Nutrien Ltd. (NTR) Dividends
Dividend Yield and Dividend History Highlights
- NTR has issued more total dividends (as measured in absolute US dollars) over the past six years than 84.39% of other US stocks currently paying dividends.
- NTR's free cash flow has been growing at a compound average annual rate of 19.68% over the past 2.76 years -- higher than 78.85% of current US-listed dividend stocks.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with NTR's price: BAP, GHG, STAF, UFAB and MRTN.
NTR Price Forecast Based on Dividend Discount Model
Current Price | DDM Fair Value Target: | Forecasted Gain: |
$44.58 | $140.69 | 33.35% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Nutrien Ltd, the DDM model, as implemented by StockNews, implies a positive return of 33.35% relative to its current price. Digging deeper, the aspects of Nutrien Ltd's dividend discount model that we found most interesting were:
- In comparison to other US listed dividend yielding stocks in the Basic Materials sector, the expected return of 33.35%, based on the stock's current share price and target price based on a dividend discount model, is greater than 74.81% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, NTR has a discount rate lower than 74.81% of them (a lower discount rate is associated with lower risk).
- Based on dividend growth rate, Nutrien Ltd has been increasing its dividends at a faster rate than only 17.53% of US-listed dividend-issuing stocks we observed.
- In comparison to its fellow dividend issuing stocks in the Basic Materials sector, Nutrien Ltd has an equity discount rate lower than 80.74% of them.
NTR Dividend History
Ex-Dividend Date | Type | Payout Amount | Change |
---|---|---|---|
2024-09-27 | Dividend | $0.54 | -50.09% |
2024-06-28 | Dividend | $1.08 | +0.28% |
2024-03-27 | Dividend | $1.08 | +3.06% |
2023-12-28 | Dividend | $1.05 | +97.55% |
2023-09-28 | Dividend | $0.53 | -- |
2023-06-29 | Dividend | $0.53 | -- |
2023-03-30 | Dividend | $0.53 | +10.42% |
2022-12-29 | Dividend | $0.48 | -51.07% |
2022-09-29 | Dividend | $0.98 | +104.38% |
2022-06-29 | Dividend | $0.48 | -- |
2022-03-30 | Dividend | $0.48 | +4.35% |
2021-12-30 | Dividend | $0.46 | -- |
2021-09-29 | Dividend | $0.46 | +26.03% |
2021-09-28 | Dividend | $0.37 | -18.89% |
2020-12-30 | Dividend | $0.45 | -- |
2020-09-29 | Dividend | $0.45 | -- |
2020-06-29 | Dividend | $0.45 | -- |
2020-03-30 | Dividend | $0.45 | -- |
2019-12-30 | Dividend | $0.45 | -- |
2019-09-27 | Dividend | $0.45 | +4.65% |
2019-06-27 | Dividend | $0.43 | -- |
2019-03-28 | Dividend | $0.43 | -- |
2018-12-28 | Dividend | $0.43 | +7.50% |
2018-09-27 | Dividend | $0.40 | -- |
2018-06-28 | Dividend | $0.40 | -- |
2018-03-28 | Dividend | $0.40 | +60.00% |
2017-12-28 | Dividend | $0.25 | -- |
NTR Dividends vs. Peers
NTR's dividend yield currently ranks #27 of 54 vs. its peers in the Agriculture category.