GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Timken Co (NYSE:TKR) » Definitions » 3-Year Dividend Growth Rate

The Timken Co (The Timken Co) 3-Year Dividend Growth Rate : 4.80% (As of Dec. 2023)


View and export this data going back to 1957. Start your Free Trial

What is The Timken Co 3-Year Dividend Growth Rate?

The Timken Co's Dividends per Share for the three months ended in Dec. 2023 was $0.33.

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

TKR' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -10.3   Med: 3.75   Max: 26.9
Current: 4.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Timken Co was 26.90% per year. The lowest was -10.30% per year. And the median was 3.75% per year.

TKR's 3-Year Dividend Growth Rate is ranked worse than
65.14% of 1110 companies
in the Industrial Products industry
Industry Median: 11.15 vs TKR: 4.80

During the past 12 months, The Timken Co's average Dividends Per Share Growth Rate was 5.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.00% 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.

The Timken Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.24. As of today, The Timken Co's Dividend Yield % is 1.55%.

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


Competitive Comparison of The Timken Co's 3-Year Dividend Growth Rate

For the Tools & Accessories subindustry, The Timken Co'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.


The Timken Co's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

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

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



The Timken Co 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.


The Timken Co  (NYSE:TKR) 3-Year Dividend Growth Rate Explanation

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

The Timken Co'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 )
=0.33/ 1.37
=0.24

During the past 13 years, the highest Dividend Payout Ratio of The Timken Co was 0.53. The lowest was 0.18. And the median was 0.28.

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

The Timken Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3302024-02-162024-02-202024-03-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.3302023-11-132023-11-142023-11-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3302023-08-142023-08-152023-08-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.3302023-05-152023-05-162023-05-30Cash 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.

The Timken Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.32/84.98
=1.55 %

Current Share Price is $84.98.
The Timken Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.32.

During the past 13 years, the highest Dividend Yield of The Timken Co was 4.25%. The lowest was 1.25%. And the median was 2.24%.

* 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.


The Timken Co 3-Year Dividend Growth Rate Related Terms>


The Timken Co (The Timken Co) Business Description

Traded in Other Exchanges
Address
4500 Mount Pleasant Street North West, North Canton, OH, USA, 44720-5450
The Timken Company is a manufacturer of bearings, gear belts, and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorised dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Mobile Industries and Process industries. Timken generates its revenue in the United States of America.
Executives
Philip D. Fracassa officer: CFO 1835 DUEBER AVENUE SW, CANTON OH 44706-0928
Christopher A Coughlin officer: President-proc ind & supp chn 1835 DUEBER AVE SW, CANTON OH 44706
Timken John M Jr director 200 MARKET AVE N STE 210, CANTON OH 44702
Hansal N. Patel officer: VP, GC, and Secretary 4500 MOUNT PLEASANT ST. NW, NORTH CANTON OH 44720
Richard G Kyle officer: President-mob ind & aerospace 1835 DUEBER AVE SW, CANTON OH 44706
Jacqueline F Woods director
Natasha Pollock officer: VP - Human Resources 4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Landin Bo Hans Olof officer: Group Vice President 4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Timken Ward J Jr director, officer: Chairman of the Board 200 MARKET AVE N STE 210, CANTON OH 44702
Ronald J Myers officer: VP - Human Resources 4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Sarah C Lauber director 833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Shelly Marie Chadwick officer: Chief Accounting Officer 6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Karl Andreas Roellgen officer: VP - Europe, Asia and Africa 4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Frank C Sullivan director
Elizabeth Ann Harrell director 4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720