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IGO (IPGDF) 5-Year Dividend Growth Rate : 50.00% (As of Dec. 2023)


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What is IGO 5-Year Dividend Growth Rate?

IGO's Dividends per Share for the six months ended in Dec. 2023 was $0.30.

During the past 12 months, IGO's average Dividends Per Share Growth Rate was 480.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 50.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.60% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of IGO was 66.70% per year. The lowest was -43.20% per year. And the median was 7.70% per year.

IGO's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.82. As of today, IGO's Dividend Yield % is 6.87%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of IGO Ltd is 1.20, which seems too high.

Good Sign:

IGO Ltd stock dividend yield is close to 10-year high.

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


Competitive Comparison of IGO's 5-Year Dividend Growth Rate

For the Other Industrial Metals & Mining subindustry, IGO's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


IGO's 5-Year Dividend Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, IGO's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where IGO's 5-Year Dividend Growth Rate falls into.



IGO 5-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 least square regression.

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.


IGO  (OTCPK:IPGDF) 5-Year Dividend Growth Rate Explanation

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

IGO'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 )
=0.295/ 0.36
=0.82

During the past 13 years, the highest Dividend Payout Ratio of IGO was 1.20. The lowest was 0.20. And the median was 0.32.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of IGO Ltd is 1.20, which seems too high.

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

IGO Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.1100002024-03-122024-03-132024-03-27Cash Dividendsemi-annuallyAUD:USD 0.655738
AUD 0.4400002023-09-132023-09-142023-09-28Cash Dividendsemi-annuallyAUD:USD 0.642674

* 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.35490774/5.11
=6.95 %

Current Share Price is $5.11.
IGO's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.35490774.

During the past 13 years, the highest Dividend Yield of IGO was 6.87%. The lowest was 0.34%. And the median was 0.78%.

Good Sign:

IGO Ltd stock dividend yield is close to 10-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.


IGO 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of IGO's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


IGO (IPGDF) Business Description

Traded in Other Exchanges
Address
85 South Perth Esplanade, Suite 4, Level 5, South Shore Centre, South Perth, Perth, WA, AUS, 6151
IGO Ltd is engaged in nickel, copper and cobalt mining and processing at the Nova Operation, upstream and downstream lithium assets via its 49% joint venture interest, and ongoing mineral exploration in Australia and overseas. The company's segments include the Nova Operation, Forrestania Operation, Cosmos Project, Lithium Business, and Growth, which comprises Regional Exploration Activities and Project Evaluation. It operates in one geographic segment Australia. The company derives the majority of its revenue from Nova Operation.

IGO (IPGDF) Headlines

From GuruFocus

Unraveling the Dividend Story of IGO Ltd (IPGDF)

By GuruFocus Research 09-13-2023