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Fortive (Fortive) 3-Year Dividend Growth Rate : 1.20% (As of Mar. 2024)


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What is Fortive 3-Year Dividend Growth Rate?

Fortive's Dividends per Share for the three months ended in Mar. 2024 was $0.08.

The historical rank and industry rank for Fortive's 3-Year Dividend Growth Rate or its related term are showing as below:

FTV' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.2   Med: 13.6   Max: 26
Current: 1.2

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Fortive was 26.00% per year. The lowest was 1.20% per year. And the median was 13.60% per year.

FTV's 3-Year Dividend Growth Rate is ranked worse than
75.72% of 898 companies
in the Hardware industry
Industry Median: 14.3 vs FTV: 1.20

During the past 12 months, Fortive's average Dividends Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.50% 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.

Fortive's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.19. As of today, Fortive's Dividend Yield % is 0.43%.

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


Competitive Comparison of Fortive's 3-Year Dividend Growth Rate

For the Scientific & Technical Instruments subindustry, Fortive'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.


Fortive's 3-Year Dividend Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fortive's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Fortive's 3-Year Dividend Growth Rate falls into.



Fortive 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.


Fortive  (NYSE:FTV) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Fortive's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.08/ 0.423
=0.19

During the past 12 years, the highest Dividend Payout Ratio of Fortive was 0.57. The lowest was 0.07. And the median was 0.15.

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

Fortive Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0800002024-05-312024-05-312024-06-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.0800002024-02-222024-02-232024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.0800002023-11-222023-11-242023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0700002023-08-312023-09-012023-09-29Cash DividendquarterlyUSD: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.

Fortive's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.31/72.73
=0.43 %

Current Share Price is $72.73.
Fortive's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.31.

During the past 12 years, the highest Dividend Yield of Fortive was 0.73%. The lowest was 0.15%. And the median was 0.42%.

* 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.


Fortive 3-Year Dividend Growth Rate Related Terms>


Fortive (Fortive) Business Description

Industry
Traded in Other Exchanges
Address
6920 Seaway Boulevard, Everett, WA, USA, 98203
Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $5.8 billion in revenue and $1.4 billion in adjusted operating income in 2022.
Executives
Charles E Mclaughlin officer: SVP - Chief Financial Officer C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Patrick K Murphy officer: Senior Vice President C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Christopher M. Mulhall officer: VP - Chief Accounting Officer C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Stacey A. Walker officer: SVP - Human Resources C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Eric Branderiz director 915 DEGUIGNE DRIVE, PO BOX 3453, SUNNYVALE CA 94088-3453
Alan G Spoon director, other: Chairman 1150 15TH ST NW, WASHINGTON DC 20071
Tamara S. Newcombe officer: President & CEO of PT 6920 SEAWAY BLVD., EVERETT WA 98203
Wright Iii Lassiter director 500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS, SECAUCUS NJ 07094
Barbara B. Hulit officer: Senior Vice President C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Jonathan L Schwarz officer: VP-Corporate Development C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
James A Lico officer: President, CEO and Secretary
Peter C Underwood officer: SVP-General Counsel/Secretary 200 STATE STREET, BELOIT WI 53511
Olumide Soroye officer: President & CEO of IOS 6920 SEAWAY BLVD., EVERETT WA 98203
Steven M Rales director 2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
William W Pringle officer: Senior Vice President C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203