As of today (2024-04-25), the Trailing Annual Dividend Yield of Douglas Dynamics is 5.27%.
Good Sign:
Douglas Dynamics Inc stock dividend yield is close to 10-year high.
The historical rank and industry rank for Douglas Dynamics's Dividend Yield % or its related term are showing as below:
PLOW'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.92 Med: 3.19 Max: 6.4
Current: 5.27
During the past 13 years, the highest Dividend Yield of Douglas Dynamics was 6.40%. The lowest was 1.92%. And the median was 3.19%.
PLOW's Dividend Yield % is ranked better than 85.31% of 803
companies
in the Vehicles & Parts industry
Industry Median: 2.25
vs PLOW: 5.27
Douglas Dynamics's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 1.55.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Douglas Dynamics Inc is 1.18, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Douglas Dynamics was 1.18. The lowest was 0.42. And the median was 0.61.
Douglas Dynamics's Dividends per Share for the
three
months ended in Dec. 2023 was $0.30.
During the past 12 months, Douglas Dynamics's average Dividends Per Share Growth Rate was 1.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 1.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 3.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Douglas Dynamics was 29.70% per year. The lowest was 1.80% per year. And the median was 3.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Douglas Dynamics Dividend Yield % Historical Data
The historical data trend for Douglas Dynamics'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 Douglas Dynamics's Dividend Yield %
For the Auto Parts subindustry, Douglas Dynamics'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.
Douglas Dynamics's Dividend Yield % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Douglas Dynamics's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Douglas Dynamics's Dividend Yield % falls into.
Douglas Dynamics Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Douglas Dynamics Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.295
2024-03-15
2024-03-18
2024-03-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.295
2023-12-18
2023-12-19
2023-12-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.295
2023-09-18
2023-09-19
2023-09-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.295
2023-06-15
2023-06-16
2023-06-30
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.
Douglas Dynamics's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.18
/
22.37
=
5.27 %
Current Share Price is $22.37.
Douglas Dynamics's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.18.
Douglas Dynamics's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.18
/
22.37
=
5.27 %
Current Share Price is $22.37.
Douglas Dynamics's Dividends per Share for the forward twelve months is calculated as $0.295 * 4 = $1.18.
* 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.
Douglas Dynamics (NYSE:PLOW) 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.
Thank you for viewing the detailed overview of Douglas Dynamics's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Douglas Dynamics (Douglas Dynamics) Business Description
Douglas Dynamics Inc is a manufacturer and upfitter of commercial vehicle attachments and equipment. The Company's portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand. The Company's portfolio also includes the upfit of attachments and storage solutions under the HENDERSON brand, and the DEJANA brand and its related sub-brands. The Company also leases fifteen manufacturing and upfit and service facilities located in Iowa, Maryland, Missouri, New Jersey, New York, Ohio, Pennsylvania, and Rhode Island. The Company conducts business in two segments: Work Truck Attachments and Work Truck Solutions.
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