Home Markets Dividend Growth of Ross Stores, Inc.(ROST)

Dividend Growth of Ross Stores, Inc.(ROST)


Ross Stores(ROST) is having a Dividend Yield of 0.78% with the Annual cash Dividend per share of $0.54. The last quarter cash dividend per share pay out was $0.14. Ross Stores has a 5 year average dividend yield of 0.95% and the stock has a Indicated annual dividend of $0.54. Ross Stores(ROST) formally announced its most recent dividend on November 17, 2016 with a Dividend per share of $0.14. The new indicated annual dividend based on announced dividend per share is $0.54. The dividend yield based on the forward looking indicated annual dividend is 0.78%. Ross Stores(ROST) has the most recent dividend payout ratio of 0.2 with a 5-year average payout ratio of 0.19. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.01. The 5 year historical dividend growth of Ross Stores(ROST) is at the rate of 18.7% while the R-Squared dividend growth is 0.95. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Ross Stores, Inc. (NASDAQ:ROST) witnessed a decline in the market cap on Thursday as its shares dropped 0.96% or 0.66 points. After the session commenced at $69.08, the stock reached the higher end at $69.08 while it hit a low of $67.97. With the volume soaring to 2,542,583 shares, the last trade was called at $68.26. The company has a 52-week high of $69.81. The company has a market cap of $26,903 million and there are 394,120,440 shares in outstanding. The 52-week low of the share price is $52. Shares of Ross Stores, Inc. rose by 0.13% in the last five trading days and 2.03% for the last 4 weeks. Ross Stores, Inc. is up 8.41% in the last 3-month period. Year-to-Date the stock performance stands at 4.05%.

Currently the company Insiders own 2.4% of Ross Stores, Inc. shares according to the proxy statements. Institutional Investors own 91.43% of Ross Stores, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -7.99%. Company has reported several Insider transactions to the SEC, on Oct 5, 2016, Gregory L Quesnel (director) sold 16,000 shares at 64.39 per share price.On Sep 26, 2016, James S Fassio (President, Chief Dev. Officer) sold 12,000 shares at 63.35 per share price.On Sep 26, 2016, Barbara Rentler (Chief Executive Officer) sold 12,840 shares at 63.76 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Ross Stores was Initiated by Susquehanna on Feb 10, 2017 to Positive, Price Target of the shares are set at $80.

Ross Stores Last issued its quarterly earnings results on Nov 17, 2016. The company reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.56. The company had revenue of $3086.70 million for the quarter, compared to analysts expectations of $2955.88 million. The companys revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.

Ross Stores, Inc. operates a chain of off-price retail apparel and home accessories stores, which target value conscious men and women between the ages of 25 and 54 in middle-to-upper middle income households. The decisions of the company, from merchandising, purchasing and pricing, to the location of its stores, are aimed at this customer base. The company offers brand name and designer merchandise at low everyday prices, generally below regular prices of most department and specialty stores.



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