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Ross Stores (LTS:0KXO) Dividend Payout Ratio : 0.25 (As of Oct. 2024)


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What is Ross Stores 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. Ross Stores's Dividend Payout Ratio for the months ended in Oct. 2024 was 0.25.

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

LTS:0KXO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.22   Max: 1.19
Current: 0.23


During the past 13 years, the highest Dividend Payout Ratio of Ross Stores was 1.19. The lowest was 0.18. And the median was 0.22.

LTS:0KXO's Dividend Payout Ratio is ranked better than
78.08% of 511 companies
in the Retail - Cyclical industry
Industry Median: 0.41 vs LTS:0KXO: 0.23

As of today (2024-12-11), the Dividend Yield % of Ross Stores is 0.94%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ross Stores was 1.63%. The lowest was 0.21%. And the median was 0.89%.

Ross Stores's Dividends per Share for the months ended in Oct. 2024 was $0.37.

During the past 12 months, Ross Stores's average Dividends Per Share Growth Rate was 9.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 67.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ross Stores was 67.50% per year. The lowest was -23.60% per year. And the median was 21.50% 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.


Ross Stores Dividend Payout Ratio Historical Data

The historical data trend for Ross Stores'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.

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Ross Stores Dividend Payout Ratio Chart

Ross Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.28 0.24

Ross Stores 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 0.25 0.18 0.25 0.23 0.25

Competitive Comparison of Ross Stores's Dividend Payout Ratio

For the Apparel Retail subindustry, Ross Stores'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.


Ross Stores's Dividend Payout Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ross Stores's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ross Stores's Dividend Payout Ratio falls into.



Ross Stores 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.

Ross Stores's Dividend Payout Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jan. 2024 )/ EPS without NRI (A: Jan. 2024 )
=1.34/ 5.56
=0.24

Ross Stores'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 )
=0.368/ 1.48
=0.25

* 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.


Ross Stores (LTS:0KXO) 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.


Ross Stores Dividend Payout Ratio Related Terms

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


Ross Stores Business Description

Address
5130 Hacienda Drive, Dublin, CA, USA, 94568-7579
Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. The company opportunistically procures excess brand-name merchandise made available via manufacturing overruns and retail liquidation sales at a 20%-60% discount to full prices. As such, its stores are often filled with a vast array of stock-keeping units, each with minimal product depth that creates a treasure hunt shopping experience. The firm's more than 1,750 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates about 350 DD's Discounts chains targeting lower-income shoppers.

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