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Uniti Group (Uniti Group) 5-Year Dividend Growth Rate : -14.50% (As of Dec. 2023)


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What is Uniti Group 5-Year Dividend Growth Rate?

Uniti Group's Dividends per Share for the three months ended in Dec. 2023 was $0.15.

During the past 5 years, the average Dividends Per Share Growth Rate was -14.50% 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 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Uniti Group was 17.50% per year. The lowest was -46.40% per year. And the median was -37.00% per year.

Uniti Group's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.05. As of today, Uniti Group's Dividend Yield % is 10.42%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Uniti Group Inc is 2.10, which seems too high.

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


Competitive Comparison of Uniti Group's 5-Year Dividend Growth Rate

For the REIT - Specialty subindustry, Uniti Group'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.


Uniti Group's 5-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Uniti Group's 5-Year Dividend Growth Rate distribution charts can be found below:

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



Uniti Group 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.


Uniti Group  (NAS:UNIT) 5-Year Dividend Growth Rate Explanation

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

Uniti Group'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 )
=0.15/ 0.143
=1.05

During the past 12 years, the highest Dividend Payout Ratio of Uniti Group was 480.00. The lowest was 0.80. And the median was 3.90.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Uniti Group Inc is 2.10, which seems too high.

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

Uniti Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1502024-03-272024-03-282024-04-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-12-142023-12-152024-01-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-09-072023-09-082023-09-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-06-152023-06-162023-06-30Cash DividendquarterlyUSD: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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.6/5.76
=10.42 %

Current Share Price is $5.76.
Uniti Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.6.

During the past 12 years, the highest Dividend Yield of Uniti Group was 28.85%. The lowest was 2.75%. And the median was 9.01%.

* 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.


Uniti Group 5-Year Dividend Growth Rate Related Terms

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


Uniti Group (Uniti Group) Business Description

Industry
Traded in Other Exchanges
Address
2101 Riverfront Drive, Suite A, Little Rock, AR, USA, 72202
Uniti is a REIT with about 135,000 route miles of fiber in the U.S., primarily in the Southeast. Uniti reports its business in two segments: leasing and fiber. Leasing currently makes up about 75% of total revenue and consists mostly of Uniti's master lease agreement with Windstream. Uniti was spun out of Windstream in 2015 with a substantial portion of Windstream's network assets, and it immediately leased the entire portfolio back for Windstream's exclusive use. Other leasing revenue stems from sale-leaseback transactions with other fiber holders. Uniti generates fiber revenue by leasing dark and lit fiber to wireless carriers and other enterprises.
Executives
Kenny Gunderman director, officer: See Remarks C/O AMERICA'S CAR-MART, INC., 802 SE PLAZA AVE, SUITE 200, BENTONVILLE AR 72712
Michael Friloux officer: EVP - Chief Technology Officer 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Paul Bullington officer: Interim CFO and PFO 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Travis Black officer: Interim PAO 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Carmen Perez-carlton director 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
David L Solomon director 5847 SAN FELIPE SUITE 320, HOUSTON TX 77057
Blake Schuhmacher officer: Principal Accounting Officer 10802 EXECUTIVE CENTER DRIVE, BENTON BUILDING, SUITE 300, LITTLE ROCK AR 72211
Daniel L Heard officer: See Remarks 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Ronald J. Mudry officer: EVP-Pres of Fiber Operations 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Andrew Frey director 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Scott G. Bruce director 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Windstream Holdings, Inc. 10 percent owner 4001 RODNEY PARHAM RD., LITTLE ROCK AR 72212
Windstream Services, Llc 10 percent owner 4001 RODNEY PARHAM ROAD, LITTLE ROCK AR 72212
Jennifer S Banner director 214N TRYON STREET, CHARLOTTE NC 28202
Francis X Frantz director ONE ALLIED DRIVE, LITTLE ROCK AR 72202