The historical rank and industry rank for Top 10 Split Trust's 3-Year Dividend Growth Rate or its related term are showing as below:
TSX:TXT.PR.A.PFD'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -32.4 Med: 1 Max: 14.5
Current: 14.5
During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Top 10 Split Trust was 14.50% per year. The lowest was -32.40% per year. And the median was 1.00% per year.
TSX:TXT.PR.A.PFD's 3-Year Dividend Growth Rate is ranked better than 82.29% of 864
companies
in the Asset Management industry
Industry Median: 1.7
vs TSX:TXT.PR.A.PFD: 14.50
During the past 12 months, Top 10 Split Trust's average Dividends Per Share Growth Rate was -43.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -7.70% 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.
Top 10 Split Trust stock dividend yield is close to 2-year low.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Top 10 Split Trust's 3-Year Dividend Growth Rate
For the Asset Management subindustry, Top 10 Split Trust'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.
Top 10 Split Trust's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Top 10 Split Trust's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Top 10 Split Trust's 3-Year Dividend Growth Rate falls into.
Top 10 Split Trust 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.
Top 10 Split Trust (TSX:TXT.PR.A.PFD) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Top 10 Split Trust's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 9 years, the highest Dividend Payout Ratio of Top 10 Split Trust was 0.50. The lowest was 0.07. And the median was 0.12.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Top 10 Split Trust Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 0.195
2024-03-14
2024-03-15
2024-03-28
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.195
2023-12-14
2023-12-15
2023-12-29
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.195
2023-09-14
2023-09-15
2023-09-29
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.195
2023-06-14
2023-06-15
2023-06-30
Cash Dividend
quarterly
CAD: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.
Top 10 Split Trust's Dividend Yield (%) for Today is calculated as
Current Share Price is C$11.50.
Top 10 Split Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.78.
During the past 9 years, the highest Dividend Yield of Top 10 Split Trust was 19.48%. The lowest was 2.06%. And the median was 8.42%.
Warning Sign:
Top 10 Split Trust 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.
Top 10 Split Trust 3-Year Dividend Growth Rate Related Terms>
Top 10 Split Trust (TSX:TXT.PR.A.PFD) Business Description
Top 10 Split Trust is a Canada-based closed-end investment trust. The fund invests in a portfolio of securities consisting of common equity securities of Canadian banks and Canadian life insurance companies. Its investment objective is to provide unitholders with the benefit of capital appreciation in the market price of the securities in the fund's portfolio.
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