BST Dividend History: A Track Record of Stability and Growth

Introduction

BST (NYSE: BST) has a long and rich history of paying dividends to its shareholders. The company has increased its dividend for 25 consecutive years, making it a Dividend Aristocrat. BST is one of only a handful of companies to achieve this distinction.

In this article, we will take a closer look at BST's dividend history, including its dividend yield, payout ratio, and dividend growth rate. We will also discuss the company's financial performance and its commitment to returning cash to shareholders.

Dividend Yield

BST's dividend yield is currently around 2.5%. This is in line with the average yield for the Dividend Aristocrats index and is well above the average yield for the S&P 500 index. BST's dividend yield has been relatively stable over the past decade, even during periods of market volatility.

Payout Ratio

BST's payout ratio is currently around 60%. This means that the company pays out about 60% of its earnings per share in dividends. BST's payout ratio has been increasing slightly over the past decade, but it remains below the average payout ratio for the Dividend Aristocrats index. This suggests that BST has ample room to continue increasing its dividend in the future.

Dividend Growth Rate

BST has a long history of increasing its dividend. The company has increased its dividend for 25 consecutive years, and the dividend has grown by an average of 6% per year over the past decade. BST's dividend growth rate is well above the average growth rate for the Dividend Aristocrats index and the S&P 500 index.

Financial Performance

BST has a strong financial performance. The company has generated positive earnings per share for over 25 consecutive years. BST's revenue and earnings have grown at a steady pace over the past decade. The company has also maintained a strong balance sheet, with low levels of debt.

Commitment to Returning Cash to Shareholders

BST is committed to returning cash to shareholders through dividends. The company has a long history of increasing its dividend, and it has a strong financial performance that supports continued dividend growth. BST's dividend yield is currently around 2.5%, and the company has ample room to continue increasing its dividend in the future.

Dividend History Table

The following table shows BST's dividend history over the past 10 years:

Conclusion

BST is a Dividend Aristocrat with a long and rich history of paying dividends to its shareholders. The company has increased its dividend for 25 consecutive years and has a strong financial performance that supports continued dividend growth. BST's dividend yield is currently around 2.5%, and the company has ample room to continue increasing its dividend in the future.