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Webjet (ASX:WEB) Forward Dividend Yield % : 0.00% (As of May. 24, 2024)


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What is Webjet Forward Dividend Yield %?

As of today (2024-05-24), the Forward Annual Dividend Yield of Webjet is 0.00%.

As of today (2024-05-24), the Trailing Annual Dividend Yield of Webjet is 0.00%.

ASX:WEB's Forward Dividend Yield % is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.42
* Ranked among companies with meaningful Forward Dividend Yield % only.

Webjet's Dividends per Share for the six months ended in Mar. 2024 was A$0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Webjet was 37.60% per year. The lowest was 1.80% per year. And the median was 12.55% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Webjet's Forward Dividend Yield %

For the Travel Services subindustry, Webjet's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Webjet's Forward Dividend Yield % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Webjet's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Webjet's Forward Dividend Yield % falls into.



Webjet Forward Dividend Yield % Calculation

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


Webjet  (ASX:WEB) Forward 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.


Webjet Forward Dividend Yield % Related Terms

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Webjet (ASX:WEB) Business Description

Traded in Other Exchanges
Address
509 St Kilda Road, Level 2, Melbourne, VIC, AUS, 3004
Webjet provides online travel bookings across Europe, Asia Pacific, the Middle East, and Africa. The group operates in both the business to consumer, or B2C, and business to business, or B2B, segments. The B2B business, WebBeds, acts as an intermediary between hotels and wholesale/retail travel service providers. WebBeds is currently the world's second largest B2B accommodation booking provider despite only a circa 4% market share of the fragmented AUD 70 billion global B2B accommodation market. The company's B2C units, Webjet Online Travel Agent, or OTA, and GoSee allow retail customers to book flights, hotel accommodation, holiday packages, travel insurance, rental cars and caravans online.