ITT (ITT) Dividend Payout Ratio

: 0.22 (As of Dec. 2023)

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ITT's dividend payout ratio for the months ended in Dec. 2023 was 0.22.

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

ITT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.2 Max: 0.24
Current: 0.22

During the past 13 years, the highest Dividend Payout Ratio of ITT was 0.24. The lowest was 0.15. And the median was 0.20.

ITT's Dividend Payout Ratio is ranked better than
68.88% of 1674 companies
in the Industrial Products industry
Industry Median: 0.32 vs ITT: 0.22

As of today (2024-04-23), the Dividend Yield % of ITT is 0.95%.

During the past 13 years, the highest Trailing Annual Dividend Yield of ITT was 1.55%. The lowest was 0.73%. And the median was 1.06%.

ITT's Dividends per Share for the months ended in Dec. 2023 was $0.29.

During the past 12 months, ITT's average Dividends Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ITT was 24.80% per year. The lowest was -41.50% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

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

ITT Dividend Payout Ratio Historical Data

The historical data trend for ITT'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.

ITT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.15

0.21

0.22

0.24

0.22

ITT 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															0.21	0.25	0.22	0.21	0.22

Competitive Comparison

For the Specialty Industrial Machinery subindustry, ITT'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.

ITT Dividend Payout Ratio Distribution

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

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

ITT Dividend Payout Ratio Calculation

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

ITT'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 )
	=	1.16	/	5.21
	=	0.22

ITT'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 )
	=	0.29	/	1.34
	=	0.22

ITT (NYSE:ITT) 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.

ITT Dividend Payout Ratio Related Terms

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

ITT (ITT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITT Inc (NYSE:ITT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

2II:Germany 2II:Germany

Address

100 Washington Boulevard, 6th Floor, Stamford, CT, USA, 06902

Website

https://www.itt.com

ITT is a diversified industrial conglomerate with over $3 billion in sales. After the spinoffs of Xylem and Exelis in 2011, the company's products primarily include brake pads, shock absorbers, pumps, valves, connectors, and switches. Its customers include original-equipment and Tier 1 manufacturers as well as aftermarket customers. ITT uses a network of approximately 700 independent distributors, which accounts for about one third of overall revenue. Nearly three fourths of the company's sales are made in North America and Europe. ITT's primary end markets include automotive, rail, oil and gas, aerospace and defense, chemical, mining, and general industrial.

Executives

Ryan F. Flynn	officer: See Remarks	56 TECHNOLOGY DR., IRVINE CA 92618
Don Defosset	director	C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Nazzic S Keene	director	1710 SAIC DRIVE, MCLEAN VA 22102
Kevin C Berryman	director	521 WEST 57TH STREET, NEW YORK NY 10019
Maurine C. Lembesis	officer: See Remarks	8 RYANS RUN, PLEASANT VALLEY NY 12569
Carlo Ghirardo	officer: See Remarks	VIA BONINO, 5, BRA (CN) L6 12042
Fernando Roland	officer: SVP & Pres Industrial Process	100 WASHINGTON BLVD., 6TH FLOOR, STAMFORD CT 06902
Lori B. Marino	officer: SVP, General Counsel	100 WASHINGTON BLVD, STAMFORD CT 06902
De Mesa Graziano Cheryl	officer: VP, Chief Accounting Officer	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Emmanuel Caprais	officer: Chief Financial Officer	1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Mary Elizabeth Gustafsson	officer: See Remarks	ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Timothy H Powers	director	C/O RICHARD W DAVLES HUBBELL INC, 684 DERBY MILFORD RD, ORANGE CT 06477
Luca Savi	officer: See Remarks	C/O ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Bartek Markowiecki	officer: SVP, Strategy & Corp Dev.	C/O ITT INC., 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Orlando D Ashford	director	C/O AMERANT BANK, 220 ALHAMBRA CR., CORAL GABLES FL 33134