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Dolby Laboratories (Dolby Laboratories) 3-Year Dividend Growth Rate

: 7.10% (As of Dec. 2023)
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Dolby Laboratories's Dividends per Share for the three months ended in Dec. 2023 was $0.30.

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

DLB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 7.1   Med: 13.75   Max: 17
Current: 7.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dolby Laboratories was 17.00% per year. The lowest was 7.10% per year. And the median was 13.75% per year.

DLB's 3-Year Dividend Growth Rate is ranked worse than
60.86% of 350 companies
in the Business Services industry
Industry Median: 10.4 vs DLB: 7.10

During the past 12 months, Dolby Laboratories's average Dividends Per Share Growth Rate was 8.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.30% 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.

Dolby Laboratories's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.40. As of today, Dolby Laboratories's Dividend Yield % is 1.44%.

Good Sign:

Dolby Laboratories Inc stock dividend yield is close to 10-year high.

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


Competitive Comparison

For the Specialty Business Services subindustry, Dolby Laboratories'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.


Dolby Laboratories 3-Year Dividend Growth Rate Distribution

For the Business Services industry and Industrials sector, Dolby Laboratories's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Dolby Laboratories 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.


Dolby Laboratories  (NYSE:DLB) 3-Year Dividend Growth Rate Explanation

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

Dolby Laboratories'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 )
=0.3/ 0.742
=0.40

During the past 13 years, the highest Dividend Payout Ratio of Dolby Laboratories was 1.65. The lowest was 0.23. And the median was 0.30.

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

Dolby Laboratories Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3002024-02-122024-02-132024-02-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-11-272023-11-282023-12-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.2702023-08-112023-08-142023-08-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.2702023-05-152023-05-162023-05-23Cash 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.

Dolby Laboratories's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.14/78.18
=1.46 %

Current Share Price is $78.18.
Dolby Laboratories's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.14.

During the past 13 years, the highest Dividend Yield of Dolby Laboratories was 1.60%. The lowest was 0.23%. And the median was 1.05%.

Good Sign:

Dolby Laboratories Inc stock dividend yield is close to 10-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.


Dolby Laboratories 3-Year Dividend Growth Rate Related Terms>


Dolby Laboratories (Dolby Laboratories) Business Description

Traded in Other Exchanges
Address
1275 Market Street, San Francisco, CA, USA, 94103-1410
Dolby Laboratories Inc develops audio and surround sound for cinema, broadcast, home audio systems, in-car entertainment systems, DVD players, games, televisions, and personal computers. The company generates three fourths of its revenue from licensing its technology to consumer electronics manufacturers around the world. The rest of revenue comes from equipment sales to professional producers and audio engineering services.
Executives
Kevin J Yeaman officer: VP, Chief Financial Officer C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Mark Andrew Sherman officer: EVP, GEN. COUN. & SECRTY DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
John D Couling officer: SVP, Entertainment C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Todd Pendleton officer: SVP, Chief Marketing Officer 1275 MARKET STREET, SAN FRANCISCO CA 94103
Emily Rollins director C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Anjali Sud director C/O VIMEO INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Simon Segars director C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Avadis Tevanian director DOLBY LABORATORIES INC, 1275 MARKET STREET, SAN FRANCISCO CA 94103
Peter C Gotcher director
Ryan Nicholson officer: VP, Corporate Controller C/O DOLBY LABORATORIES INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Shriram Revankar officer: SVP, Advanced Technology Group C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Tony A Prophet director 9 BERNICE STREET, SAN FRANCISCO CA 94103
Robert J Park officer: SVP & Chief Financial Officer C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Steven E Forshay officer: Sr. Vice President, Research 1275 MARKET STREET, SAN FRANCISCO CA 94103
Lewis Chew officer: EVP, Chief Financial Officer DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103