The historical rank and industry rank for Novonesis (Novozymes) B's 3-Year Dividend Growth Rate or its related term are showing as below:
FRA:NZM2'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3.2 Med: 16 Max: 25.1
Current: 25.1
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Novonesis (Novozymes) B was 25.10% per year. The lowest was 3.20% per year. And the median was 16.00% per year.
FRA:NZM2's 3-Year Dividend Growth Rate is ranked better than 69.94% of 642
companies
in the Chemicals industry
Industry Median: 11.6
vs FRA:NZM2: 25.10
During the past 12 months, Novonesis (Novozymes) B's average Dividends Per Share Growth Rate was -30.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 25.10% per year.
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 13.10% 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.
Novonesis (Novozymes) B stock dividend yield is close to 5-year low.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Novonesis (Novozymes) B's 3-Year Dividend Growth Rate
For the Specialty Chemicals subindustry, Novonesis (Novozymes) B's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-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.
Novonesis (Novozymes) B's 3-Year Dividend Growth Rate Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Novonesis (Novozymes) B's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Novonesis (Novozymes) B's 3-Year Dividend Growth Rate falls into.
Novonesis (Novozymes) B 3-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 expontential compound based on the latest four year annual data.
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.
Novonesis (Novozymes) B (FRA:NZM2) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Novonesis (Novozymes) B's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Novonesis (Novozymes) B was 0.84. The lowest was 0.31. And the median was 0.43.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Novonesis (Novozymes) B Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
DKK 2.000000
2024-08-29
2024-08-30
2024-09-03
Cash Dividend
quarterly
DKK:EUR 0.134340
DKK 2.000000
2024-05-02
2024-05-02
2024-05-03
Cash Dividend
quarterly
DKK:EUR 0.134514
* 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.
Novonesis (Novozymes) B's Dividend Yield (%) for Today is calculated as
Current Share Price is €55.88.
Novonesis (Novozymes) B's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.537708.
During the past 13 years, the highest Dividend Yield of Novonesis (Novozymes) B was 2.91%. The lowest was 0.77%. And the median was 1.34%.
Warning Sign:
Novonesis (Novozymes) B stock dividend yield is close to 5-year low.
* 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.
Novonesis (Novozymes) B 3-Year Dividend Growth Rate Related Terms>
Novonesis was formed in 2024 through the merger of Novozymes and Chr. Hansen. Following the merger, the company became the world leader in industrial enzymes and microbial solutions, with a nearly 50% market share in both. The firm supplies a wide range of industry groups: household care, food and beverages, bioenergy, agriculture and feed, technical and pharmaceuticals. Its biological solutions create value for its customers by improving yield efficiency and performance, while saving energy and generating less waste. The company is headquartered in Denmark, employs around 10,000 people, and works across more than 30 research and development and application centers and 23 manufacturing sites.
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