Cortland Bancorp (Cortland Bancorp) 3-Year Dividend Growth Rate : 20.50% (As of Jun. 2021)

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What is Cortland Bancorp 3-Year Dividend Growth Rate?

Cortland Bancorp's Dividends per Share for the three months ended in Jun. 2021 was $0.15.

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

CLDB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0 Med: 2.7 Max: 47.8
Current: 20.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cortland Bancorp was 47.80% per year. The lowest was 0.00% per year. And the median was 2.70% per year.

CLDB's 3-Year Dividend Growth Rate is not ranked
in the Banks industry.
Industry Median: 7.6 vs CLDB: 20.50

During the past 12 months, Cortland Bancorp's average Dividends Per Share Growth Rate was 24.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.60% 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.

Cortland Bancorp's Dividend Payout Ratio for the three months ended in Jun. 2021 was 0.31. As of today, Cortland Bancorp's Dividend Yield % is 1.99%.

Warning Sign:

Cortland Bancorp stock dividend yield is close to 2-year low.

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

Competitive Comparison of Cortland Bancorp's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Cortland Bancorp'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.

Cortland Bancorp's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Cortland Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

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

Cortland Bancorp 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.

Cortland Bancorp (NAS:CLDB) 3-Year Dividend Growth Rate Explanation

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

Cortland Bancorp's Dividend Payout Ratio for the quarter that ended in Jun. 2021 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2021 )	/	EPS without NRI (Q: Jun. 2021 )
	=	0.15	/	0.48
	=	0.31

During the past 13 years, the highest Dividend Payout Ratio of Cortland Bancorp was 0.32. The lowest was 0.21. And the median was 0.26.

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

During the past 13 years, the highest Dividend Yield of Cortland Bancorp was 3.88%. The lowest was 0.27%. And the median was 1.61%.

Warning Sign:

Cortland Bancorp stock dividend yield is close to 2-year low.

* 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.

Cortland Bancorp 3-Year Dividend Growth Rate Related Terms>

Cortland Bancorp (Cortland Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cortland Bancorp (NAS:CLDB) » Definitions » 3-Year Dividend Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

194 West Main Street, Cortland, OH, USA, 44410

Website

https://www.cortlandbank.com

Cortland Bancorp is a bank holding company. It is involved in owning, managing and supervising the Cortland bank. The bank is a full-service state-chartered bank that offers commercial and retail banking services. Its products and services include checking accounts, savings accounts, time deposit accounts, commercial and mortgage and installment loans, commercial and consumer lending, internet, and mobile banking options. The company operates in only one segment that is commercial banking.

Executives

David C Cole	director	194 WEST MAIN STREET CORTLAND OH 44410
Hoffman James E Iii	director	194 WEST MAIN STREET CORTLAND OH 44410
Richard B Thompson	director	194 WEST MAIN STREET, CORTLAND OH 44410
Timothy K Woofter	director	194 WEST MAIN STREET CORTLAND OH 44410
Neil J Kaback	director
Joseph E Koch	director	194 WEST MAIN ST. CORTLAND OH 44410
Anthony R Vross	director	194 WEST MAIN STREET CORTLAND OH 44410
Joseph P Langhenry	director	194 WEST MAIN ST. CORTLAND OH 44410
Michael P. Lipke	officer: Vice President	194 WEST MAIN STREET CORTLAND OH 44410
David J Lucido	officer: SVP & CFO	194 WEST MAIN STREET CORTLAND OH 44410
James M Gasior	director, officer: President & CEO	194 WEST MAIN STREET, CORTLAND OH 44410
Thomas P Perciak	director
Stanley P Feret	officer: SVP & CLO	194 WEST MAIN ST. CORTLAND OH 44410
Hicham S Chahine	director	194 WEST MAIN STREET CORTLAND OH 44410
Joseph G. Johnson	officer: SVP & Section 16 Officer	194 WEST MAIN STREET CORTLAND OH 44410