GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Norsk Hydro ASA (OTCPK:NHYDY) » Definitions » 3-Year Dividend Growth Rate

Norsk Hydro ASA (Norsk Hydro ASA) 3-Year Dividend Growth Rate

: 65.30% (As of Dec. 2023)
View and export this data going back to 2007. Start your Free Trial

Norsk Hydro ASA's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

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

NHYDY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -53.6   Med: 10.05   Max: 65.3
Current: 65.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Norsk Hydro ASA was 65.30% per year. The lowest was -53.60% per year. And the median was 10.05% per year.

NHYDY's 3-Year Dividend Growth Rate is ranked better than
80.22% of 182 companies
in the Metals & Mining industry
Industry Median: 23.55 vs NHYDY: 65.30

During the past 12 months, Norsk Hydro ASA's average Dividends Per Share Growth Rate was 66.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 65.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 28.80% 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.

Norsk Hydro ASA's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Norsk Hydro ASA's Dividend Yield % is 8.06%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Norsk Hydro ASA is 2.42, which seems too high.

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


Competitive Comparison

For the Aluminum subindustry, Norsk Hydro ASA'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.


Norsk Hydro ASA 3-Year Dividend Growth Rate Distribution

For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Norsk Hydro ASA 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.


Norsk Hydro ASA  (OTCPK:NHYDY) 3-Year Dividend Growth Rate Explanation

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

Norsk Hydro ASA'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/ -0.062
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Norsk Hydro ASA was 25.00. The lowest was 0.22. And the median was 0.85.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Norsk Hydro ASA is 2.42, which seems too high.

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

Norsk Hydro ASA Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5142023-05-112023-05-122023-05-31Cash DividendannuallyUSD: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.

Norsk Hydro ASA's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.514/6.38
=8.06 %

Current Share Price is $6.38.
Norsk Hydro ASA's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.514.

During the past 13 years, the highest Dividend Yield of Norsk Hydro ASA was 10.30%. The lowest was 1.39%. And the median was 3.05%.

* 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.


Norsk Hydro ASA 3-Year Dividend Growth Rate Related Terms>


Norsk Hydro ASA (Norsk Hydro ASA) Business Description

Address
Postboks 980 Skøyen,, Oslo, NOR, NO-0240
Norsk Hydro ASA is an aluminium and renewable energy company committed to a sustainable future. It's engaged in energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions, and aluminium recycling. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Extrusions, and Hydro Energy, as well as the Hydro Metal Markets activities. Hydro Extrusions delivers products within extrusion profiles, building systems, and precision tubing, and is operating several recycling facilities, both integrated with its extrusion plants and separate plants. Hydro Extrusions are present in about 40 countries. It is delivered to sectors such as construction, automotive and heating, etc. Key revenue comes from the Hydro Extrusions segment.

Norsk Hydro ASA (Norsk Hydro ASA) Headlines