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Becton Dickinson (Becton Dickinson) 3-Year Dividend Growth Rate

: 4.80% (As of Dec. 2023)
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Becton Dickinson's Dividends per Share for the three months ended in Dec. 2023 was $0.95.

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

BDX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.6   Med: 10.3   Max: 29.1
Current: 4.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Becton Dickinson was 29.10% per year. The lowest was 2.60% per year. And the median was 10.30% per year.

BDX's 3-Year Dividend Growth Rate is ranked worse than
74.14% of 174 companies
in the Medical Devices & Instruments industry
Industry Median: 12.45 vs BDX: 4.80

During the past 12 months, Becton Dickinson's average Dividends Per Share Growth Rate was 4.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.90% 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.

Becton Dickinson's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.82. As of today, Becton Dickinson's Dividend Yield % is 1.61%.

Good Sign:

Becton Dickinson & Co stock dividend yield is close to 5-year high.

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


Competitive Comparison

For the Medical Instruments & Supplies subindustry, Becton Dickinson'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.


Becton Dickinson 3-Year Dividend Growth Rate Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Becton Dickinson's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Becton Dickinson 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.


Becton Dickinson  (NYSE:BDX) 3-Year Dividend Growth Rate Explanation

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

Becton Dickinson'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 )
=0.95/ 1.162
=0.82

During the past 13 years, the highest Dividend Payout Ratio of Becton Dickinson was 1.71. The lowest was 0.30. And the median was 0.52.

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

Becton Dickinson Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.9502024-03-072024-03-082024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.9502023-12-072023-12-082023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.9102023-09-072023-09-082023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.9102023-06-082023-06-092023-06-30Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.72/233.15
=1.60 %

Current Share Price is $233.15.
Becton Dickinson's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.72.

During the past 13 years, the highest Dividend Yield of Becton Dickinson was 2.05%. The lowest was 1.14%. And the median was 1.43%.

Good Sign:

Becton Dickinson & Co stock dividend yield is close to 5-year high.

* 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.


Becton Dickinson 3-Year Dividend Growth Rate Related Terms>


Becton Dickinson (Becton Dickinson) Business Description

Address
1 Becton Drive, Franklin Lakes, NJ, USA, 07417-1880
Becton, Dickinson is the world's largest manufacturer and distributor of medical surgical products, such as needles, syringes, and sharps-disposal units. The company also manufactures pre-filled devices, diagnostic instruments and reagents, as well as flow cytometry and cell-imaging systems. BD Medical is nearly half of the total business, while BD Life Sciences (26% of estimated 2023 revenue) and BD Interventional (25%) account for the remainder. International revenue accounts for 43% of the company's business.
Executives
Michael David Garrison officer: EVP and President Medical BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Richard Byrd officer: EVP & President Interventional BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Claire Fraser director C/O BECTON, DICKINSON AND COMPANY, FRANKLIN LAKES NJ 07465
David Hickey officer: EVP & President, Life Sciences BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Joanne Waldstreicher director C/O STRUCTURE THERAPEUTICS INC., 611 GATEWAY BLVD, SUITE 223, SOUTH SAN FRANCISCO CA 94080
Michelle Quinn officer: EVP and Acting General Counsel 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
David Shan officer: EVP, Integrated Supply Chain 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Roland Goette officer: EVP and President, EMEA BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Christopher Delorefice officer: EVP & CFO BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Polen Thomas E Jr officer: Executive Vice President BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Samrat S. Khichi officer: EVP and General Counsel C/O CATALENT, INC., 14 SCHOOLHOUSE ROAD, SOMERSET NJ 08873
Rishi Grover officer: EVP and Chief ISC Officer BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Pavan Kumar Mocherla officer: EVP and President Greater Asia BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
James C Lim officer: Executive Vice President BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Thomas J Spoerel officer: VP Controller & Chief Acct Off BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417