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Hexcel (Hexcel) 3-Year Dividend Growth Rate : 43.30% (As of Mar. 2024)


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What is Hexcel 3-Year Dividend Growth Rate?

Hexcel's Dividends per Share for the three months ended in Mar. 2024 was $0.15.

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

HXL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -28.8   Med: 3.2   Max: 43.3
Current: 43.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hexcel was 43.30% per year. The lowest was -28.80% per year. And the median was 3.20% per year.

HXL's 3-Year Dividend Growth Rate is ranked better than
85.14% of 74 companies
in the Aerospace & Defense industry
Industry Median: 9.85 vs HXL: 43.30

During the past 12 months, Hexcel's average Dividends Per Share Growth Rate was 23.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 43.30% 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.

Hexcel's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.34. As of today, Hexcel's Dividend Yield % is 0.82%.

Good Sign:

Hexcel Corp stock dividend yield is close to 3-year high.

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


Competitive Comparison of Hexcel's 3-Year Dividend Growth Rate

For the Aerospace & Defense subindustry, Hexcel'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.


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

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

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



Hexcel 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.


Hexcel  (NYSE:HXL) 3-Year Dividend Growth Rate Explanation

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

Hexcel's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.15/ 0.44
=0.34

During the past 13 years, the highest Dividend Payout Ratio of Hexcel was 0.68. The lowest was 0.17. And the median was 0.18.

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

Hexcel Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1502024-02-082024-02-092024-02-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-11-022023-11-032023-11-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-08-032023-08-042023-08-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-05-042023-05-052023-05-12Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.525/64.395
=0.82 %

Current Share Price is $64.395.
Hexcel's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.525.

During the past 13 years, the highest Dividend Yield of Hexcel was 2.38%. The lowest was 0.17%. And the median was 0.75%.

Good Sign:

Hexcel Corp stock dividend yield is close to 3-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.


Hexcel 3-Year Dividend Growth Rate Related Terms>


Hexcel (Hexcel) Business Description

Traded in Other Exchanges
Address
281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, USA, 06901
Founded in 1948, Hexcel designs and manufactures a range of high-performance composite fibers, fabrics, resins, and structures for use in commercial aerospace, defense, and other industrial markets. These are engineered to be lighter than metal and perform under rigorous conditions in aircraft frames, wings, engines, and other components and subassemblies. The company's name derives from the six-sided honeycomb structures that lend many of its products their light weight and rigidity. Hexcel's biggest customers are Airbus (38% of 2022 sales) and Boeing (25% of prepandemic sales) and its respective subcontractors.
Executives
Gail E Lehman officer: See Remarks 801 CRESCENT CENTRE DRIVE, SUITE 600, FRANKLIN TN 37067
Marilyn Minus director C/O NORTHEASTERN UNIVERSITY, 360 HUNTINGTON AVENUE, MIE DEPT., 334SN, BOSTON MA 2115-5000
Thierry Merlot officer: See Remarks C/O HEXCEL CORPORATION, 281 TRESSER BLVD., STAMFORD CT 06901--326
Philippe Chevrier officer: See Remarks C/O HEXCEL CORPORATION, TWO STAMFORD PLAZA, 281 TRESSER BLVD., STAMFORD CT 06901
Gina Fitzsimons officer: See Remarks C/O HEXCEL CORPORATION, TWO STAMFORD PLAZA, 281 TRESSER BLVD., STAMFORD CT 06901
Robert George Hennemuth officer: See Remarks C/O HEXCEL CORPORATION, 281 TRESSER BLVD. 16TH FLOOR, STAMFORD CT 06901
Nick L Stanage officer: President 20807 DECATUR STREET, CASSOPOLIS MI 49031
Amy S Evans officer: See Remarks 2701 SPRUCE STREET, QUINCY IL 62301
Kimberly A. Hendricks officer: SVP, Corp. Controller & CAO 521 WEST 57TH STREET, NEW YORK NY 10019
Brett Raymond Schneider officer: President - Global Fibers C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901
Timothy Swords officer: President, Industrial C/O HEXCEL CORPORATION, 281 TRESSER BLVD., STAMFORD CT 06901-3261
Pritchett Colleen officer: See Remarks C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901
Jeffrey A Graves director C/O C&D TECHNOLOGIES, INC., 1400 UNION MEETING RD, BLUE BELL PA 19422
Patrick Winterlich officer: See Remarks HEXCEL CORPORATION, 281 TRESSER BLVD., STAMFORD CT 06901
Guy C Hachey director 5725 DELPHI DRIVE, TROY MI 48098