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Caribbean Utilities Co (Caribbean Utilities Co) 5-Year Dividend Growth Rate : 0.60% (As of Dec. 2023)


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What is Caribbean Utilities Co 5-Year Dividend Growth Rate?

Caribbean Utilities Co's Dividends per Share for the three months ended in Dec. 2023 was $0.18.

During the past 12 months, Caribbean Utilities Co's average Dividends Per Share Growth Rate was 2.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.00% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Caribbean Utilities Co was 15.40% per year. The lowest was -11.50% per year. And the median was 1.05% per year.

Caribbean Utilities Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.78. As of today, Caribbean Utilities Co's Dividend Yield % is 5.19%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Caribbean Utilities Co Ltd is 0.74, which seems too high.

Warning Sign:

Caribbean Utilities Co Ltd stock dividend yield is close to 1-year low.

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


Competitive Comparison of Caribbean Utilities Co's 5-Year Dividend Growth Rate

For the Utilities - Regulated Electric subindustry, Caribbean Utilities Co's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


Caribbean Utilities Co's 5-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Caribbean Utilities Co's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Caribbean Utilities Co's 5-Year Dividend Growth Rate falls into.



Caribbean Utilities Co 5-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 least square regression.

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.


Caribbean Utilities Co  (OTCPK:CUPUF) 5-Year Dividend Growth Rate Explanation

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

Caribbean Utilities Co'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 )
=0.18/ 0.23
=0.78

During the past 13 years, the highest Dividend Payout Ratio of Caribbean Utilities Co was 1.04. The lowest was 0.74. And the median was 0.94.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Caribbean Utilities Co Ltd is 0.74, which seems too high.

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

Caribbean Utilities Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1802024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-05-312023-06-012023-06-15Cash DividendquarterlyUSD: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.

Caribbean Utilities Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.72/13.86
=5.19 %

Current Share Price is $13.86.
Caribbean Utilities Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.72.

During the past 13 years, the highest Dividend Yield of Caribbean Utilities Co was 6.57%. The lowest was 4.01%. And the median was 5.18%.

Warning Sign:

Caribbean Utilities Co Ltd stock dividend yield is close to 1-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.


Caribbean Utilities Co 5-Year Dividend Growth Rate Related Terms

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Caribbean Utilities Co (Caribbean Utilities Co) Business Description

Traded in Other Exchanges
Address
457 North Sound Road, P.O. Box 38, Grand Cayman, CYM, KY1-1101
Caribbean Utilities Co Ltd is the sole supplier of electricity on Grand Cayman with a total installed generating capacity of 166 MW, nine transformer substations, approximately 552 miles of land-based high voltage transmission and distribution lines and 15 miles of high-voltage submarine cable. The Company uses diesel generation to produce electricity for Grand Cayman.

Caribbean Utilities Co (Caribbean Utilities Co) Headlines