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Federated Hermes (Federated Hermes) 3-Year Dividend Growth Rate : 0.90% (As of Dec. 2023)


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What is Federated Hermes 3-Year Dividend Growth Rate?

Federated Hermes's Dividends per Share for the three months ended in Dec. 2023 was $0.28.

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

FHI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.6   Med: 4.2   Max: 50.8
Current: 0.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Federated Hermes was 50.80% per year. The lowest was 0.60% per year. And the median was 4.20% per year.

FHI's 3-Year Dividend Growth Rate is ranked worse than
54.26% of 868 companies
in the Asset Management industry
Industry Median: 1.7 vs FHI: 0.90

During the past 12 months, Federated Hermes's average Dividends Per Share Growth Rate was 2.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.30% 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.

Federated Hermes's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.35. As of today, Federated Hermes's Dividend Yield % is 3.41%.

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


Competitive Comparison of Federated Hermes's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Federated Hermes'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.


Federated Hermes's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Federated Hermes's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Federated Hermes 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.


Federated Hermes  (NYSE:FHI) 3-Year Dividend Growth Rate Explanation

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

Federated Hermes'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 )
=0.28/ 0.804
=0.35

During the past 13 years, the highest Dividend Payout Ratio of Federated Hermes was 0.74. The lowest was 0.35. And the median was 0.41.

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

Federated Hermes Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2802024-02-072024-02-082024-02-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2802023-11-072023-11-082023-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2802023-08-072023-08-082023-08-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2802023-05-052023-05-082023-05-15Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.12/32.80
=3.41 %

Current Share Price is $32.80.
Federated Hermes's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.12.

During the past 13 years, the highest Dividend Yield of Federated Hermes was 6.79%. The lowest was 2.48%. And the median was 3.36%.

* 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.


Federated Hermes 3-Year Dividend Growth Rate Related Terms>


Federated Hermes (Federated Hermes) Business Description

Traded in Other Exchanges
Address
1001 Liberty Avenue, Pittsburgh, PA, USA, 15222-3779
Federated provides asset management services for institutional and individual investors. The company had $715.2 billion in managed assets at the end of September 2023, composed of equity (11%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (73%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 31%, 12%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (27%), and international clients (10%).
Executives
Saker Anwar Nusseibeh officer: CEO, Hermes Fund Managers Ltd. HERMES INVESTMENT MANAGEMENT, 150 CHEAPSIDE, 6TH FLOOR, LONDON X0 EC2V6ET
John B Fisher director, officer: Pres Inst Sales Div. FSC 1001 LIBERTY AVENUE, FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Dolores D Dudiak officer: Vice President 1001 LIBERTY AVENUE, 19TH FLOOR, PITTSBURGH PA 15222
Gordon J Ceresino officer: Exec. Director, Int'l Dist. FEDERATED MDT ADVISER, 125 HIGH STREET, OLIVER STREET TOWER, 21ST FLOOR, BOSTON MA 02110
Richard A Novak officer: Principal Accounting Officer FEDERATED INVESTORS INC., FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Paul A Uhlman officer: Vice President 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Peter J Germain officer: EVP, Chief Legal Officer & GC C/O FEDERATED INVESTORS, 1001 LIBERTY AVE, PITTSBURGH PA 15222
Meter Stephen Van officer: VP, Chief Compliance Officer FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
J Christopher Donahue director, officer: President and CEO 5800 CORPORATE DRIVE, PITTSBURGH PA 15237-7000
Michael J Farrell director 1001 LIBERTY AVENUE, FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Thomas R Donahue director, officer: VP, CFO, Treasurer 5800 CORPORATE DRIVE, PITTSBURGH PA 15237-7000
Marie Milie Jones director FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Eugene F Maloney director, officer: Vice President FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Joseph C Bartolacci director
Thomas E Territ officer: Vice President FEDERATED INVESTORS, INC., FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779