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Avangrid (Avangrid) 3-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is Avangrid 3-Year Dividend Growth Rate?

Avangrid's Dividends per Share for the three months ended in Mar. 2024 was $0.44.

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

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Avangrid was 0.60% per year. The lowest was 0.30% per year. And the median was 0.60% per year.

AGR's 3-Year Dividend Growth Rate is not ranked *
in the Utilities - Regulated industry.
Industry Median: 5.05
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 5 years, the average Dividends Per Share Growth Rate was 0.10% 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.

Avangrid's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.48. As of today, Avangrid's Dividend Yield % is 4.69%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Avangrid Inc is 0.76, which seems too high.

Warning Sign:

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

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


Competitive Comparison of Avangrid's 3-Year Dividend Growth Rate

For the Utilities - Regulated Electric subindustry, Avangrid'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.


Avangrid's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Avangrid's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Avangrid 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.


Avangrid  (NYSE:AGR) 3-Year Dividend Growth Rate Explanation

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

Avangrid's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.44/ 0.91
=0.48

During the past 13 years, the highest Dividend Payout Ratio of Avangrid was 1.07. The lowest was 0.72. And the median was 0.95.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Avangrid Inc is 0.76, which seems too high.

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

Avangrid Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4400002024-02-292024-03-012024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.4400002023-11-302023-12-012024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.4400002023-08-312023-09-012023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.4400002023-05-312023-06-012023-07-03Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.76/37.53
=4.69 %

Current Share Price is $37.53.
Avangrid's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.76.

During the past 13 years, the highest Dividend Yield of Avangrid was 6.05%. The lowest was 0.99%. And the median was 3.60%.

Warning Sign:

Avangrid 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.


Avangrid 3-Year Dividend Growth Rate Related Terms>


Avangrid (Avangrid) Business Description

Traded in Other Exchanges
Address
180 Marsh Hill Road, Orange, CT, USA, 06477
Avangrid operates two business units, Networks and Renewables. Networks operates eight regulated electric and natural gas utilities across New York, Maine, Connecticut, and Massachusetts, serving over 3 million customers. Renewables has historically focused on developing onshore wind projects but is looking to make developments in solar and offshore wind over the next five years. It operates more than 8.6 gigawatts of renewable energy across the U.S. Spanish utility Iberdrola spun off Avangrid's predecessor, Iberdrola USA, in 2015. Iberdrola owns 81.5% of Avangrid.
Executives
Alan D Solomont director C/O IBERDROLA USA, INC., DURHAM HALL, 52 FARM VIEW DRIVE, NEW GLOUCESTER ME 04260
Justin Lagasse officer: Interim Controller C/O AVANGRID, INC., 162 CANCO ROAD, PORTLAND ME 04103
Martin Agustin Delgado director 162 CANCO ROAD, PORTLAND ME 04103
Banez Garcia Maria Fatima director 162 CANCO ROAD, PORTLAND ME 04103
Camille Joseph Varlack director 162 CANCO ROAD, PORTLAND ME 04103
Patricia C Cosgel officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
William Henry White officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
Miranda Soto Jose Antonio officer: See Below 162 CANCO RD, PORTLAND ME 04103
Joseph A Purington officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
S.a. Iberdrola, 10 percent owner CARDENAL GARDOQUI, 8, BILBAO U3 48008
Catherine S Stempien officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
Dennis V Arriola director, officer: Chief Executive Officer 162 CANCO ROAD, PORTLAND ME 04103
Franklyn Reynolds officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
Marra Rodriguez Jose Angel director 162 CANCO ROAD, PORTLAND ME 04103
David T Flanagan director, officer: See Below C/O ENERGY EAST CORPORATON, PO BOX 1290 STE 1955 1 COMMERCE PLAZA, ALBANY NY 12212-2904