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Matrix IT (XTAE:MTRX) 3-Year Dividend Growth Rate : -0.30% (As of Dec. 2023)


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What is Matrix IT 3-Year Dividend Growth Rate?

Matrix IT's Dividends per Share for the three months ended in Dec. 2023 was ₪0.00.

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

XTAE:MTRX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -8.9   Med: 10.1   Max: 64.9
Current: -0.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Matrix IT was 64.90% per year. The lowest was -8.90% per year. And the median was 10.10% per year.

XTAE:MTRX's 3-Year Dividend Growth Rate is ranked worse than
82.43% of 552 companies
in the Software industry
Industry Median: 14.5 vs XTAE:MTRX: -0.30

During the past 12 months, Matrix IT's average Dividends Per Share Growth Rate was -56.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.40% 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.

Matrix IT's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Matrix IT's Dividend Yield % is 4.28%.

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


Competitive Comparison of Matrix IT's 3-Year Dividend Growth Rate

For the Software - Application subindustry, Matrix IT'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.


Matrix IT's 3-Year Dividend Growth Rate Distribution in the Software Industry

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

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



Matrix IT 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.


Matrix IT  (XTAE:MTRX) 3-Year Dividend Growth Rate Explanation

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

Matrix IT's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 1.028
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Matrix IT was 1.25. The lowest was 0.54. And the median was 0.74.

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

Matrix IT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ILS 1.2700002024-03-202024-03-202024-04-15Cash DividendquarterlyILS:ILS 1.000000
ILS 0.6900002023-08-202023-08-202023-09-03Cash DividendquarterlyILS:ILS 1.000000
ILS 0.7100002023-05-222023-05-222023-06-05Cash DividendquarterlyILS:ILS 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.67/77.34
=3.45 %

Current Share Price is ₪77.34.
Matrix IT's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₪2.67.

During the past 13 years, the highest Dividend Yield of Matrix IT was 7.16%. The lowest was 2.12%. And the median was 3.88%.

* 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.


Matrix IT 3-Year Dividend Growth Rate Related Terms>


Matrix IT (XTAE:MTRX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 Abba Eban Boulevard, Herzlia Pituach, ISR, 4612001
Matrix IT Ltd is an information technology company. It manages segments such as software solutions and value added services in Israel, software product marketing and support services, computer infrastructure and integration solutions, training and implementation, and software solutions and services in USA. Majority of its revenue is derived from its software solutions and services segment. The company's revenue is generated from its Israel operations.