GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ashtead Group PLC (OTCPK:ASHTY) » Definitions » Dividend Payout Ratio

ASHTY (Ashtead Group) Dividend Payout Ratio : 0.76 (As of Oct. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Ashtead Group Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Ashtead Group's Dividend Payout Ratio for the months ended in Oct. 2024 was 0.76.

The historical rank and industry rank for Ashtead Group's Dividend Payout Ratio or its related term are showing as below:

ASHTY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.21   Max: 0.28
Current: 0.28


During the past 13 years, the highest Dividend Payout Ratio of Ashtead Group was 0.28. The lowest was 0.20. And the median was 0.21.

ASHTY's Dividend Payout Ratio is ranked better than
69.79% of 523 companies
in the Business Services industry
Industry Median: 0.4 vs ASHTY: 0.28

As of today (2025-03-04), the Dividend Yield % of Ashtead Group is 2.22%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ashtead Group was 2.70%. The lowest was 0.66%. And the median was 1.42%.

Ashtead Group's Dividends per Share for the months ended in Oct. 2024 was $3.54.

During the past 12 months, Ashtead Group'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 27.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 22.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ashtead Group was 128.90% per year. The lowest was -42.30% per year. And the median was 24.35% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Ashtead Group Dividend Payout Ratio Historical Data

The historical data trend for Ashtead Group's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Ashtead Group Dividend Payout Ratio Chart

Ashtead Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.24 0.20 0.21 0.26

Ashtead Group Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.19 - - 0.76

Competitive Comparison of Ashtead Group's Dividend Payout Ratio

For the Rental & Leasing Services subindustry, Ashtead Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


Ashtead Group's Dividend Payout Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashtead Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ashtead Group's Dividend Payout Ratio falls into.



Ashtead Group Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Ashtead Group's Dividend Payout Ratio for the fiscal year that ended in Apr. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Apr. 2024 )/ EPS without NRI (A: Apr. 2024 )
=3.974/ 15.372
=0.26

Ashtead Group's Dividend Payout Ratio for the quarter that ended in Oct. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2024 )/ EPS without NRI (Q: Oct. 2024 )
=3.537/ 4.64
=0.76

* 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.


Ashtead Group (OTCPK:ASHTY) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Ashtead Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Ashtead Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashtead Group Business Description

Traded in Other Exchanges
Address
100 Cheapside, London, GBR, EC2V 6DT
Ashtead is an equipment rental business with operations in the US, Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the US where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.

Ashtead Group Headlines

From GuruFocus

Q3 2021 Ashtead Group PLC Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q4 2022 Ashtead Group PLC Earnings Presentation Transcript

By GuruFocus Research 02-12-2024

Q3 2024 Ashtead Group PLC Earnings Presentation Transcript

By GuruFocus Research 03-06-2024

Q2 2024 Ashtead Group PLC Earnings Call Transcript

By GuruFocus News 12-12-2024

Q1 2023 Ashtead Group PLC Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q2 2024 Ashtead Group PLC Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q4 2023 Ashtead Group PLC Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q3 2022 Ashtead Group PLC Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q2 2022 Ashtead Group PLC Earnings Call Transcript

By GuruFocus Research 02-12-2024