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Kontoor Brands (Kontoor Brands) 3-Year Dividend Growth Rate : 26.40% (As of Mar. 2024)


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What is Kontoor Brands 3-Year Dividend Growth Rate?

Kontoor Brands's Dividends per Share for the three months ended in Mar. 2024 was $0.50.

The historical rank and industry rank for Kontoor Brands's 3-Year Dividend Growth Rate or its related term are showing as below:

KTB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 18.4   Med: 22.4   Max: 26.4
Current: 26.4

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Kontoor Brands was 26.40% per year. The lowest was 18.40% per year. And the median was 22.40% per year.

KTB's 3-Year Dividend Growth Rate is ranked better than
76.08% of 301 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 10.1 vs KTB: 26.40

During the past 12 months, Kontoor Brands's average Dividends Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 26.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Kontoor Brands's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.48. As of today, Kontoor Brands's Dividend Yield % is 2.87%.

Warning Sign:

Kontoor Brands Inc stock dividend yield is close to 2-year low.

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


Competitive Comparison of Kontoor Brands's 3-Year Dividend Growth Rate

For the Apparel Manufacturing subindustry, Kontoor Brands's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Kontoor Brands's 3-Year Dividend Growth Rate Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kontoor Brands's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Kontoor Brands's 3-Year Dividend Growth Rate falls into.



Kontoor Brands 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Kontoor Brands  (NYSE:KTB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Kontoor Brands's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.5/ 1.05
=0.48

During the past 8 years, the highest Dividend Payout Ratio of Kontoor Brands was 0.82. The lowest was 0.43. And the median was 0.50.

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

Kontoor Brands Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5000002024-03-072024-03-082024-03-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.5000002023-12-072023-12-082023-12-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.4800002023-09-072023-09-082023-09-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.4800002023-06-082023-06-092023-06-20Cash DividendquarterlyUSD: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.

Kontoor Brands's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.96/68.19
=2.87 %

Current Share Price is $68.19.
Kontoor Brands's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.96.

During the past 8 years, the highest Dividend Yield of Kontoor Brands was 12.17%. The lowest was 1.21%. And the median was 3.63%.

Warning Sign:

Kontoor Brands Inc stock dividend yield is close to 2-year low.

* 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.


Kontoor Brands 3-Year Dividend Growth Rate Related Terms>


Kontoor Brands (Kontoor Brands) Business Description

Traded in Other Exchanges
Address
400 N. Elm Street, Greensboro, NC, USA, 27401
Kontoor Brands Inc is a lifestyle apparel company. It is engaged in designing, manufacturing, sourcing, marketing, and distribution of its portfolio of brands, including Wrangler and Lee. It manufactures its products in owned and leased facilities and distributes the products through both brick and mortar and e-commerce retailers. It generates the majority of its revenue from the Wrangler segment. The company's geographical segments are the United States and International, of which the majority of its revenue comes from the United States.
Executives
Susan Denise Sumner officer: VP & CAO 400 N. ELM STREET, GREENSBORO NC 27401
Joseph A Alkire officer: EVP & Chief Financial Officer C/O KONTOOR BRANDS, INC., 400 N. ELM STREET, GREENSBORO NC 27401
Thomas E. Waldron officer: VP & GB President - Wrangler 400 NORTH ELM STREET, GREENSBORO NC 27401
Andrew E Page director C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Doerr Thomas L Jr officer: EVP, GC, & Corp. Sec. ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Ashley Goldsmith director 400 N. ELM STREET, GREENSBORO NC 27401
Scott H Baxter director, officer: President & CEO 400 NORTH ELM STREET, GREENSBORO NC 27401
Laurel Krueger officer: VP, GC & Corporate Secretary ONE EXPRESS DRIVE, COLUMBUS OH 43230
Mark L. Schiller director C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Robert Lynch director P. O. BOX 99900, LOUISVILLE KY 40269
Richard Carucci director 1441 GARDINER LANE, LOUISVILLE KY 47113
Juliana L Chugg director 1200 WILLOW LAKE BOULEVARD, PO BOX 64683, ST PAUL MN 55164-0683
Rich Williams director 600 W. CHICAGO AVENUE SUITE 400, CHICAGO IL 60654
Rustin Welton officer: VP & CFO 400 NORTH ELM STREET, GREENSBORO NC 27401
Christopher Waldeck officer: VP & GB President - Lee 400 NORTH ELM STREET, GREENSBORO NC 27401