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Invitation Homes (Invitation Homes) 3-Year Dividend Growth Rate : 30.10% (As of Dec. 2023)


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What is Invitation Homes 3-Year Dividend Growth Rate?

Invitation Homes's Dividends per Share for the three months ended in Dec. 2023 was $0.54.

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

INVH' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 15.6   Med: 24.65   Max: 39.7
Current: 30.1

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Invitation Homes was 39.70% per year. The lowest was 15.60% per year. And the median was 24.65% per year.

INVH's 3-Year Dividend Growth Rate is ranked better than
90.71% of 506 companies
in the REITs industry
Industry Median: 2.1 vs INVH: 30.10

During the past 12 months, Invitation Homes's average Dividends Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.80% 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.

Invitation Homes's Dividend Payout Ratio for the three months ended in Dec. 2023 was 3.60. As of today, Invitation Homes's Dividend Yield % is 3.11%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Invitation Homes Inc is 2.15, which seems too high.

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


Competitive Comparison of Invitation Homes's 3-Year Dividend Growth Rate

For the REIT - Residential subindustry, Invitation Homes'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.


Invitation Homes's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Invitation Homes's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Invitation Homes 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.


Invitation Homes  (NYSE:INVH) 3-Year Dividend Growth Rate Explanation

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

Invitation Homes'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 )
=0.54/ 0.15
=3.60

During the past 10 years, the highest Dividend Payout Ratio of Invitation Homes was 3.36. The lowest was 1.59. And the median was 2.12.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Invitation Homes Inc is 2.15, which seems too high.

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

Invitation Homes Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2802024-03-272024-03-282024-04-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.2802023-12-262023-12-272024-01-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.2602023-11-062023-11-072023-11-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.2602023-08-072023-08-082023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.2602023-05-092023-05-102023-05-26Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.34/34.72
=3.86 %

Current Share Price is $34.72.
Invitation Homes's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.34.

During the past 10 years, the highest Dividend Yield of Invitation Homes was 4.04%. The lowest was 0.26%. And the median was 1.88%.

* 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.


Invitation Homes 3-Year Dividend Growth Rate Related Terms>


Invitation Homes (Invitation Homes) Business Description

Industry
Traded in Other Exchanges
Address
1717 Main Street, Suite 2000, Dallas, TX, USA, 75201
Invitation Homes owns a portfolio of nearly 83,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price around $300,000 and generally less than 1,800 square feet. The portfolio is spread across 16 target markets that feature high employment and household formation growth with over 70% of the portfolio in the Western U.S. and Florida; 15 of the 16 markets featuring average rents lower than homeownership costs.
Executives
Scott G. Eisen officer: EVP, Chief Investment Officer 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Jonathan S. Olsen officer: EVP & CFO 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Keith D Taylor director 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Frances Aldrich Sevilla-sacasa director 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Dallas B Tanner officer: See Remarks C/O INVITATION HOMES INC., 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Janice L. Sears director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Charles D. Young officer: Chief Operating Officer C/O STARWOOD WAYPOINT RESIDENTIAL TRUST, 1999 HARRISON STREET, 24TH FLOOR, OAKLAND CA 94612
Bryce Blair director
Ernest Michael Freedman officer: See Remarks 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Kimberly K Norrell officer: See Remarks C/O INVITATION HOMES INC., 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Roizen Jo Ann Heidi director
Joseph D Margolis director C/O ARSENAL REAL ESTATE FUNDS, 117 ON THE GREEN, 67 PARK PLACE EAST, MORRISTOWN NJ 07960
Brep Ih6 Holdings Llc 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Ih3 Holdco Gp Llc 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Brep Vii-nq Side-by-side Gp L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154