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Lear (LEA) 3-Year Dividend Growth Rate

: 44.50% (As of Dec. 2023)
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Lear's Dividends per Share for the three months ended in Dec. 2023 was $0.77.

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

LEA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.1   Med: 21.05   Max: 44.5
Current: 44.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lear was 44.50% per year. The lowest was -20.10% per year. And the median was 21.05% per year.

LEA's 3-Year Dividend Growth Rate is ranked better than
87.9% of 537 companies
in the Vehicles & Parts industry
Industry Median: 10.1 vs LEA: 44.50

During the past 3 years, the average Dividends Per Share Growth Rate was 44.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.30% 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.

Lear's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.25. As of today, Lear's Dividend Yield % is 2.37%.

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


Competitive Comparison

For the Auto Parts subindustry, Lear'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.


Lear 3-Year Dividend Growth Rate Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Lear's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Lear 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.


Lear  (NYSE:LEA) 3-Year Dividend Growth Rate Explanation

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

Lear'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 )
=0.77/ 3.03
=0.25

During the past 13 years, the highest Dividend Payout Ratio of Lear was 0.56. The lowest was 0.09. And the median was 0.20.

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

Lear Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7702024-03-072024-03-082024-03-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.7702023-12-052023-12-062023-12-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.7702023-08-302023-08-312023-09-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.7702023-06-082023-06-092023-06-28Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.08/131.99
=2.33 %

Current Share Price is $131.99.
Lear's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.08.

During the past 13 years, the highest Dividend Yield of Lear was 4.16%. The lowest was 0.25%. And the median was 1.04%.

* 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.


Lear 3-Year Dividend Growth Rate Related Terms>


Lear (LEA) Business Description

Traded in Other Exchanges
Address
21557 Telegraph Road, Southfield, MI, USA, 48033
Lear designs, develops, and manufactures automotive seating and electrical systems and components. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems, high-voltage power distribution systems, domain controllers, telematics control units, gateway modules, vehicle positioning for automated and autonomous driving, embedded control software, cloud and mobile device software and services, and cybersecurity. Lear's largest customer and regional market is GM and North America at 20% and 44% of 2022 revenue, respectively.
Executives
Raymond E Scott director, officer: President & CEO
Carl A. Esposito officer: SVP & President, E-Systems 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Jason M Cardew officer: SVP & CFO 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Frank C Orsini officer: EVP & President, Seating 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Mallett Conrad L Jr director
Greg C Smith director FORD MOTOR COMPANY, 21175 OAKWOOD BLVD, DEARBORN MI 48124
Marianne Vidershain officer: VP, Treasurer 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Jonathan F Foster director 777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Thomas A Didonato officer: SVP & CAO AMERICAN EAGLE OUTFITTERS, INC., 150 THORN HILL DRIVE, WARRENDALE PA 15095
Alicia J. Davis officer: SVP, Corp Dev & Inv Relations 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Roger A Krone director
Patricia L Lewis director C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Bradley M Halverson director 100 N.E. ADAMS STREET, PEORIA IL 61629
Shari L Burgess officer: VP & Treasurer
Harry Albert Kemp officer: SVP, Gen Counsel & Corp Sec 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033