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Finning International (Finning International) Dividend Payout Ratio : 0.30 (As of Dec. 2023)


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What is Finning International Dividend Payout Ratio?

Finning International's dividend payout ratio for the months ended in Dec. 2023 was 0.30.

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

FINGF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.5   Max: 1.35
Current: 0.27


During the past 13 years, the highest Dividend Payout Ratio of Finning International was 1.35. The lowest was 0.27. And the median was 0.50.

FINGF's Dividend Payout Ratio is ranked better than
62.64% of 91 companies
in the Industrial Distribution industry
Industry Median: 0.35 vs FINGF: 0.27

As of today (2024-05-01), the Dividend Yield % of Finning International is 2.31%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Finning International was 6.08%. The lowest was 1.88%. And the median was 2.75%.

Finning International's Dividends per Share for the months ended in Dec. 2023 was $0.19.

During the past 12 months, Finning International's average Dividends Per Share Growth Rate was 5.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Finning International was 26.00% per year. The lowest was 2.80% per year. And the median was 9.30% per year.

The growth rate is calculated with least square regression.

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


Finning International Dividend Payout Ratio Historical Data

The historical data trend for Finning International'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.

Finning International Dividend Payout Ratio Chart

Finning International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.49 0.39 0.29 0.27

Finning International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.27 0.30 0.25 0.24 0.30

Competitive Comparison of Finning International's Dividend Payout Ratio

For the Industrial Distribution subindustry, Finning International'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.


Finning International's Dividend Payout Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Finning International's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Finning International's Dividend Payout Ratio falls into.



Finning International Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Finning International's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.735/ 2.751
=0.27

Finning International'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 )
=0.186/ 0.628
=0.30

* 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.


Finning International (OTCPK:FINGF) Dividend Payout Ratio Explanation

In dividends investing, 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.


Finning International Dividend Payout Ratio Related Terms

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


Finning International (Finning International) Business Description

Traded in Other Exchanges
Address
19100 94th Avenue, Surrey, BC, CAN, V4N 5C3
Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery. The company operates in Canada, South America, UK and Ireland, and others.

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