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Universal Display (Universal Display) 3-Year Dividend Growth Rate : 32.60% (As of Dec. 2023)


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What is Universal Display 3-Year Dividend Growth Rate?

Universal Display's Dividends per Share for the three months ended in Dec. 2023 was $0.35.

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

OLED' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 32.6   Med: 46.8   Max: 71
Current: 32.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Universal Display was 71.00% per year. The lowest was 32.60% per year. And the median was 46.80% per year.

OLED's 3-Year Dividend Growth Rate is ranked better than
76.53% of 899 companies
in the Hardware industry
Industry Median: 13.3 vs OLED: 32.60

During the past 12 months, Universal Display's average Dividends Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 42.50% 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.

Universal Display's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.27. As of today, Universal Display's Dividend Yield % is 0.92%.

Good Sign:

Universal Display Corp stock dividend yield is close to 1-year high.

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


Competitive Comparison of Universal Display's 3-Year Dividend Growth Rate

For the Electronic Components subindustry, Universal Display'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.


Universal Display's 3-Year Dividend Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Universal Display's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Universal Display 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.


Universal Display  (NAS:OLED) 3-Year Dividend Growth Rate Explanation

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

Universal Display'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 )
=0.35/ 1.29
=0.27

During the past 13 years, the highest Dividend Payout Ratio of Universal Display was 0.33. The lowest was 0.06. And the median was 0.21.

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

Universal Display Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4000002024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3500002023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3500002023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3500002023-06-152023-06-162023-06-30Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.45/157.89
=0.92 %

Current Share Price is $157.89.
Universal Display's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.45.

During the past 13 years, the highest Dividend Yield of Universal Display was 1.19%. The lowest was 0.02%. And the median was 0.29%.

Good Sign:

Universal Display Corp stock dividend yield is close to 1-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.


Universal Display 3-Year Dividend Growth Rate Related Terms>


Universal Display (Universal Display) Business Description

Traded in Other Exchanges
Address
250 Phillips Boulevard, Ewing, NJ, USA, 08618
Universal Display Corp researches, develops and manufactures organic light-emitting diode, or OLED, technologies for use in displays for mobile phones, tablets, televisions, wearables, personal computers, automotive interiors, and the solid-state lighting market. OLED technologies are an alternative to a light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. A large majority of the firm's revenue is generated in South Korea, with the rest coming from Japan, China, the United States, and other countries across the world.
Executives
Mauro Premutico officer: VP, Legal & GM, Licensing C/O UNIVERSAL DISPLAY CORPORATION, 375 PHILLIPS BLVD., EWING NJ 08618
Richard C Elias director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Julia J Brown officer: Chief Technical Officer
Lawrence Lacerte director C/O TERAGLOBAL COMMUNICATIONS CORP, 9171 TOWNE CENTRE DRIVE SUITE 600, SAN DIEGO CA 92122
Cynthia Jane Comparin director 1000 PARK DRIVE, LAWRENCE PA 15055
Brian Millard officer: VP/CFO C/O UNIVERSAL DISPLAY CORPORATION, 250 PHILLIPS BOULEVARD, EWING NJ 08618
Sidney D Rosenblatt director, officer: EVP & CFO
Elizabeth H Gemmill director
C Keith Hartley director 14 WYNNWOOD RD, GREENWICH CT 06830-3409
Janice K Mahon officer: VP of Tech Commercialization 375 PHILLIPS BLVD., 375 PHILLIPS BLVD., EWING NJ 08618
Celia M Joseph director C/O UNIVERSAL DISPLAY CORPORATION, 375 PHILLIPS BOULEVARD, EWING NJ 08618
Steven V Abramson director, officer: President and COO
Rosemarie B Greco director C/O PA. REAL ESTATE INV TR, 200 S BROAD ST, THE BELLVUE, PHILADELPHIA PA 19102
Sherwin I Seligsohn director, officer: Chairman of Board and Founder C/O UNIVERSAL DISPLAY CORPORATION, 375 PHILLIPS BLVD, EWING NJ 08618
Leonard Becker director BALA POINTE OFFICE CENTRE, 111 PRESIDENTIAL BLVD STE 103, BALA CYNWYD PA 19004