Polaris's latest quarterly cash dividend of $0.65 per share was issued to shareholders on record before Aug 31, 2023. The dividend distribution stands at $2.59 per share annually, which comes to a dividend yield of 2.49%.
Polaris's dividend yield of 2.49% is higher than its peers average but lower than the Consumer Cyclical sector and the industry average. But in comparison with the Consumer Cyclical sector average of 2.57%, Polaris's dividend yield is only 3.1% lower. The current dividend yield is in line with the historical average of 2.4% of the last 5 years.
Polaris has been paying dividends for the last 29 years. Our records show that PII has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 1.6% for the last twelve months. However with the price of the stock up by 7% from a year ago, the dividend yield has decreased by 4.6%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Aug 31, 2023 | Sep 15, 2023 | Jul 27, 2023 | $0.65 | normal |
May 31, 2023 | Jun 15, 2023 | Apr 27, 2023 | $0.65 | normal |
Feb 28, 2023 | Mar 15, 2023 | Feb 2, 2023 | $0.65 | normal |
Nov 30, 2022 | Dec 15, 2022 | Nov 3, 2022 | $0.64 | normal |
Aug 31, 2022 | Sep 15, 2022 | Jul 28, 2022 | $0.64 | normal |
May 31, 2022 | Jun 15, 2022 | Apr 28, 2022 | $0.64 | normal |
Feb 28, 2022 | Mar 15, 2022 | Jan 27, 2022 | $0.64 | normal |
Nov 30, 2021 | Dec 15, 2021 | Oct 28, 2021 | $0.63 | normal |
Aug 31, 2021 | Sep 15, 2021 | Jul 29, 2021 | $0.63 | normal |
May 28, 2021 | Jun 15, 2021 | Apr 29, 2021 | $0.63 | normal |
Feb 26, 2021 | Mar 15, 2021 | Jan 28, 2021 | $0.63 | normal |
Nov 30, 2020 | Dec 15, 2020 | Oct 29, 2020 | $0.62 | normal |
Aug 31, 2020 | Sep 15, 2020 | Jul 30, 2020 | $0.62 | normal |
Jun 4, 2020 | Jun 15, 2020 | May 26, 2020 | $0.62 | normal |
Feb 28, 2020 | Mar 16, 2020 | Jan 31, 2020 | $0.62 | normal |
Nov 29, 2019 | Dec 16, 2019 | Oct 24, 2019 | $0.61 | normal |
Aug 30, 2019 | Sep 16, 2019 | Jul 24, 2019 | $0.61 | normal |
May 31, 2019 | Jun 17, 2019 | Apr 25, 2019 | $0.61 | normal |
Feb 28, 2019 | Mar 15, 2019 | Jan 31, 2019 | $0.61 | normal |
Nov 30, 2018 | Dec 17, 2018 | Oct 24, 2018 | $0.6 | normal |
Aug 30, 2018 | Sep 17, 2018 | Jul 25, 2018 | $0.6 | normal |
May 31, 2018 | Jun 15, 2018 | Apr 25, 2018 | $0.6 | normal |
Feb 28, 2018 | Mar 15, 2018 | Feb 2, 2018 | $0.6 | normal |
Nov 30, 2017 | Dec 15, 2017 | Oct 26, 2017 | $0.58 | normal |
Aug 30, 2017 | Sep 15, 2017 | Jul 26, 2017 | $0.58 | normal |
May 30, 2017 | Jun 15, 2017 | Apr 27, 2017 | $0.58 | normal |
Feb 27, 2017 | Mar 15, 2017 | Jan 26, 2017 | $0.58 | normal |
Nov 29, 2016 | Dec 15, 2016 | Oct 27, 2016 | $0.55 | normal |
Aug 30, 2016 | Sep 15, 2016 | Jul 20, 2016 | $0.55 | normal |
May 27, 2016 | Jun 15, 2016 | Apr 28, 2016 | $0.55 | normal |
Feb 26, 2016 | Mar 15, 2016 | Jan 28, 2016 | $0.55 | normal |
Polaris's payout ratio of 24% is above the industry and its peers average but below the Consumer Cyclical sector average. Compared to its Consumer Cyclical sector average of 33.4%, Polaris's payout ratio is 28% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PII Polaris Inc | 2.49% | $2.59 | 24% |
HOG Harley-Davidson Inc | 1.98% | $0.65 | 12.1% |
WGO Winnebago Industries Inc | 1.88% | $1.12 | 13.4% |
TXT Textron Inc | 0.1% | $0.08 | 1.8% |
Yes, Polaris has paid four dividends in the last twelve months. PII has been paying dividends since 1994.
At this point we don't have a record of PII's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2023.
Polaris's last dividend ex-date was on Aug 31, 2023. The dividend amount was $0.65 per share.
On an annual basis PII pays $2.59 per share.
Currently Polaris's dividend yield is 2.49%.
Polaris pays four dividends per year.
The dividend payout ratio of Polaris is 24%.
Polaris's dividend yield is in line with the Consumer Cyclical sector average.