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Ashtead Group (Ashtead Group) Forward Dividend Yield %

: 1.44% (As of Today)
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As of today (2024-04-16), the Forward Annual Dividend Yield of Ashtead Group is 1.44%.

As of today (2024-04-16), the Trailing Annual Dividend Yield of Ashtead Group is 1.44%.

ASHTF's Forward Dividend Yield % is ranked worse than
83.78% of 592 companies
in the Business Services industry
Industry Median: 3.11 vs ASHTF: 1.44

Ashtead Group's Dividends per Share for the three months ended in Jan. 2024 was $0.16.

During the past 12 months, Ashtead Group's average Dividends Per Share Growth Rate was 16.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 27.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ashtead Group was 81.70% per year. The lowest was -42.30% per year. And the median was 24.20% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Rental & Leasing Services subindustry, Ashtead Group's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Ashtead Group Forward Dividend Yield % Distribution

For the Business Services industry and Industrials sector, Ashtead Group's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ashtead Group's Forward Dividend Yield % falls into.



Ashtead Group Forward Dividend Yield % Calculation

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

Ashtead Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1582024-01-112024-01-122024-02-08Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.8502023-08-102023-08-112023-09-12Cash Dividendsemi-annuallyUSD: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.

Ashtead Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.316/70.585
=0.45 %

Current Share Price is $70.585.
Ashtead Group's Dividends per Share for the forward twelve months is calculated as $0.158 * 2 = $0.316.

Ashtead Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.008/70.585
=1.43 %

Current Share Price is $70.585.
Ashtead Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.008.

* 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.


Ashtead Group  (OTCPK:ASHTF) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Ashtead Group Forward Dividend Yield % Related Terms

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Ashtead Group (Ashtead Group) Business Description

Traded in Other Exchanges
Address
100 Cheapside, London, GBR, EC2V 6DT
Ashtead is an equipment rental business with operations in the U.S., Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the U.S. where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.

Ashtead Group (Ashtead Group) Headlines