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IDEX (IEX) 3-Year Dividend Growth Rate : 8.00% (As of Mar. 2024)


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What is IDEX 3-Year Dividend Growth Rate?

IDEX's Dividends per Share for the three months ended in Mar. 2024 was $0.64.

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

IEX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.2   Med: 10.95   Max: 17.5
Current: 8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of IDEX was 17.50% per year. The lowest was 1.20% per year. And the median was 10.95% per year.

IEX's 3-Year Dividend Growth Rate is ranked worse than
61.82% of 1079 companies
in the Industrial Products industry
Industry Median: 13 vs IEX: 8.00

During the past 12 months, IDEX's average Dividends Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.60% 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.

IDEX's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.34. As of today, IDEX's Dividend Yield % is 1.32%.

Good Sign:

IDEX Corp stock dividend yield is close to 3-year high.

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


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

For the Specialty Industrial Machinery subindustry, IDEX'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.


IDEX's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IDEX's 3-Year Dividend Growth Rate distribution charts can be found below:

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



IDEX 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.


IDEX  (NYSE:IEX) 3-Year Dividend Growth Rate Explanation

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

IDEX'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 )
=0.64/ 1.88
=0.34

During the past 13 years, the highest Dividend Payout Ratio of IDEX was 0.39. The lowest was 0.29. And the median was 0.33.

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

IDEX Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6900002024-05-162024-05-172024-05-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.6400002024-01-112024-01-122024-01-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.6400002023-10-122023-10-132023-10-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.6400002023-07-132023-07-142023-07-28Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.61/198.23
=1.32 %

Current Share Price is $198.23.
IDEX's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.61.

During the past 13 years, the highest Dividend Yield of IDEX was 1.77%. The lowest was 0.88%. And the median was 1.17%.

Good Sign:

IDEX Corp stock dividend yield is close to 3-year high.

* 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.


IDEX 3-Year Dividend Growth Rate Related Terms>


IDEX (IEX) Business Description

Traded in Other Exchanges
Address
3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $3.2 billion in revenue and $763 million in adjusted operating income in 2022.
Executives
Alejandro Quiroz director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Roopa Unnikrishnan officer: SVP, Strategy&Corp Development 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Marc Uleman officer: Senior VP, Group Executive HST 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
William K Grogan officer: SVP - Chief Financial Officer 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Melissa Aquino officer: Former SVP, Group Exec FMT&FSD 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Livingston Satterthwaite director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Eric D Ashleman officer: SVP - Chief Operating Officer 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Stanfield Paris Watts director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Carl R Christenson director C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184
Katrina L Helmkamp director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
William M Cook director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Mark A Buthman director P O BOX 619100, DALLAS TX 752619100
Lakecia N Gunter director 3100 SANDER ROAD, SUITE 301, NORTHBROOK IL 60062
Mark A Beck director 2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
David C Parry director 155 HARLEM AVE., GLENVIEW IL 60025

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