The historical rank and industry rank for The Shyft Group's 3-Year Dividend Growth Rate or its related term are showing as below:
SHYF'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -14.5 Med: 13.65 Max: 30.1
Current: 26
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Shyft Group was 30.10% per year. The lowest was -14.50% per year. And the median was 13.65% per year.
SHYF's 3-Year Dividend Growth Rate is ranked better than 71.43% of 84
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 12.3
vs SHYF: 26.00
During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 17.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 5.80% 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.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of The Shyft Group Inc is 1.67, which seems too high.
Good Sign:
The Shyft Group Inc stock dividend yield is close to 5-year high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of The Shyft Group's 3-Year Dividend Growth Rate
For the Farm & Heavy Construction Machinery subindustry, The Shyft Group'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.
The Shyft Group's 3-Year Dividend Growth Rate Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, The Shyft Group's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where The Shyft Group's 3-Year Dividend Growth Rate falls into.
The Shyft Group 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.
The Shyft Group (NAS:SHYF) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
The Shyft Group's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of The Shyft Group was 1.79. The lowest was 0.05. And the median was 0.19.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of The Shyft Group Inc is 1.67, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
The Shyft Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.050000
2024-02-15
2024-02-16
2024-03-18
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.050000
2023-11-15
2023-11-16
2023-12-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.050000
2023-08-16
2023-08-17
2023-09-18
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.050000
2023-05-16
2023-05-17
2023-06-20
Cash Dividend
quarterly
USD: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.
The Shyft Group's Dividend Yield (%) for Today is calculated as
Current Share Price is $10.88.
The Shyft Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.2.
During the past 13 years, the highest Dividend Yield of The Shyft Group was 3.62%. The lowest was 0.19%. And the median was 1.08%.
Good Sign:
The Shyft Group Inc stock dividend yield is close to 5-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.
The Shyft Group 3-Year Dividend Growth Rate Related Terms>
The Shyft Group (The Shyft Group) Business Description
The Shyft Group Inc is engaged in specialty vehicle manufacturing and assembly for the commercial vehicle (including last-mile delivery, specialty service and vocation-specific upfit segments) and recreational vehicle industries. Its products include walk-in vans, truck bodies, and cargo van and pick-up truck upfits used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, as well as luxury Class A diesel motorhome custom chassis and contract manufacturing and assembly services. It also supply replacement parts and offer repair, maintenance, field service and refurbishment services for the vehicles that company manufacture.
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