During the past 12 months, Newgrowth's average Dividends Per Share Growth Rate was 14.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 9.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 3.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Newgrowth was 45.40% per year. The lowest was 0.00% per year. And the median was 2.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Newgrowth Dividend Yield % Historical Data
The historical data trend for Newgrowth'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 Newgrowth's Dividend Yield %
For the Asset Management subindustry, Newgrowth'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.
Newgrowth's Dividend Yield % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Newgrowth's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Newgrowth's Dividend Yield % falls into.
Newgrowth Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
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 Newgrowth's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Newgrowth Corp is a mutual fund corporation incorporated in Canada. The company holds a portfolio consisting of publicly listed common shares of selected Canadian chartered banks, telecommunications, oil and gas and pipeline and utility issuers. The policy of the company is to invest in Portfolio Shares and not engage in trading except in limited circumstances, including to fund retractions or redemptions of Capital Shares and Preferred Shares.
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