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PII Polaris dividend history, payout ratio & dates

Polaris's latest quarterly cash dividend of $0.66 per share was issued to shareholders on record before Feb 29, 2024. The dividend distribution stands at $2.61 per share annually, which comes to a dividend yield of 3.02%. The latest PII dividend of $0.66 is an increase from the previous $0.65 payout, representing a growth of 1.5%.

Key dates

  • PII last dividend date: Feb 29, 2024
  • PII next dividend date: Not announced
PII dividend stats
DPS
$2.61
Dividend yield
3.02%
Payout ratio
29.7%
vs. Consumer Cyclical sector
Dividend yield
2.4%
Payout ratio
34.1%

Dividend yield

What is Polaris current dividend yield

Polaris's dividend yield of 3.02% is higher than the Consumer Cyclical sector and its peers average but lower than the industry average. In comparison with the Consumer Cyclical sector average of 2.4%, Polaris's dividend yield is 26% higher. The current dividend yield is higher than the historical average of 2.5% of the last 5 years.

Dividend history

What is PII dividend payout history and dates

Polaris has been paying dividends for the last 30 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. And with the price of the stock down by 21% from a year ago, the dividend yield has an increase of 28%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 29, 2024 Mar 15, 2024 Feb 1, 2024 $0.66 normal
Nov 30, 2023 Dec 15, 2023 Oct 26, 2023 $0.65 normal
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 dividend payout ratio

What is Polaris dividend payout ratio compared to the sector

Payout ratio

Polaris's payout ratio of 29.7% is above its peers average but below the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 34.1%, Polaris's payout ratio is 13% lower.

Total amount of dividends paid per financial year (from cash flow)

PII dividend vs peer dividends

How does PII dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PII Polaris Inc 3.02% $2.61 29.7%
WGO Winnebago Industries Inc 1.96% $1.2 31.2%
HOG Harley-Davidson Inc 1.77% $0.67 13.5%
TXT Textron Inc 0.09% $0.08 1.7%

Frequently asked questions

Does Polaris pay a dividend?

Yes, Polaris has paid four dividends in the last twelve months. PII has been paying dividends since 1994.

When is Polaris's next dividend?

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 May 2024.

When was PII's last dividend?

Polaris's last dividend ex-date was on Feb 29, 2024. The dividend amount was $0.66 per share.

How much dividend does Polaris pay (per share)?

On an annual basis PII pays $2.61 per share.

What is Polaris's dividend yield?

Currently Polaris's dividend yield is 3.02%.

How often does Polaris pay dividends?

Polaris pays four dividends per year.

What is Polaris's dividend payout ratio?

The dividend payout ratio of Polaris is 29.7%.

Does Polaris pay a good dividend?

Polaris's dividend yield is higher than the Consumer Cyclical sector average.