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Gen Digital (Gen Digital) 3-Year Dividend Growth Rate : 7.70% (As of Dec. 2023)


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What is Gen Digital 3-Year Dividend Growth Rate?

Gen Digital's Dividends per Share for the three months ended in Dec. 2023 was $0.13.

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

GEN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.6   Med: 7.7   Max: 18.6
Current: 7.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gen Digital was 18.60% per year. The lowest was -20.60% per year. And the median was 7.70% per year.

GEN's 3-Year Dividend Growth Rate is ranked worse than
66.37% of 553 companies
in the Software industry
Industry Median: 14.5 vs GEN: 7.70

During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.10% 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.

Gen Digital's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.57. As of today, Gen Digital's Dividend Yield % is 2.42%.

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


Competitive Comparison of Gen Digital's 3-Year Dividend Growth Rate

For the Software - Infrastructure subindustry, Gen Digital'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.


Gen Digital's 3-Year Dividend Growth Rate Distribution in the Software Industry

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

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



Gen Digital 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.


Gen Digital  (NAS:GEN) 3-Year Dividend Growth Rate Explanation

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

Gen Digital'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 )
=0.125/ 0.218
=0.57

During the past 13 years, the highest Dividend Payout Ratio of Gen Digital was 14.29. The lowest was 0.18. And the median was 0.69.

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

Gen Digital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1252024-02-152024-02-192024-03-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-11-172023-11-202023-12-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-08-182023-08-212023-09-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-05-192023-05-222023-06-14Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.5/20.63
=2.42 %

Current Share Price is $20.63.
Gen Digital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.5.

During the past 13 years, the highest Dividend Yield of Gen Digital was 3.61%. The lowest was 0.56%. And the median was 2.06%.

* 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.


Gen Digital 3-Year Dividend Growth Rate Related Terms>


Gen Digital (Gen Digital) Business Description

Industry
Traded in Other Exchanges
Address
60 E. Rio Salado Parkway, Suite 1000, Tempe, AZ, USA, 85281
Gen is a cybersecurity pure-play that offers security, identity protection, and privacy solutions to individual consumers. The firm's cyber safety offerings, via brands such as Norton, Avast, and LifeLock, have long maintained their positions as some of the most recognizable consumer-focused security and identity-protection products.
Executives
Ondrej Vlcek officer: President 110 HIGH HOLBORN, LONDON X0 WC1V 6JS
Natalie Marie Derse officer: CFO 60 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Pavel Baudis director 110 HIGH HOLBORN, LONDON X0 WC1V 6JS
Peter A Feld director 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Emily Heath director 60 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Sherrese M Smith director C/O CABLE ONE, INC., 210 E EARLL DRIVE, PHOENIX AZ 85012
Matthew Charles Brown officer: VP, Finance & CAO 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Samir Kapuria officer: EVP, Cyber Security Services 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Eric Brandt director C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Bryan Seuk Ko officer: EVP, General Counsel and Secre 80 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Nora Denzel director C/O OVERLAND STORAGE, INC., 4820 OVERLAND AVENUE, SAN DIEGO CA 92123
Slp Iv Seal Ii Gp, L.l.c. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp Iv Seal Ii Holdings, L.p. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Vincent Pilette officer: EVP, Finance 303 VELOCITY WAY, FOSTER CITY CA 94404
Gregory S. Clark director, officer: CEO EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626

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