Tootsie Roll Industries (Tootsie Roll Industries) Dividend Payout Ratio

: 0.21 (As of Dec. 2023)

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Tootsie Roll Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.21.

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

TR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.33 Max: 0.48
Current: 0.27

During the past 13 years, the highest Dividend Payout Ratio of Tootsie Roll Industries was 0.48. The lowest was 0.27. And the median was 0.33.

TR's Dividend Payout Ratio is ranked better than
68.87% of 922 companies
in the Consumer Packaged Goods industry
Industry Median: 0.395 vs TR: 0.27

As of today (2024-04-23), the Dividend Yield % of Tootsie Roll Industries is 1.16%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tootsie Roll Industries was 1.25%. The lowest was 0.77%. And the median was 1.02%.

Tootsie Roll Industries's Dividends per Share for the months ended in Dec. 2023 was $0.09.

During the past 12 months, Tootsie Roll Industries's average Dividends Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tootsie Roll Industries was 138.10% per year. The lowest was 2.80% per year. And the median was 5.90% per year.

The growth rate is calculated with least square regression.

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

Tootsie Roll Industries Dividend Payout Ratio Historical Data

The historical data trend for Tootsie Roll Industries'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.

Tootsie Roll Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.41

0.48

0.44

0.27

0.30

Tootsie Roll Industries 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																0.24	0.47	0.43	0.18	0.21

Competitive Comparison

For the Confectioners subindustry, Tootsie Roll Industries'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.

Tootsie Roll Industries Dividend Payout Ratio Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tootsie Roll Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tootsie Roll Industries's Dividend Payout Ratio falls into.

Tootsie Roll Industries Dividend Payout Ratio Calculation

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

Tootsie Roll Industries's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.35	/	1.181
	=	0.30

Tootsie Roll Industries'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 )
	=	0.087	/	0.408
	=	0.21

Tootsie Roll Industries (NYSE:TR) 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.

Tootsie Roll Industries Dividend Payout Ratio Related Terms

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Tootsie Roll Industries (Tootsie Roll Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tootsie Roll Industries Inc (NYSE:TR) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

TZ3:Germany

Address

7401 South Cicero Avenue, Chicago, IL, USA, 60629

Website

https://www.tootsie.com

Tootsie Roll Industries Inc manufactures and sells candy products. Notable varieties include Tootsie Roll and Tootsie Pops, Charms, Blow-Pops, Dots, Junior Mints, Sugar Daddy and Sugar Babies, Andes, Dubble Bubble, and Razzles. The company sells its products to wholesale distributors and directly to retail stores. Geographically, it generates a majority of its revenue from the United States.

Executives

Henry G Mills	officer: Vice President	C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE, CHICAGO IL 60629
Leigh R Weiner	10 percent owner
Virginia L Gordon	director	C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE, CHICAGO IL 60629
Stephen Green	officer: VP Manufacturing	C/O TOOTAIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE., CHICAGO IL 60629
Ellen R Gordon	director, 10 percent owner, officer: President
Lewis Brent Lana Jane	director
Newlin John W. Jr.	officer: Vice President-Mfg.	C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVENUE, CHICAGO IL 60629
Barre A Seibert	director	C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE, CHICAGO IL 60629
G Howard Ember	officer: CFO
John P Majors	officer: VP-Logistics	TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE., CHICAGO IL 60629
Melvin J Gordon	director, 10 percent owner, officer: Chairman