSYCHEMEDICS CORPORATION, 125 NAGOG PARK, ACTON MA 01720

Psychemedics (Psychemedics) Headlines

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