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Terex (TEX) 3-Year Dividend Growth Rate

: 74.70% (As of Dec. 2023)
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Terex's Dividends per Share for the three months ended in Dec. 2023 was $0.17.

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

TEX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -27.9   Med: 16.65   Max: 77.6
Current: 74.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Terex was 77.60% per year. The lowest was -27.90% per year. And the median was 16.65% per year.

TEX's 3-Year Dividend Growth Rate is ranked better than
94.32% of 88 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 10.75 vs TEX: 74.70

During the past 12 months, Terex's average Dividends Per Share Growth Rate was 23.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 74.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.00% 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.

Terex's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.09. As of today, Terex's Dividend Yield % is 1.08%.

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


Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Terex'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.


Terex 3-Year Dividend Growth Rate Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Terex's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Terex 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.


Terex  (NYSE:TEX) 3-Year Dividend Growth Rate Explanation

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

Terex'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 )
=0.17/ 1.88
=0.09

During the past 13 years, the highest Dividend Payout Ratio of Terex was 0.92. The lowest was 0.08. And the median was 0.14.

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

Terex Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1702024-03-072024-03-082024-03-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-11-082023-11-092023-12-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-08-112023-08-142023-09-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-06-052023-06-062023-06-20Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.66/62.51
=1.06 %

Current Share Price is $62.51.
Terex's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.66.

During the past 13 years, the highest Dividend Yield of Terex was 3.53%. The lowest was 0.11%. And the median was 0.99%.

* 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.


Terex 3-Year Dividend Growth Rate Related Terms>


Terex (TEX) Business Description

Traded in Other Exchanges
Address
45 Glover Avenue, 4th Floor, Norwalk, CT, USA, 06850
Terex is a global manufacturer of aerial work platforms, materials processing equipment, and specialty equipment, such as material handlers, cranes, and concrete mixer trucks. Its current composition is a result of numerous acquisitions over several decades and a recent shift to focus on its two core segments after divesting a handful of underperforming businesses. Terex's remaining segments see heavy demand in nonresidential construction as well as in maintenance, manufacturing, energy, and materials management.
Executives
Garrison John L Jr officer: CEO AND PRESIDENT C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Amy George officer: Senior V.P. Human Resources C/O TEREX CORPORATION, 200 NYALA FARMS ROAD, WESTPORT CT 06880
Stephen Johnston officer: Chief Accounting Officer C/O TEREX CORP, 200 NYALA FARM ROAD, WESTPOT CT 06880
David A Sachs director C/O TEREX CORP, 200 NYALA FARM ROAD, WESTPORT CT 06880
Julie A Beck officer: Senior Vice President, Finance ONE INVACARE WAY, ELYRIA OH 44035
Andra Rush director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Oluseun Salami director C/O TEREX CORPORATION, 45 GLOVER AVENUE, NORWALK CT 06850
Kieran Hegarty officer: President, Materials Processin C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Simon Meester officer: President - Genie C/O TEREX CORP, 45 GLOVER AVENUE, 4TH FLOOR, NORWALK CT 06850
Scott Posner officer: Senior V.P., Gen Counsel Sec. C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Paula H Cholmondeley director 221 W PHILADELPHIA ST, SUITE 60W, YORK PA 17401-2991
John D Sheehan officer: Senior Vice President, CFO 5725 DELPHI DRIVE, TROY MI 48098
Mark I Clair officer: VP Controller & CAO C/O HEXCEL CORPORATION, 281 TRESSER BOULEVARD, STAMFORD CT 06901
Christopher Rossi director C/O KENNAMETAL INC., 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Matthew Fearon officer: President Terex AWP C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880

Terex (TEX) Headlines

From GuruFocus

Terex Announces Quarterly Dividend

By PRNewswire PRNewswire 05-18-2023

Terex Raises Dividend

By PRNewswire 07-11-2023

Terex Announces Dividend Increase of 15%

By PRNewswire PRNewswire 02-09-2023

Terex Announces Leadership Succession Plan

By PRNewswire 10-17-2023