GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Getty Realty Corp (NYSE:GTY) » Definitions » 5-Year Dividend Growth Rate

Getty Realty (Getty Realty) 5-Year Dividend Growth Rate

: 5.70% (As of Dec. 2023)
View and export this data going back to 1985. Start your Free Trial

Getty Realty's Dividends per Share for the three months ended in Dec. 2023 was $0.45.

During the past 12 months, Getty Realty's average Dividends Per Share Growth Rate was 4.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.80% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Getty Realty was 110.90% per year. The lowest was -41.70% per year. And the median was 10.10% per year.

Getty Realty's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.65. As of today, Getty Realty's Dividend Yield % is 6.62%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Getty Realty Corp is 1.50, which seems too high.

Good Sign:

Getty Realty Corp stock dividend yield is close to 3-year high.

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


Competitive Comparison

For the REIT - Retail subindustry, Getty Realty's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


Getty Realty 5-Year Dividend Growth Rate Distribution

For the REITs industry and Real Estate sector, Getty Realty's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Getty Realty's 5-Year Dividend Growth Rate falls into.



Getty Realty 5-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 least square regression.

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.


Getty Realty  (NYSE:GTY) 5-Year Dividend Growth Rate Explanation

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

Getty Realty'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 )
=0.45/ 0.272
=1.65

During the past 13 years, the highest Dividend Payout Ratio of Getty Realty was 1.50. The lowest was 0.70. And the median was 0.99.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Getty Realty Corp is 1.50, which seems too high.

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

Getty Realty Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4502024-03-272024-03-282024-04-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.4502023-12-272023-12-282024-01-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.4302023-09-272023-09-282023-10-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.4302023-06-212023-06-222023-07-06Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.76/26.50
=6.64 %

Current Share Price is $26.50.
Getty Realty's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.76.

During the past 13 years, the highest Dividend Yield of Getty Realty was 7.74%. The lowest was 2.55%. And the median was 4.68%.

Good Sign:

Getty Realty Corp stock dividend yield is close to 3-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.


Getty Realty 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Getty Realty's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Getty Realty (Getty Realty) Business Description

Industry
Traded in Other Exchanges
Address
292 Madison Avenue, 9th Floor, New York, NY, USA, 10017-6318
Getty Realty Corp is the real estate investment trust in the U.S. specializing in the acquisition, financing, and development of convenience, automotive, and other single tenant retail real estate. The company's portfolio includes convenience stores, car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, collision), automotive parts retailers, and certain other freestanding retail properties, including drive-thru quick service restaurants. It generates majority of the revenue in the form of rental income.
Executives
Evelyn Leon Infurna director 292 MADISON AVE., 9TH FLOOR, NEW YORK NY 10017-6318
Brian Robert Dickman officer: EVP, CFO and Treasurer 411 S. OLD WOODWARD, APT. 918, BIRMINGHAM MI 48009
Leo Liebowitz director, 10 percent owner, officer: Pres. & CEO 2 JERICHO PLAZA, JERICHO NY 11753
Coviello Philip E Jr director GETTY REALTY CORP, 2 JERICHO PLAZA, STE 110, JERICHO NY 11753
Mary Louise Malanoski director 44 BARROW STREET, NEW YORK NY 10014
Richard E Montag director C/O GETTY REALTY CORP., 2 JERICHO PLAZA, STE 110, JERICHO NY 11753
Mark James Olear officer: Exec VP & Chief Operating Ofc C/O GETTY REALTY CORP., 2 JERICHO PLAZA, SUITE 110, JERICHO NY 11753
Danion Fielding officer: VP, CFO & Treasurer TWO JERICHO PLAZA, WING C, SUITE 110, JERICHO NY 11753
Eugene Shnayderman officer: See Remarks TWO JERICHO PLAZA, WING C, SUITE 110, JERICHO NY 11753
Christopher J Constant director, officer: President & CEO 2 JERICHO PLAZA, STE 110, JERICHO NY 11753
Joshua Dicker officer: Ex VP, Gen Counsel & Secretary C/O GETTY REALTY CORP., 2 JERICHO PLAZA, SUITE 110, JERICHO NY 11753
Milton Cooper director C/O KIMCO REALTY CORP, 3333 NEW HYDE PARK RD STE 100, HYDE PARK NY 11042
James Russell Craig officer: Vice President 125 JERICHO TPKE, SUITE 103, JERICHO NY 11753
David B Driscoll director C/O MORGAN JOSEPH & CO., INC., 600 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10020-2302
Warren Wintrub director

Getty Realty (Getty Realty) Headlines