Ross Stores (ROST) Dividend: History, Dates & Yield - 2024
Dividend History
Ross Stores announced a quarterly dividend of $0.37 per ordinary share, payable on 2024-12-31, with an ex-dividend date of 2024-12-10. Ross Stores typically pays dividends four times a year, compared to $1.47 in 2024.
Find details on Ross Stores's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-10 | $0.37 | quarterly | 2024-12-31 |
2024-09-10 | $0.37 | quarterly | 2024-09-30 |
2024-06-11 | $0.37 | quarterly | 2024-06-28 |
2024-03-14 | $0.37 | quarterly | 2024-03-29 |
2023-12-04 | $0.34 | quarterly | 2023-12-29 |
2023-09-01 | $0.34 | quarterly | 2023-09-29 |
2023-06-05 | $0.34 | quarterly | 2023-06-30 |
2023-03-13 | $0.34 | quarterly | 2023-03-31 |
2022-12-05 | $0.31 | quarterly | 2022-12-30 |
2022-09-02 | $0.31 | quarterly | 2022-09-30 |
Dividend Increase
Ross Stores's dividend growth over the last five years (2020-2024) was 50.90% per year, while over the last ten years (2015-2024), it was 29.17% per year. In comparison, American Eagle Outfitters has seen an average growth rate of 18.35% over the past five years and Foot Locker's growth rate was 9.51%.
By comparing Ross Stores's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Ross Stores's current trailing twelve-month (TTM) dividend yield is 0.97%. Over the last 12 months, Ross Stores has maintained this yield, but how does it compare to similar stocks? For example, American Eagle Outfitters offers a yield of 3.23%, while Foot Locker provides a yield of nan%. Comparing similar stocks can help investors assess Ross Stores's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
Ross Stores (ROST) | 0.97% | $1.47 | $151.16 |
American Eagle Outfitters (AEO) | 3.23% | $0.5 | $15.49 |
Foot Locker (FL) | NaN% | $1.6 | $21.31 |
Dividend Yield Calculator
Interested in purchasing Ross Stores stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Ross Stores has a payout ratio of 0.23%. In comparison, BURL has a payout ratio of 0.00%, while American Eagle Outfitters's payout ratio is 0.42%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Ross Stores
- Global presence Company has operations in multiple countries, maintaining a global presence in key markets.
- Key segments Diversified business activities are divided into distinct segments, catering to various industries.
- Products/services Company offers a range of products/services in sectors such as technology, healthcare, and consumer goods.
- Financial stability Strong financial performance with consistent growth in dividends, indicating stability for dividend investors.
Frequently Asked Question
Other factors to consider when evaluating Ross Stores as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Ross Stores stock.
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1. Determination of Dividend: Ross Stores's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Ross Stores publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Ross Stores distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Ross Stores are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Ross Stores sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Ross Stores distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ross Stores declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Ross Stores's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Ross Stores's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.