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Savaria (TSX:SIS) 3-Year Dividend Growth Rate : 3.70% (As of Dec. 2023)


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What is Savaria 3-Year Dividend Growth Rate?

Savaria's Dividends per Share for the three months ended in Dec. 2023 was C$0.13.

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

TSX:SIS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.8   Med: 16.4   Max: 46.3
Current: 3.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Savaria was 46.30% per year. The lowest was 0.80% per year. And the median was 16.40% per year.

TSX:SIS's 3-Year Dividend Growth Rate is ranked worse than
67.36% of 1109 companies
in the Industrial Products industry
Industry Median: 10.9 vs TSX:SIS: 3.70

During the past 12 months, Savaria's average Dividends Per Share Growth Rate was 2.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 16.70% 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.

Savaria's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.82. As of today, Savaria's Dividend Yield % is 3.07%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Savaria Corp is 0.89, which seems too high.

Warning Sign:

Savaria Corp stock dividend yield is close to 2-year low.

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


Competitive Comparison of Savaria's 3-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Savaria'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.


Savaria's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Savaria's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Savaria 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.


Savaria  (TSX:SIS) 3-Year Dividend Growth Rate Explanation

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

Savaria'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 )
=0.13/ 0.158
=0.82

During the past 13 years, the highest Dividend Payout Ratio of Savaria was 1.32. The lowest was 0.61. And the median was 0.78.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Savaria Corp is 0.89, which seems too high.

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

Savaria Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0432024-03-272024-03-282024-04-10Cash DividendmonthlyCAD: 1.000000
CAD 0.0432024-02-282024-02-292024-03-08Cash DividendmonthlyCAD: 1.000000
CAD 0.0432024-01-302024-01-312024-02-09Cash DividendmonthlyCAD: 1.000000
CAD 0.0432023-12-282023-12-292024-01-12Cash DividendmonthlyCAD: 1.000000
CAD 0.0432023-11-292023-11-302023-12-08Cash DividendmonthlyCAD: 1.000000
CAD 0.0432023-10-302023-10-312023-11-10Cash DividendmonthlyCAD: 1.000000
CAD 0.0432023-09-282023-09-292023-10-06Cash DividendmonthlyCAD: 1.000000
CAD 0.0432023-08-302023-08-312023-09-08Cash DividendmonthlyCAD: 1.000000
CAD 0.0432023-07-282023-07-312023-08-11Cash DividendmonthlyCAD: 1.000000
CAD 0.0432023-06-292023-06-302023-07-07Cash DividendmonthlyCAD: 1.000000
CAD 0.0432023-05-302023-05-312023-06-09Cash DividendmonthlyCAD: 1.000000
CAD 0.0432023-04-272023-04-282023-05-12Cash DividendmonthlyCAD: 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.516/16.66
=3.10 %

Current Share Price is C$16.66.
Savaria's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.516.

During the past 13 years, the highest Dividend Yield of Savaria was 5.04%. The lowest was 1.32%. And the median was 2.86%.

Warning Sign:

Savaria Corp 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.


Savaria 3-Year Dividend Growth Rate Related Terms>


Savaria (TSX:SIS) Business Description

Traded in Other Exchanges
Address
4350 Autoroute Chomedey, Laval, QC, CAN, H7R 6E9
Savaria Corp designs, engineers, and manufactures products for personal mobility. Its products include home elevators, wheelchair lifts, commercial elevators, ceiling lifts, stairlifts, and van conversions. The company's operating segments are the Accessibility, Adapted Vehicles, and Patient Handling, divisions. The Accessibility segment deals with manufacturing, designing, installing, and distributing elevators, platform lifts, and stairlifts for people with mobility challenges. The Adapted Vehicle segment adapts vans to be wheelchair accessible for people with mobility challenges. The Patient Handling segment includes the manufacturing and distribution of a comprehensive line of therapeutic support surfaces and other pressure management products for the medical market.

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