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Somero Enterprises (LSE:SOM) 5-Year Dividend Growth Rate : 16.50% (As of Jun. 2024)


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What is Somero Enterprises 5-Year Dividend Growth Rate?

Somero Enterprises's Dividends per Share for the six months ended in Jun. 2024 was £0.16.

During the past 12 months, Somero Enterprises's average Dividends Per Share Growth Rate was -15.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 16.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 35.90% 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 Somero Enterprises was 81.70% per year. The lowest was 4.40% per year. And the median was 32.65% per year.

Somero Enterprises's Dividend Payout Ratio for the six months ended in Jun. 2024 was 1.47. As of today, Somero Enterprises's Dividend Yield % is 7.06%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Somero Enterprises Inc is 0.80, which seems too high.

Warning Sign:

Somero Enterprises Inc stock dividend yield is close to 1-year low.

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


Competitive Comparison of Somero Enterprises's 5-Year Dividend Growth Rate

For the Farm & Heavy Construction Machinery subindustry, Somero Enterprises'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.


Somero Enterprises's 5-Year Dividend Growth Rate Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Somero Enterprises's 5-Year Dividend Growth Rate distribution charts can be found below:

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



Somero Enterprises 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.


Somero Enterprises  (LSE:SOM) 5-Year Dividend Growth Rate Explanation

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

Somero Enterprises's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.162/ 0.11
=1.47

During the past 13 years, the highest Dividend Payout Ratio of Somero Enterprises was 0.80. The lowest was 0.17. And the median was 0.42.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Somero Enterprises Inc is 0.80, which seems too high.

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

Somero Enterprises Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0800002024-09-192024-09-202024-10-18Cash Dividendsemi-annuallyUSD:GBP 0.756000
USD 0.2059002024-04-112024-04-122024-05-10Cash Dividendsemi-annuallyUSD:GBP 0.799000

* 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.2249941/3.20
=7.03 %

Current Share Price is £3.20.
Somero Enterprises's Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.2249941.

During the past 13 years, the highest Dividend Yield of Somero Enterprises was 10.77%. The lowest was 0.83%. And the median was 3.32%.

Warning Sign:

Somero Enterprises Inc stock dividend yield is close to 1-year low.

* 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.


Somero Enterprises 5-Year Dividend Growth Rate Related Terms

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


Somero Enterprises Business Description

Traded in Other Exchanges
N/A
Address
14530 Global Parkway, Fort Myers, FL, USA, 33913
Somero Enterprises Inc provides concrete placing solutions. The company provides concrete-leveling equipment, training, education, & support to its customers. Its products include CopperHead, Mini Screed C, S-840, S-15R, S-22E, S-485, S-940, S-10A, & the S-158 Laser Screed machines; STS-11M Topping Spreader; as well as the 3-D Profiler System software, the Somero Floor Levelness System, & the SP-16 Concrete Hose Line-Pulling & Placing System. Its revenues are derived from sales of Boomed screed products, Ride-on screed products, Remanufactured machines sales, 3-D Profiler System, & sales of parts & accessories, other equipment, service, training, & shipping charges. Geographically, it operates in North America, EMEA & ROW (Australia, Latin America, India, China, Korea, & Southeast Asia).

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