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ITT (ITT) 3-Year Dividend Growth Rate

: 19.70% (As of Dec. 2023)
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ITT's Dividends per Share for the three months ended in Dec. 2023 was $0.29.

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

ITT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -41.5   Med: 6.3   Max: 24.8
Current: 19.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ITT was 24.80% per year. The lowest was -41.50% per year. And the median was 6.30% per year.

ITT's 3-Year Dividend Growth Rate is ranked better than
67.88% of 1096 companies
in the Industrial Products industry
Industry Median: 11.15 vs ITT: 19.70

During the past 12 months, ITT's average Dividends Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.00% 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.

ITT's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.22. As of today, ITT's Dividend Yield % is 0.94%.

Warning Sign:

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

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


Competitive Comparison

For the Specialty Industrial Machinery subindustry, ITT'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.


ITT 3-Year Dividend Growth Rate Distribution

For the Industrial Products industry and Industrials sector, ITT's 3-Year Dividend Growth Rate distribution charts can be found below:

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



ITT 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.


ITT  (NYSE:ITT) 3-Year Dividend Growth Rate Explanation

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

ITT's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.29/ 1.34
=0.22

During the past 13 years, the highest Dividend Payout Ratio of ITT was 0.24. The lowest was 0.15. And the median was 0.20.

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

ITT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3192024-03-072024-03-082024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-11-302023-12-012023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-08-312023-09-012023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-06-082023-06-092023-07-03Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.189/125.15
=0.95 %

Current Share Price is $125.15.
ITT's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.189.

During the past 13 years, the highest Dividend Yield of ITT was 1.55%. The lowest was 0.73%. And the median was 1.06%.

Warning Sign:

ITT 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.


ITT 3-Year Dividend Growth Rate Related Terms>


ITT (ITT) Business Description

Industry
Traded in Other Exchanges
Address
100 Washington Boulevard, 6th Floor, Stamford, CT, USA, 06902
ITT is a diversified industrial conglomerate with over $3 billion in sales. After the spinoffs of Xylem and Exelis in 2011, the company's products primarily include brake pads, shock absorbers, pumps, valves, connectors, and switches. Its customers include original-equipment and Tier 1 manufacturers as well as aftermarket customers. ITT uses a network of approximately 700 independent distributors, which accounts for about one third of overall revenue. Nearly three fourths of the company's sales are made in North America and Europe. ITT's primary end markets include automotive, rail, oil and gas, aerospace and defense, chemical, mining, and general industrial.
Executives
Ryan F. Flynn officer: See Remarks 56 TECHNOLOGY DR., IRVINE CA 92618
Don Defosset director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Nazzic S Keene director 1710 SAIC DRIVE, MCLEAN VA 22102
Kevin C Berryman director 521 WEST 57TH STREET, NEW YORK NY 10019
Maurine C. Lembesis officer: See Remarks 8 RYANS RUN, PLEASANT VALLEY NY 12569
Carlo Ghirardo officer: See Remarks VIA BONINO, 5, BRA (CN) L6 12042
Fernando Roland officer: SVP & Pres Industrial Process 100 WASHINGTON BLVD., 6TH FLOOR, STAMFORD CT 06902
Lori B. Marino officer: SVP, General Counsel 100 WASHINGTON BLVD, STAMFORD CT 06902
De Mesa Graziano Cheryl officer: VP, Chief Accounting Officer 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Emmanuel Caprais officer: Chief Financial Officer 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Mary Elizabeth Gustafsson officer: See Remarks ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Timothy H Powers director C/O RICHARD W DAVLES HUBBELL INC, 684 DERBY MILFORD RD, ORANGE CT 06477
Luca Savi officer: See Remarks C/O ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Bartek Markowiecki officer: SVP, Strategy & Corp Dev. C/O ITT INC., 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Orlando D Ashford director C/O AMERANT BANK, 220 ALHAMBRA CR., CORAL GABLES FL 33134