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Ridley (ASX:RIC) 3-Year Dividend Growth Rate : 23.00% (As of Dec. 2023)


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What is Ridley 3-Year Dividend Growth Rate?

Ridley's Dividends per Share for the six months ended in Dec. 2023 was A$0.04.

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

ASX:RIC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -41.5   Med: 2.35   Max: 61.8
Current: 23

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ridley was 61.80% per year. The lowest was -41.50% per year. And the median was 2.35% per year.

ASX:RIC's 3-Year Dividend Growth Rate is ranked better than
75.11% of 667 companies
in the Consumer Packaged Goods industry
Industry Median: 7.7 vs ASX:RIC: 23.00

During the past 12 months, Ridley's average Dividends Per Share Growth Rate was 12.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 23.00% 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.

Ridley's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.65. As of today, Ridley's Dividend Yield % is 3.99%.

Good Sign:

Ridley Corp Ltd stock dividend yield is close to 3-year high.

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


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

For the Packaged Foods subindustry, Ridley'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.


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

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

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



Ridley 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.


Ridley  (ASX:RIC) 3-Year Dividend Growth Rate Explanation

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

Ridley'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 )
=0.043/ 0.066
=0.65

During the past 13 years, the highest Dividend Payout Ratio of Ridley was 1.30. The lowest was 0.29. And the median was 0.60.

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

Ridley Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0440002024-04-032024-04-042024-04-24Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0425002023-10-042023-10-052023-10-26Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.0865/2.17
=3.99 %

Current Share Price is A$2.17.
Ridley's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.0865.

During the past 13 years, the highest Dividend Yield of Ridley was 10.00%. The lowest was 1.21%. And the median was 2.84%.

Good Sign:

Ridley Corp 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.


Ridley 3-Year Dividend Growth Rate Related Terms>


Ridley (ASX:RIC) Business Description

Traded in Other Exchanges
Address
565 Bourke Street, Level 4, Melbourne, VIC, AUS, 3000
Ridley Corp Ltd engages in the production and marketing of stock feed and animal feed supplements. The company's operating segments include Bulk Stockfeeds and Packaged Feeds and Ingredients. The Bulk Stockfeeds segment comprises the Group's animal nutrition stockfeed solutions delivered in bulk. This includes monogastric and ruminant feeds, such as pellets, meals, concentrates, and premixes for poultry, pigs, dairy cattle, beef cattle, and sheep. Packaged Feeds and Ingredients segment comprises the Group's animal nutrition feed and ingredient solutions delivered in packaged form. This includes bagged poultry, dairy, dog, horse, and lifestyle animal feeds, as well as block and loose lick supplements; and aquafeed. It generates the majority of its revenue from the Bulk Stockfeeds segment.

Ridley (ASX:RIC) Headlines

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