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Ashland (Ashland) Dividend Payout Ratio : 0.86 (As of Dec. 2023)


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What is Ashland Dividend Payout Ratio?

Ashland's dividend payout ratio for the months ended in Dec. 2023 was 0.86.

The historical rank and industry rank for Ashland's Dividend Payout Ratio or its related term are showing as below:

ASH' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.57   Max: 1.52
Current: 0.61


During the past 13 years, the highest Dividend Payout Ratio of Ashland was 1.52. The lowest was 0.29. And the median was 0.57.

ASH's Dividend Payout Ratio is ranked worse than
71.71% of 919 companies
in the Chemicals industry
Industry Median: 0.38 vs ASH: 0.61

As of today (2024-04-25), the Dividend Yield % of Ashland is 1.61%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ashland was 3.36%. The lowest was 1.05%. And the median was 1.60%.

Ashland's Dividends per Share for the months ended in Dec. 2023 was $0.39.

During the past 12 months, Ashland's average Dividends Per Share Growth Rate was 14.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ashland was 38.70% per year. The lowest was -35.20% per year. And the median was 3.40% per year.

The growth rate is calculated with least square regression.

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


Ashland Dividend Payout Ratio Historical Data

The historical data trend for Ashland's Dividend Payout Ratio can be seen below:

* 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.

Ashland Dividend Payout Ratio Chart

Ashland Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.60 0.45 0.29 0.54

Ashland Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.31 0.44 7.70 0.86

Competitive Comparison of Ashland's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Ashland's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


Ashland's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ashland's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ashland's Dividend Payout Ratio falls into.



Ashland Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Ashland's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2023 )/ EPS without NRI (A: Sep. 2023 )
=1.44/ 2.68
=0.54

Ashland'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 )
=0.385/ 0.45
=0.86

* 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.


Ashland (NYSE:ASH) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Ashland Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Ashland's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashland (Ashland) Business Description

Traded in Other Exchanges
Address
8145 Blazer Drive, Wilmington, DE, USA, 19808
Ashland Inc is a world-wide specialty materials company that serves a wide range of industrial markets. The company has a business-centric operating model and is organized into four distinct segments: life sciences, personal care, specialty additives, and intermediates. Key customers for the firm include pharmaceutical companies and manufacturers of personal care products, food and beverages, and nutraceuticals and supplements. The life sciences segment derives maximum revenue. Ashland includes only U.S. and Canada in its North America designation and includes Europe, the Middle East and Africa in its Europe designation.
Executives
Eric N Boni officer: Principal Accounting Officer 8145 BLAZER DRIVE, WILMINGTON DE 19808
J Kevin Willis officer: Chief Financial Officer 50 E RIVERCENTER BLVD, COVINGTON KY 41011
James P. Minicucci officer: SVP Strategy, M&A & Portfolio 5474 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017
Karl R. Bostaph officer: SVP Operations 5474 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017
Robin E. Lampkin officer: SVP, Gen. Counsel & Secretary 5475 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017
Sergio Pedreiro director 2 PARK AVENUE, NEW YORK NY 10016
Eileen Drury officer: SVP and Chief Human Resources 8145 BLAZER DRIVE, WILMINGTON DE 19808
Ricky C Sandler director, other: See Remarks 65 EAST 55TH STREET, 25TH FLOOR, NEW YORK NY 10022
Steven D Bishop director ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Suzan F. Harrison director 77 WEST WACKER DRIVE, SUITE 4600, CHICAGO IL 60601
Guillermo Novo director, officer: Chairman and CEO AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195
Winkler Von Mohrenfels Petra Yvonne officer: Sr. VP, GC and Secretary 8145 BLAZER DRIVE, WILMINGTON DE 19808
Min Chong officer: Sr VP & Gen Mgr, Spc Additives 8145 BLAZER DRIVE, WILMINGTON DE 19808
Osama M Musa officer: Sr. Vice President ASHLAND GLOBAL HOLDINGS INC, 1005 ROUTE 202/206, BRIDGEWATER NJ 08807
Swaminathan Ashok Kalyana officer: Sr VP & Gen Mgr, Life Sciences 8145 BLAZER DRIVE, WILMINGTON DE 19808