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Inghams Group (ASX:ING) 3-Year Dividend Growth Rate : -34.50% (As of Dec. 2023)


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What is Inghams Group 3-Year Dividend Growth Rate?

Inghams Group's Dividends per Share for the six months ended in Dec. 2023 was A$0.10.

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

ASX:ING' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -34.5   Med: -9.15   Max: 89.9
Current: -34.5

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Inghams Group was 89.90% per year. The lowest was -34.50% per year. And the median was -9.15% per year.

ASX:ING's 3-Year Dividend Growth Rate is ranked worse than
96.51% of 659 companies
in the Consumer Packaged Goods industry
Industry Median: 7.7 vs ASX:ING: -34.50

During the past 12 months, Inghams Group's average Dividends Per Share Growth Rate was 107.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -34.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -19.90% 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.

Inghams Group's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.59. As of today, Inghams Group's Dividend Yield % is 6.08%.

Good Sign:

Inghams Group Ltd stock dividend yield is close to 3-year high.

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


Competitive Comparison of Inghams Group's 3-Year Dividend Growth Rate

For the Farm Products subindustry, Inghams Group'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.


Inghams Group's 3-Year Dividend Growth Rate Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inghams Group's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Inghams Group 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.


Inghams Group  (ASX:ING) 3-Year Dividend Growth Rate Explanation

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

Inghams 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 )
=0.1/ 0.17
=0.59

During the past 7 years, the highest Dividend Payout Ratio of Inghams Group was 1.65. The lowest was 0.17. And the median was 0.63.

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

Inghams Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.1202024-03-142024-03-152024-04-05Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.1002023-09-142023-09-152023-10-05Cash Dividendsemi-annuallyAUD:AUD 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.22/3.54
=6.21 %

Current Share Price is A$3.54.
Inghams Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.22.

During the past 7 years, the highest Dividend Yield of Inghams Group was 7.05%. The lowest was 0.65%. And the median was 4.80%.

Good Sign:

Inghams Group Ltd stock dividend yield is close to 3-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.


Inghams Group 3-Year Dividend Growth Rate Related Terms>


Inghams Group (ASX:ING) Business Description

Traded in Other Exchanges
Address
1 Julius Avenue, Level 4, North Ryde, Sydney, NSW, AUS, 2113
Inghams is the largest vertically integrated poultry producer in Australia and New Zealand. The firm enjoys a number-one position in Australia with approximately 40% market share and a number-two position in New Zealand with around 35% share. Inghams supplies poultry products, notably to major Australian supermarkets Woolworths and Coles, and quick-service restaurants McDonalds and KFC. Sales are heavily skewed toward poultry, which includes the production and sale of chicken and turkey products.

Inghams Group (ASX:ING) Headlines

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