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Inghams Group (ASX:ING) Dividend Yield % : 5.93% (As of May. 03, 2024)


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What is Inghams Group Dividend Yield %?

As of today (2024-05-03), the Trailing Annual Dividend Yield of Inghams Group is 5.93%.

Good Sign:

Inghams Group Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Inghams Group's Dividend Yield % or its related term are showing as below:

ASX:ING' s Dividend Yield % Range Over the Past 10 Years
Min: 0.65   Med: 4.8   Max: 7.05
Current: 5.93

During the past 7 years, the highest Dividend Yield of Inghams Group was 7.05%. The lowest was 0.65%. And the median was 4.80%.

ASX:ING's Dividend Yield % is ranked better than
89.73% of 1100 companies
in the Consumer Packaged Goods industry
Industry Median: 2.38 vs ASX:ING: 5.93

Inghams Group's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.59.

During the past 7 years, the highest Dividend Payout Ratio of Inghams Group was 1.65. The lowest was 0.17. And the median was 0.63.

As of today (2024-05-03), the Forward Dividend Yield % of Inghams Group is 6.47%.

Inghams Group's Dividends per Share for the six months ended in Dec. 2023 was A$0.10.

During the past 12 months, Inghams Group's average Dividends Per Share Growth Rate was 107.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -34.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -19.90% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Inghams Group was 89.90% per year. The lowest was -34.50% per year. And the median was -9.15% per year.

The growth rate is calculated with least square regression.

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


Inghams Group Dividend Yield % Historical Data

The historical data trend for Inghams Group's Dividend Yield % 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.

Inghams Group Dividend Yield % Chart

Inghams Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial 5.12 5.56 3.57 6.01 1.91

Inghams Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % 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 4.71 6.01 2.50 1.91 3.66

Competitive Comparison of Inghams Group's Dividend Yield %

For the Farm Products subindustry, Inghams Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Inghams Group's Dividend Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inghams Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Inghams Group's Dividend Yield % falls into.



Inghams Group Dividend Yield % Calculation

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

Inghams Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.1200002024-03-142024-03-152024-04-05Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.1000002023-09-142023-09-152023-10-05Cash Dividendsemi-annuallyAUD:AUD 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.

Inghams Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.22/3.78
=5.82 %

Current Share Price is A$3.78.
Inghams Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.22.

Inghams Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.24/3.78
=6.35 %

Current Share Price is A$3.78.
Inghams Group's Dividends per Share for the forward twelve months is calculated as A$0.12 * 2 = A$0.24.

* 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.


Inghams Group  (ASX:ING) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Inghams Group Dividend Yield % Related Terms

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


Inghams Group (ASX:ING) Business Description

Traded in Other Exchanges
Address
1 Julius Avenue, Level 4, North Ryde, Sydney, NSW, AUS, 2113
Inghams is the largest vertically integrated poultry producer in Australia and New Zealand. The firm enjoys a number-one position in Australia with approximately 40% market share and a number-two position in New Zealand with around 35% share. Inghams supplies poultry products, notably to major Australian supermarkets Woolworths and Coles, and quick-service restaurants McDonalds and KFC. Sales are heavily skewed toward poultry, which includes the production and sale of chicken and turkey products.

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