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


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What is CTS 3-Year Dividend Growth Rate?

CTS's Dividends per Share for the three months ended in Mar. 2024 was $0.04.

The historical rank and industry rank for CTS'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 CTS was 35.80% per year. The lowest was -32.90% per year. And the median was 1.90% per year.

CTS's 3-Year Dividend Growth Rate is not ranked *
in the Hardware industry.
Industry Median: 13.65
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 10 years, the average Dividends Per Share Growth Rate was 0.50% 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.

CTS's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.10. As of today, CTS's Dividend Yield % is 0.31%.

Warning Sign:

CTS Corp stock dividend yield is close to 10-year low.

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


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

For the Electronic Components subindustry, CTS'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.


CTS's 3-Year Dividend Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CTS's 3-Year Dividend Growth Rate distribution charts can be found below:

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



CTS 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.


CTS  (NYSE:CTS) 3-Year Dividend Growth Rate Explanation

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

CTS'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 )
=0.04/ 0.404
=0.10

During the past 13 years, the highest Dividend Payout Ratio of CTS was 0.37. The lowest was 0.07. And the median was 0.15.

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

CTS Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0400002024-03-272024-03-282024-04-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.0400002023-12-282023-12-292024-01-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.0400002023-09-282023-09-292023-10-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.0400002023-06-292023-06-302023-07-28Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.16/51.99
=0.31 %

Current Share Price is $51.99.
CTS's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.16.

During the past 13 years, the highest Dividend Yield of CTS was 1.19%. The lowest was 0.31%. And the median was 0.60%.

Warning Sign:

CTS Corp stock dividend yield is close to 10-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.


CTS 3-Year Dividend Growth Rate Related Terms>


CTS (CTS) Business Description

Industry
Traded in Other Exchanges
Address
4925 Indiana Avenue, Lisle, IL, USA, 60532
CTS Corp operates in the electronics industry. The company is a global manufacturer of Sensors, Electronic components, and Actuators. It designs, manufactures, and sells a broad line of sensors, electronic components, and actuators mainly to original equipment manufacturers (OEM) for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. Geographically, it derives a majority of its revenue from the United States and also has a presence in China; Singapore; the Czech Republic; Taiwan and other countries.
Executives
Randy Lee Stone director 974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Kieran M O'sullivan director, officer: President & CEO 2375 CABOT DRIVE, LISLE IL 60532
Martin Baumeister officer: Senior Vice President 4925 INDIANA AVENUE, LISLE IL 60532
Michael Edward Murray officer: Senior Vice President 4925 INDIANA AVENUE, LISLE IL 60532
Ye Jane Li director 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Ashish Agrawal officer: CFO 2375 CABOT DRIVE, LISLE IL 60525
Thomas Michael White officer: Controller and PAO 4925 INDIANA AVENUE, LISLE IL 60532
Scott D'angelo officer: VP & Secretary 4925 INDIANA AVENUE, LISLE IL 60532
Donna Costello director 17 STEWART COURT, WESTWOOD NJ 07675
Alfonso G Zulueta director 4925 INDIANA AVE, LISLE IL 60532
Gordon Hunter director 25950 ELENA RD, LOS ALTOS HILLS CA 94022
Diana M Murphy director C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
William S Johnson director C/O CABOT MICROELECTRONICS, 870 N. COMMONS DR, AURORA IL 60504
Luis Francisco Machado officer: VP, General Counsel & Sec. 1142 W. BEARDSLEY AVENUE, ELKHART IN 46514
Rajeeb K Nath officer: Vice President 1142 WEST BEARDSLEY AVENUE, ELKHART IN 46514

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