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ResMed (ResMed) 3-Year Dividend Growth Rate : 4.10% (As of Dec. 2023)


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What is ResMed 3-Year Dividend Growth Rate?

ResMed's Dividends per Share for the three months ended in Dec. 2023 was $0.48.

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

RMD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3.7   Med: 6.45   Max: 20.8
Current: 4.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ResMed was 20.80% per year. The lowest was 3.70% per year. And the median was 6.45% per year.

RMD's 3-Year Dividend Growth Rate is ranked worse than
74.16% of 178 companies
in the Medical Devices & Instruments industry
Industry Median: 11.9 vs RMD: 4.10

During the past 12 months, ResMed's average Dividends Per Share Growth Rate was 7.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.50% 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.

ResMed's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.26. As of today, ResMed's Dividend Yield % is 0.86%.

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


Competitive Comparison of ResMed's 3-Year Dividend Growth Rate

For the Medical Instruments & Supplies subindustry, ResMed'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.


ResMed's 3-Year Dividend Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ResMed's 3-Year Dividend Growth Rate distribution charts can be found below:

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



ResMed 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.


ResMed  (NYSE:RMD) 3-Year Dividend Growth Rate Explanation

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

ResMed'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 )
=0.48/ 1.88
=0.26

During the past 13 years, the highest Dividend Payout Ratio of ResMed was 0.62. The lowest was 0.27. And the median was 0.44.

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

ResMed Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4802024-02-072024-02-082024-03-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.4802023-11-082023-11-092023-12-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.4802023-08-162023-08-172023-09-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.4402023-05-102023-05-112023-06-15Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.88/218.06
=0.86 %

Current Share Price is $218.06.
ResMed's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.88.

During the past 13 years, the highest Dividend Yield of ResMed was 2.23%. The lowest was 0.53%. And the median was 1.30%.

* 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.


ResMed 3-Year Dividend Growth Rate Related Terms>


ResMed (ResMed) Business Description

Address
9001 Spectrum Center Boulevard, San Diego, CA, USA, 92123
ResMed is one of the largest respiratory care device companies globally, primarily developing and supplying flow generators, masks and accessories for the treatment of sleep apnea. Increasing diagnosis of sleep apnea combined with ageing populations and increasing prevalence of obesity is resulting in a structurally growing market. The company earns roughly two thirds of its revenue in the Americas and the balance across other regions dominated by Europe, Japan and Australia. Recent developments and acquisitions have focused on digital health as ResMed is aiming to differentiate itself through the provision of clinical data for use by the patient, medical care advisor and payer in the out-of-hospital setting.
Executives
Brett Sandercock officer: Chief Financial Officer 17 GUINEVIERE COURT, CASTLE HILL, NEW SOUTH WALES C3 2154
Michael J. Farrell officer: Chief Executive Officer C/O REMED INC, 9001 SPECTRUM CTR. BLVD., SAN DIEGO, CA 92123
Michael J Rider officer: Global General Counsel 9001 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Robert Andrew Douglas officer: President and COO 21 ATTUNGA ROAD, NEWPORT, NEW SOUTH WALES C3 2106
Kaushik Ghoshal officer: President, SaaS Business 9001 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
David Pendarvis officer: Chief Administration Officer REDMED INC, 14040 DANLELSON ST, POWAY CA 92064
Karen Drexler director C/O DIADEXUS, INC., 343 OYSTER POINT BOULEVARD, SOUTH SAN FRANCISCO CA 94080
Justin Leong officer: President, Asia and LATAM C/O RESMED INC, 9001 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Desney Tan director 9001 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
John Hernandez director 9001 SPECTRUM CENTER BLVD., SAN DIEGO CA 92123
Lucile Blaise officer: President, Sleep & RC Business RESMED INC., 9001 SPECTRUM CENTER BLVD., SAN DIEGO CA 92123
Peter C Farrell director RESMED INC, 14040 DANIELSON STREET, POWAY CA 92064-6857
James Hollingshead officer: President, Sleep Business C/O RESMED INC., 9001 SPECTRUM CENTER BOULEVARD, SAN DIEGO CA 92123
Carol Burt director C/O WELLCARE HEALTH PLANS, INC., 8725 HENDERSON ROAD, TAMPA FL 33634
Resmed Inc director 9001 SPECTRUM CENTER BLVD., SAN DIEGO CA 92123

ResMed (ResMed) Headlines

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