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Spirent Communications (Spirent Communications) 3-Year Dividend Growth Rate : 14.80% (As of Dec. 2023)


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What is Spirent Communications 3-Year Dividend Growth Rate?

Spirent Communications's Dividends per Share for the six months ended in Dec. 2023 was $0.11.

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

SPMYY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.7   Med: 11.95   Max: 67.1
Current: 14.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Spirent Communications was 67.10% per year. The lowest was 1.70% per year. And the median was 11.95% per year.

SPMYY's 3-Year Dividend Growth Rate is ranked better than
53.53% of 553 companies
in the Software industry
Industry Median: 14.5 vs SPMYY: 14.80

During the past 12 months, Spirent Communications's average Dividends Per Share Growth Rate was 8.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.10% 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.

Spirent Communications's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.49. As of today, Spirent Communications's Dividend Yield % is 3.25%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Spirent Communications PLC is 1.02, which seems too high.

Warning Sign:

Spirent Communications PLC stock dividend yield is close to 1-year low.

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


Competitive Comparison of Spirent Communications's 3-Year Dividend Growth Rate

For the Software - Infrastructure subindustry, Spirent Communications'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.


Spirent Communications's 3-Year Dividend Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, Spirent Communications's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Spirent Communications 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.


Spirent Communications  (OTCPK:SPMYY) 3-Year Dividend Growth Rate Explanation

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

Spirent Communications'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 )
=0.106/ 0.216
=0.49

During the past 13 years, the highest Dividend Payout Ratio of Spirent Communications was 1.05. The lowest was 0.35. And the median was 0.45.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Spirent Communications PLC is 1.02, which seems too high.

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

Spirent Communications Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1062023-08-112023-08-142023-09-22Cash Dividendsemi-annuallyUSD: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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.106/9.64
=1.10 %

Current Share Price is $9.64.
Spirent Communications's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.106.

During the past 13 years, the highest Dividend Yield of Spirent Communications was 6.22%. The lowest was 1.15%. And the median was 2.33%.

Warning Sign:

Spirent Communications PLC stock dividend yield is close to 1-year low.

* 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.


Spirent Communications 3-Year Dividend Growth Rate Related Terms>


Spirent Communications (Spirent Communications) Business Description

Traded in Other Exchanges
Address
108 High Street, Origin One, Crawley, West Sussex, GBR, RH10 1BD
Spirent Communications PLC provides communications technologies including networks, data centers, enterprise IT, mobile communications, connected vehicles or the Internet of Things. The company operates in Networks and Security and Lifecycle Service Assurance segments. The majority of the revenue is derived from the Networks and Security segment that comprises Cloud IP, Application Security and Positioning lines of business with the aim of addressing the needs of the lab test market for Ethernet, Virtual, Data Center, applications test and timing for critical infrastructure.