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Canadian Western Bank (TSX:CWB) 3-Year Dividend Growth Rate

: 4.20% (As of Jan. 2024)
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Canadian Western Bank's Dividends per Share for the three months ended in Jan. 2024 was C$0.34.

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

TSX:CWB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -41.6   Med: 9.5   Max: 30.3
Current: 4.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canadian Western Bank was 30.30% per year. The lowest was -41.60% per year. And the median was 9.50% per year.

TSX:CWB's 3-Year Dividend Growth Rate is ranked worse than
66.11% of 782 companies
in the Banks industry
Industry Median: 7.35 vs TSX:CWB: 4.20

During the past 12 months, Canadian Western Bank's average Dividends Per Share Growth Rate was 6.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.00% 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.

Canadian Western Bank's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.37. As of today, Canadian Western Bank's Dividend Yield % is 5.10%.

Good Sign:

Canadian Western Bank stock dividend yield is close to 3-year high.

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


Competitive Comparison

For the Banks - Regional subindustry, Canadian Western Bank'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.


Canadian Western Bank 3-Year Dividend Growth Rate Distribution

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

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



Canadian Western Bank 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.


Canadian Western Bank  (TSX:CWB) 3-Year Dividend Growth Rate Explanation

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

Canadian Western Bank's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.34/ 0.91
=0.37

During the past 13 years, the highest Dividend Payout Ratio of Canadian Western Bank was 0.41. The lowest was 0.21. And the median was 0.33.

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

Canadian Western Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.3402024-03-062024-03-072024-03-21Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3402023-12-202023-12-212024-01-04Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3302023-09-132023-09-142023-09-28Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3302023-06-072023-06-082023-06-22Cash DividendquarterlyCAD:CAD 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.

Canadian Western Bank's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.34/26.42
=5.07 %

Current Share Price is C$26.42.
Canadian Western Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.34.

During the past 13 years, the highest Dividend Yield of Canadian Western Bank was 6.31%. The lowest was 1.76%. And the median was 3.36%.

Good Sign:

Canadian Western Bank stock dividend yield is close to 3-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.


Canadian Western Bank 3-Year Dividend Growth Rate Related Terms>


Canadian Western Bank (TSX:CWB) Business Description

Address
10303 Jasper Avenue, Suite 3000, Edmonton, AB, CAN, T5J 3X6
Canadian Western Bank is a diversified financial service organization providing banking, trust, and wealth management services. The group operates through a number of subsidiaries providing different areas of financial services. Canadian Western Bank offers business banking services including general commercial banking, equipment financing and leasing, real estate financing, and other services for small- and medium-sized companies, as well as personal banking services including chequing and savings accounts, loans, mortgages, and investment products. Canadian Western Trust is engaged in retirement, trustee, and custodial solutions for financial advisors, corporations, and individuals. The company receives maximum revenue from interest income.

Canadian Western Bank (TSX:CWB) Headlines

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