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Martinrea International (TSX:MRE) 5-Year Dividend Growth Rate : 3.70% (As of Sep. 2024)


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What is Martinrea International 5-Year Dividend Growth Rate?

Martinrea International's Dividends per Share for the three months ended in Sep. 2024 was C$0.05.

During the past 5 years, the average Dividends Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.50% 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 Martinrea International was 18.60% per year. The lowest was 3.60% per year. And the median was 10.65% per year.

Martinrea International's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.28. As of today, Martinrea International's Dividend Yield % is 2.06%.

Good Sign:

Martinrea International Inc stock dividend yield is close to 2-year high.

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


Competitive Comparison of Martinrea International's 5-Year Dividend Growth Rate

For the Auto Parts subindustry, Martinrea International'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.


Martinrea International's 5-Year Dividend Growth Rate Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Martinrea International's 5-Year Dividend Growth Rate distribution charts can be found below:

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



Martinrea International 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.


Martinrea International  (TSX:MRE) 5-Year Dividend Growth Rate Explanation

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

Martinrea International'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 )
=0.05/ 0.178
=0.28

During the past 13 years, the highest Dividend Payout Ratio of Martinrea International was 0.63. The lowest was 0.07. And the median was 0.09.

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

Martinrea International Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0500002024-09-272024-09-302024-10-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0500002024-06-282024-06-302024-07-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0500002024-03-272024-03-312024-04-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0500002023-12-282023-12-312024-01-15Cash DividendquarterlyCAD:CAD 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.2/9.72
=2.06 %

Current Share Price is C$9.72.
Martinrea International's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.2.

During the past 13 years, the highest Dividend Yield of Martinrea International was 2.97%. The lowest was 0.70%. And the median was 1.46%.

Good Sign:

Martinrea International 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.


Martinrea International 5-Year Dividend Growth Rate Related Terms

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Martinrea International Business Description

Traded in Other Exchanges
Address
3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2
Martinrea International Inc is a diversified and world-wide automotive supplier engaged in the design, development and manufacturing of engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used in the automotive sector by the majority of vehicle manufacturers. The Company's offerings include products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The company also provides metal forming and welding solutions. The company operates in North America, Europe and Rest of the World.
Executives
Ganesh Koduvayur Venkatasubramanian Kesavan Iyer Senior Officer
Robert Peter Edward Wildeboer Director, Senior Officer
Peter Cirulis Senior Officer
Alfredo Alonso Senior Officer
Alfred Di Tosto Senior Officer
Hany Morsy Senior Officer
Frank Patrick D'eramo Director
Armando Pagliari Senior Officer
Michael Allen Leal Senior Officer
Bruce Norman Johnson Senior Officer
Lawrence Arthur Paine Senior Officer
Megan Rae Hunter Lulgjuraj Senior Officer
Kerri Lynn Pope Senior Officer
Edward Waitzer Director
Sandra Pupatello Director

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