Incitec Pivot Ltd

Incitec Pivot is a leading global explosives company with operations in Australia, Asia, and the Americas. We estimate its share of the global commercial explosives market at about 15%. Explosives contributes around 80% of EBIT. Incitec Pivot is also a major Australian fertilizer producer and distributor and is the only Australian manufacturer of ammonium phosphates and urea. Ammonium phosphates are sold in the domestic market and exported.

Incitec Pivot Ltd (INCZY) recently announced adividendof $0.07 per share, payable on 2024-02-20, with the ex-dividend date set for 2024-02-06. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates.

Breaking Down Incitec Pivot Ltd's Dividend Yield and Growth

As of today, Incitec Pivot Ltd currently has a 12-monthtrailing dividend yieldof 5.52% and a 12-monthforward dividend yieldof 5.52%. This suggests an expectation of the same dividend payments over the next 12 months.

Over the past three years, Incitec Pivot Ltd's annualdividend growth ratewas 99.50%. Extended to a five-year horizon, this rate decreased to 21.20% per year. And over the past decade, Incitec Pivot Ltd's annual dividends per share growth rate stands at -3.10%.

Based on Incitec Pivot Ltd's dividend yield and five-year growth rate, the5-year yield on costof Incitec Pivot Ltd stock as of today is approximately 14.44%.