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Howmet Aerospace (Howmet Aerospace) 3-Year Dividend Growth Rate : 104.10% (As of Dec. 2023)


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What is Howmet Aerospace 3-Year Dividend Growth Rate?

Howmet Aerospace's Dividends per Share for the three months ended in Dec. 2023 was $0.05.

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

HWM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -56.3   Med: -5.9   Max: 104.1
Current: 104.1

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Howmet Aerospace was 104.10% per year. The lowest was -56.30% per year. And the median was -5.90% per year.

HWM's 3-Year Dividend Growth Rate is ranked better than
97.26% of 73 companies
in the Aerospace & Defense industry
Industry Median: 9.9 vs HWM: 104.10

During the past 12 months, Howmet Aerospace's average Dividends Per Share Growth Rate was 70.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 104.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.40% 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.

Howmet Aerospace's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.09. As of today, Howmet Aerospace's Dividend Yield % is 0.27%.

Warning Sign:

Howmet Aerospace Inc stock dividend yield is close to 1-year low.

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


Competitive Comparison of Howmet Aerospace's 3-Year Dividend Growth Rate

For the Aerospace & Defense subindustry, Howmet Aerospace'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.


Howmet Aerospace's 3-Year Dividend Growth Rate Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Howmet Aerospace 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.


Howmet Aerospace  (NYSE:HWM) 3-Year Dividend Growth Rate Explanation

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

Howmet Aerospace'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 )
=0.05/ 0.53
=0.09

During the past 10 years, the highest Dividend Payout Ratio of Howmet Aerospace was 1.14. The lowest was 0.02. And the median was 0.09.

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

Howmet Aerospace Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0502024-02-082024-02-092024-02-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.0502023-11-092023-11-102023-11-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.0402023-08-032023-08-042023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.0402023-05-042023-05-052023-05-25Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.18/67.11
=0.27 %

Current Share Price is $67.11.
Howmet Aerospace's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.18.

During the past 10 years, the highest Dividend Yield of Howmet Aerospace was 1.87%. The lowest was 0.06%. And the median was 0.43%.

Warning Sign:

Howmet Aerospace Inc stock dividend yield is close to 1-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.


Howmet Aerospace 3-Year Dividend Growth Rate Related Terms>


Howmet Aerospace (Howmet Aerospace) Business Description

Address
201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872
Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with innovative solutions through offering differentiated products such as airfoils with advanced cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.
Executives
Gunner Smith director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Neil Edward Marchuk officer: Executive Vice President 12025 TECH CENTER DRIVE, LIVONIA MI 48150
Barbara Lou Shultz officer: Vice President and Controller 201 ISABELLA STREET, PITTSBURGH PA 15212
Ken Giacobbe officer: Exec VP and CFO ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
Michael Niem Chanatry officer: Vice President 201 ISABELLA STREET, SUITE 200, PITTSBURGH PA 15212
Lola Felice Lin officer: EVP, CLO and Secretary 201 ISABELLA STREET, SUITE 200, PITTSBURGH PA 15212
Sharon R Barner director 500 JACKSON STREET, COLUMBUS IN 47201
Jody Miller director 225 SOUTH SIXTH STREET, 9TH FLOOR, MINNEAPOLIS MN 55402
Robert F Leduc director UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Nicole Weyerhaeuser Piasecki director 2000 WELLS FARGO PLACE, 30 EAST 7TH STREET, SAINT PAUL MN 55101-4930
Tolga I Oal director, officer: Co-Chief Executive Officer 201 ISABELLA STREET, PITTSTBURGH PA 15212
Joseph S Cantie director C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098
Katherine H Ramundo officer: EVP, CLO & Secretary C/O APTIV, 5725 INNOVATION DRIVE, TROY MI 48098
Timothy Donald Myers officer: Executive Vice President ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
W Paul Myron officer: Vice President and Controller ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608

Howmet Aerospace (Howmet Aerospace) Headlines