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Vector Group (Vector Group) 5-Year Dividend Growth Rate : -13.30% (As of Mar. 2024)


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What is Vector Group 5-Year Dividend Growth Rate?

Vector Group's Dividends per Share for the three months ended in Mar. 2024 was $0.20.

During the past 5 years, the average Dividends Per Share Growth Rate was -13.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -5.10% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vector Group was 81.70% per year. The lowest was -19.70% per year. And the median was 5.00% per year.

Vector Group's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.93. As of today, Vector Group's Dividend Yield % is 7.23%.

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


Competitive Comparison of Vector Group's 5-Year Dividend Growth Rate

For the Tobacco subindustry, Vector Group'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.


Vector Group's 5-Year Dividend Growth Rate Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Vector Group's 5-Year Dividend Growth Rate distribution charts can be found below:

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



Vector Group 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.


Vector Group  (NYSE:VGR) 5-Year Dividend Growth Rate Explanation

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

Vector Group's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.2/ 0.215
=0.93

During the past 13 years, the highest Dividend Payout Ratio of Vector Group was 7.94. The lowest was 0.65. And the median was 2.76.

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

Vector Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2000002024-03-012024-03-042024-03-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.2000002023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2000002023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2000002023-06-162023-06-202023-06-29Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.8/11.05
=7.24 %

Current Share Price is $11.05.
Vector Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.8.

During the past 13 years, the highest Dividend Yield of Vector Group was 24.64%. The lowest was 5.56%. And the median was 9.99%.

* 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.


Vector Group 5-Year Dividend Growth Rate Related Terms

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


Vector Group (Vector Group) Business Description

Traded in Other Exchanges
Address
4400 Biscayne Boulevard, 10th Floor, Miami, FL, USA, 33137
Vector Group Ltd is a holding company whose subsidiaries--Liggett Group, Vector Tobacco, and New Valley-- primarily sell tobacco products and invest in real estate. The Liggett Group and Vector Tobacco subsidiaries sell cigarettes, primarily in the discount segment, in the United States under brand names Eagle 20's, Pyramid, Grand Prix, Liggett Select, and Eve. New Valley, through its majority ownership in Douglas Elliman Realty, invests in real estate worldwide. It also operates the largest residential brokerage company in the New York City area and has additional operations in South Florida, Beverly Hills, Aspen, and Connecticut. Tobacco accounts for more than half of total company revenue; real estate makes up the remainder.
Executives
Bennett S Lebow director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Kirkland J Bryant Iii officer: VP, Treasurer & CFO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Richard Lampen officer: EVP 4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Ronald J Bernstein director, officer: President Subsidiary 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Paul V Carlucci director 4400 BISCAYNE BLVD, C/O VECTOR GROUP LTD., MIAMI FL 33137
Wilson White director C/O VECTOR GROUP LTD, 4400 BISCAYNE BLVD; 10TH FLOOR, MIAMI FL 33137
James D Ballard officer: See Remarks 4400 BISCAYNE BLVD., TENTH FLOOR, MIAMI FL 33137
Nicholas P Anson officer: President Subsidiary C/0 LIGGETT VECTOR BRANDS LLC, 3800 PARAMOUNT PARKWAY, MORRISVILLE NC 27560
Frost Phillip Md Et Al 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Howard M Lorber director, officer: President and CEO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Barry Watkins director 4400 BISCAYNE BLVD, C/O VECTOR GROUP LTD., MIAMI FL 33137
Jeffrey Podell director 7338 FLORANADA WAY, DELRAY BEACH FL 33446
Henry C Beinstein director 8 DOGWOOD LANE, LARCHMONT NY 10538-3418
Stanley Samuel Arkin director 750 LEXINGTON AVENUE, FLOOR 25, NEW YORK NY 10022
Jean E Sharpe director

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