The historical rank and industry rank for National Instruments's 3-Year Dividend Growth Rate or its related term are showing as below:
NATI'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3.8 Med: 12.6 Max: 53.8
Current: 3.8
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of National Instruments was 53.80% per year. The lowest was 3.80% per year. And the median was 12.60% per year.
NATI's 3-Year Dividend Growth Rate is not ranked
in the Software industry.
Industry Median: 14.5
vs NATI: 3.80
During the past 12 months, National Instruments's average Dividends Per Share Growth Rate was 1.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 3.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 5.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 8.00% 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.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of National Instruments Corp is 0.83, which seems too high.
Warning Sign:
National Instruments Corp stock dividend yield is close to 5-year low.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of National Instruments's 3-Year Dividend Growth Rate
For the Software - Application subindustry, National Instruments'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.
National Instruments's 3-Year Dividend Growth Rate Distribution in the Software Industry
For the Software industry and Technology sector, National Instruments's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where National Instruments's 3-Year Dividend Growth Rate falls into.
National Instruments 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.
National Instruments (NAS:NATI) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
National Instruments's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of National Instruments was 2.10. The lowest was 0.61. And the median was 0.99.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of National Instruments Corp is 0.83, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
National Instruments Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.280000
2023-08-07
2023-08-08
2023-08-29
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.
National Instruments's Dividend Yield (%) for Today is calculated as
Current Share Price is $59.98.
National Instruments's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.28.
During the past 13 years, the highest Dividend Yield of National Instruments was 3.70%. The lowest was 1.59%. And the median was 2.22%.
Warning Sign:
National Instruments Corp stock dividend yield is close to 5-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.
National Instruments 3-Year Dividend Growth Rate Related Terms>
National Instruments (National Instruments) Business Description
National Instruments provides testing and measurement equipment and integrated, software-led solutions to serve high-complexity automated testing in late product development. NI serves a long tail of more than 30,000 customers in myriad end markets but focuses on the semiconductor, transportation, and aerospace and defense verticals.
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