If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Neo Performance Materials Inc is 1.50, which seems too high.
During the past 12 months, Neo Performance Materials's average Dividends Per Share Growth Rate was 0.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 1.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 1.10% 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 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Neo Performance Materials was 1.70% per year. The lowest was 1.40% per year. And the median was 1.70% per year.
For more information regarding to dividend, please check our Dividend Page.
Neo Performance Materials Dividends per Share Historical Data
* 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.
* Premium members only.
Neo Performance Materials Dividends per Share Chart
Competitive Comparison of Neo Performance Materials's Dividends per Share
For the Specialty Chemicals subindustry, Neo Performance Materials's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
Neo Performance Materials's Dividend Yield % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Neo Performance Materials's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Neo Performance Materials's Dividend Yield % falls into.
Neo Performance Materials Dividends per Share Calculation
Dividends paid to per common share.
Neo Performance Materials (TSX:NEO) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Neo Performance Materials's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as
During the past 8 years, the highest Dividend Payout Ratio of Neo Performance Materials was 1.50. The lowest was 0.29. And the median was 0.35.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Neo Performance Materials Inc 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.
Neo Performance Materials Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 0.100000
2024-03-15
2024-03-18
2024-03-27
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.100000
2023-12-15
2023-12-18
2023-12-28
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.100000
2023-09-19
2023-09-20
2023-09-29
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.100000
2023-06-19
2023-06-20
2023-06-29
Cash Dividend
quarterly
CAD:CAD 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.
Neo Performance Materials's Dividend Yield (%) for Today is calculated as
Current Share Price is C$6.84.
Neo Performance Materials's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.4.
During the past 8 years, the highest Dividend Yield of Neo Performance Materials was 7.01%. The lowest was 0.51%. And the median was 3.23%.
* 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.
Neo Performance Materials Dividends per Share Related Terms
Thank you for viewing the detailed overview of Neo Performance Materials's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Neo Performance Materials (TSX:NEO) Business Description
Neo Performance Materials Inc is engaged in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. Its operating segments include Magnequench, Chemicals & Oxides, Rare Metals, and Corporate. The Magnequench segment produces magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron magnets. The Chemicals & Oxides segment manufactures and distributes a broad range of industrial materials. The Rare Metals segment produces specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. Its geographical segments are Asia, North America, Europe, and Others.
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