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Merck (LIM:MRK) 3-Year Dividend Growth Rate : 6.10% (As of Sep. 2024)


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What is Merck 3-Year Dividend Growth Rate?

Merck's Dividends per Share for the three months ended in Sep. 2024 was $0.77.

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

LIM:MRK' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.4   Med: 8.2   Max: 109.5
Current: 6.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Merck was 109.50% per year. The lowest was 0.40% per year. And the median was 8.20% per year.

LIM:MRK's 3-Year Dividend Growth Rate is ranked worse than
63.84% of 307 companies
in the Drug Manufacturers industry
Industry Median: 11.5 vs LIM:MRK: 6.10

During the past 12 months, Merck's average Dividends Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.00% 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.

Merck's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.49. As of today, Merck's Dividend Yield % is 3.00%.

Good Sign:

Merck & Co Inc stock dividend yield is close to 2-year high.

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


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

For the Drug Manufacturers - General subindustry, Merck'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.


Merck's 3-Year Dividend Growth Rate Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Merck's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Merck 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.


Merck  (LIM:MRK) 3-Year Dividend Growth Rate Explanation

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

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

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.77/ 1.57
=0.49

During the past 13 years, the highest Dividend Payout Ratio of Merck was 1.96. The lowest was 0.37. And the median was 0.50.

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

Merck Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7700002024-09-162024-09-162024-10-07Cash DividendquarterlyUSD:USD 1.000000
USD 0.7700002024-06-172024-06-172024-07-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.7700002024-03-142024-03-152024-04-05Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.31/102.80
=2.25 %

Current Share Price is $102.80.
Merck's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.31.

During the past 13 years, the highest Dividend Yield of Merck was 3.87%. The lowest was 2.24%. And the median was 3.07%.

Good Sign:

Merck & Co Inc stock dividend yield is close to 2-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.


Merck 3-Year Dividend Growth Rate Related Terms>


Merck Business Description

Address
126 East Lincoln Avenue, Rahway, NJ, USA, 07065
Merck makes pharmaceutical products to treat several conditions in a number of therapeutic areas, including cardiometabolic disease, cancer, and infections. Within cancer, the firm's immuno-oncology platform is growing as a major contributor to overall sales. The company also has a substantial vaccine business, with treatments to prevent pediatric diseases as well as human papillomavirus, or HPV. Additionally, Merck sells animal health-related drugs. From a geographical perspective, just under half of the company's sales are generated in the United States.