Graco's latest quarterly dividend was on Jan 17, 2023 (ex-date) with a payout of $0.235 per share. On an annualized basis, the company has a current payout of $0.87 per share. This brings the dividend yield to 1.21% based on its recent close price. The latest dividend has increased by $0.03, or 12% from the prior distribution.
GGG has a dividend yield of 1.21% which is lower than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.39%, Graco's dividend yield is 13% lower. The current dividend yield is in line with the historical average of 1.2% of the last 5 years.
Graco has been paying dividends since 1992. GGG has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 12% since twelve months ago. And with the price of the stock down by 0.8% from a year ago, the dividend yield has increased by 12%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 17, 2023 | Feb 1, 2023 | Dec 2, 2022 | $0.235 | normal |
| Oct 14, 2022 | Nov 2, 2022 | Sep 23, 2022 | $0.21 | normal |
| Jul 15, 2022 | Aug 3, 2022 | Jun 17, 2022 | $0.21 | normal |
| Apr 14, 2022 | May 4, 2022 | Feb 18, 2022 | $0.21 | normal |
| Jan 14, 2022 | Feb 2, 2022 | Dec 3, 2021 | $0.21 | normal |
| Oct 15, 2021 | Nov 3, 2021 | Sep 17, 2021 | $0.188 | normal |
| Jul 16, 2021 | Aug 4, 2021 | Jun 11, 2021 | $0.188 | normal |
| Apr 16, 2021 | May 5, 2021 | Feb 12, 2021 | $0.188 | normal |
| Jan 15, 2021 | Feb 3, 2021 | Dec 4, 2020 | $0.188 | normal |
| Oct 16, 2020 | Nov 4, 2020 | Sep 18, 2020 | $0.175 | normal |
| Jul 17, 2020 | Aug 5, 2020 | Jun 11, 2020 | $0.175 | normal |
| Apr 17, 2020 | May 6, 2020 | Feb 14, 2020 | $0.175 | normal |
| Jan 17, 2020 | Feb 5, 2020 | Dec 6, 2019 | $0.175 | normal |
| Oct 18, 2019 | Nov 6, 2019 | Sep 20, 2019 | $0.16 | normal |
| Jul 19, 2019 | Aug 7, 2019 | Jun 14, 2019 | $0.16 | normal |
| Apr 12, 2019 | May 1, 2019 | Feb 15, 2019 | $0.16 | normal |
| Jan 18, 2019 | Feb 6, 2019 | Dec 7, 2018 | $0.16 | normal |
| Oct 19, 2018 | Nov 7, 2018 | Sep 21, 2018 | $0.133 | normal |
| Jul 12, 2018 | Aug 1, 2018 | Jun 15, 2018 | $0.133 | normal |
| Apr 13, 2018 | May 2, 2018 | Feb 16, 2018 | $0.133 | normal |
| Jan 19, 2018 | Feb 7, 2018 | Dec 8, 2017 | $0.133 | normal |
| Oct 13, 2017 | Nov 1, 2017 | Sep 22, 2017 | $0.12 | normal |
| Jul 13, 2017 | Aug 2, 2017 | Jun 16, 2017 | $0.12 | normal |
| Apr 12, 2017 | May 3, 2017 | Feb 17, 2017 | $0.12 | normal |
| Jan 12, 2017 | Feb 1, 2017 | Dec 9, 2016 | $0.12 | normal |
| Oct 13, 2016 | Nov 2, 2016 | Sep 16, 2016 | $0.11 | normal |
| Jul 14, 2016 | Aug 3, 2016 | Jun 17, 2016 | $0.11 | normal |
| Apr 14, 2016 | May 4, 2016 | $0.11 | normal | |
| Jan 14, 2016 | Feb 3, 2016 | $0.11 | normal |
GGG has a payout ratio of 32.4% which is higher than the Industrials sector and the industry average but lower than its peers average. If we compare it with the Industrials sector average of 27.3%, Graco's payout ratio is 19% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| GRC Gorman Rupp Co | 2.37% | $0.69 | 116.1% |
| FLS Flowserve Corp | 2.29% | $0.8 | 123.1% |
| ITW Illinois Tool Works Inc | 2.05% | $5.06 | 57.6% |
| DOV DOVER Corp | 1.26% | $2.01 | 24.8% |
| GGG Graco Inc | 1.21% | $0.87 | 32.4% |
| ITT ITT Inc | 1.14% | $1.06 | 25% |
| XYL Xylem Inc | 1.14% | $1.2 | 67.8% |
Yes, Graco has paid four dividends in the last twelve months. GGG has been paying dividends since 1992.
GGG hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in April 2023.
Graco's last regular dividend was on Jan 17, 2023 (ex-date) with the amount of $0.235 per share.
On an annual basis GGG pays $0.87 per share.
Graco's current dividend yield is 1.21%.
Graco pays four dividends per year.
Graco's dividend payout ratio is 32.4%.
Graco's dividend yield is lower than the Industrials sector average.