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Spirax-Sarco Engineering (Spirax-Sarco Engineering) 3-Year Dividend Growth Rate : 11.70% (As of Dec. 2023)


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What is Spirax-Sarco Engineering 3-Year Dividend Growth Rate?

Spirax-Sarco Engineering's Dividends per Share for the six months ended in Dec. 2023 was $0.58.

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

SPXSF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.9   Med: 10.1   Max: 30.7
Current: 11.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Spirax-Sarco Engineering was 30.70% per year. The lowest was 1.90% per year. And the median was 10.10% per year.

SPXSF's 3-Year Dividend Growth Rate is ranked better than
51.35% of 1110 companies
in the Industrial Products industry
Industry Median: 11 vs SPXSF: 11.70

During the past 12 months, Spirax-Sarco Engineering's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.60% 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.

Spirax-Sarco Engineering's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.29. As of today, Spirax-Sarco Engineering's Dividend Yield % is 1.77%.

Good Sign:

Spirax-Sarco Engineering PLC stock dividend yield is close to 5-year high.

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


Competitive Comparison of Spirax-Sarco Engineering's 3-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Spirax-Sarco Engineering'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.


Spirax-Sarco Engineering's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

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

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



Spirax-Sarco Engineering 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.


Spirax-Sarco Engineering  (OTCPK:SPXSF) 3-Year Dividend Growth Rate Explanation

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

Spirax-Sarco Engineering'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 )
=0.582/ 1.986
=0.29

During the past 13 years, the highest Dividend Payout Ratio of Spirax-Sarco Engineering was 0.50. The lowest was 0.36. And the median was 0.40.

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

Spirax-Sarco Engineering Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
GBP 1.1402024-04-252024-04-262024-05-24Cash Dividendsemi-annuallyGBP: 1.000000
GBP 0.4602023-10-122023-10-132023-11-10Cash Dividendsemi-annuallyGBP: 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.

Spirax-Sarco Engineering's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.6/113.50
=1.41 %

Current Share Price is $113.50.
Spirax-Sarco Engineering's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.6.

During the past 13 years, the highest Dividend Yield of Spirax-Sarco Engineering was 2.40%. The lowest was 0.65%. And the median was 1.31%.

Good Sign:

Spirax-Sarco Engineering PLC stock dividend yield is close to 5-year high.

* 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.


Spirax-Sarco Engineering 3-Year Dividend Growth Rate Related Terms>


Spirax-Sarco Engineering (Spirax-Sarco Engineering) Business Description

Traded in Other Exchanges
Address
Cirencester Road, Charlton House, Cheltenham, Gloucestershire, GBR, GL53 8ER
Spirax-Sarco is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax-Sarco has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.

Spirax-Sarco Engineering (Spirax-Sarco Engineering) Headlines