If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Foot Locker Inc is 0.85, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Foot Locker was 0.85. The lowest was 0.14. And the median was 0.27.
During the past 12 months, Foot Locker's average Dividends Per Share Growth Rate was -25.00% 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 -0.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 3.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Foot Locker was 119.00% per year. The lowest was -17.40% per year. And the median was 11.25% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Foot Locker Dividend Yield % Historical Data
The historical data trend for Foot Locker'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.
Competitive Comparison of Foot Locker's Dividend Yield %
For the Apparel Retail subindustry, Foot Locker'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.
Foot Locker's Dividend Yield % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Foot Locker's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Foot Locker's Dividend Yield % falls into.
Foot Locker Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Foot Locker Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.400
2023-10-12
2023-10-13
2023-10-27
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.400
2023-07-13
2023-07-14
2023-07-28
Cash Dividend
quarterly
USD:USD 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.
Foot Locker's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.8
/
21.93
=
3.65 %
Current Share Price is $21.93. Foot Locker's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.8.
* 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.
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.
Thank you for viewing the detailed overview of Foot Locker's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Foot Locker Inc operates thousands of retail stores throughout the United States, Canada, Europe, Australia, and New Zealand. It also has one franchisee in the Middle East and one in South Korea, each of which operates multiple stores in those regions. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Store names include Foot Locker, Champs, and Runners Point. The company also has an e-commerce business selling through Footlocker.com, Eastbay, and Final-Score.
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