By the end of today, December 05, 2023, Dolby Laboratories DLB is set to deliver a dividend payout of $0.30 per share, equating to an annualized dividend yield of 1.35%. Shareholders who owned the stock prior to the ex-dividend date on November 27, 2023 will receive this payout.
Dolby Laboratories Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-27 | 4 | $0.3 | 1.35% | 2023-11-16 | 2023-11-28 | 2023-12-05 |
| 2023-08-11 | 4 | $0.27 | 1.23% | 2023-08-03 | 2023-08-14 | 2023-08-22 |
| 2023-05-15 | 4 | $0.27 | 1.3% | 2023-05-04 | 2023-05-16 | 2023-05-23 |
| 2023-02-13 | 4 | $0.27 | 1.34% | 2023-02-02 | 2023-02-14 | 2023-02-22 |
| 2022-11-29 | 4 | $0.27 | 1.54% | 2022-11-17 | 2022-11-30 | 2022-12-08 |
| 2022-08-22 | 4 | $0.25 | 1.28% | 2022-08-09 | 2022-08-23 | 2022-08-31 |
| 2022-05-16 | 4 | $0.25 | 1.27% | 2022-05-05 | 2022-05-17 | 2022-05-25 |
| 2022-02-15 | 4 | $0.25 | 1.14% | 2022-02-03 | 2022-02-16 | 2022-02-23 |
| 2021-11-29 | 4 | $0.25 | 1.13% | 2021-11-16 | 2021-11-30 | 2021-12-08 |
| 2021-08-10 | 4 | $0.22 | 0.92% | 2021-07-29 | 2021-08-11 | 2021-08-19 |
| 2021-05-14 | 4 | $0.22 | 0.85% | 2021-05-04 | 2021-05-17 | 2021-05-25 |
| 2021-02-08 | 4 | $0.22 | 1.02% | 2021-01-28 | 2021-02-09 | 2021-02-19 |
Dolby Laboratories's dividend yield falls in the middle range when compared to its industry peers, with Gen Digital GEN having the highest annualized dividend yield at 2.22%.
Analyzing Dolby Laboratories Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.79 in 2019 to $1.02 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Dolby Laboratories
The earnings chart displays a decline in Dolby Laboratories's earnings per share, decreasing from $3.20 in 2019 to $3.15 in 2022. This downward trend in earnings raises concerns for income-seeking investors, as it suggests a potential impact on future cash dividend payouts. It is important to closely evaluate the factors contributing to this decrease to assess the company's financial health and dividend sustainability.
Recap
In this article, we delve into Dolby Laboratories's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.30 per share today, resulting in an annualized dividend yield of 1.35%.
Dolby Laboratories's dividend yield falls in the middle range when compared to its industry peers, with Gen Digital having the highest annualized dividend yield at 2.22%.
Given that Dolby Laboratories has experienced an increase in dividend per share from 2019 to 2022 along with a decrease in earnings per share, it could indicate that the company is prioritizing dividend distribution to shareholders despite challenges in earnings growth.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
[Track real-time stock fluctuations for Dolby Laboratories on Benzinga.](https://www.benzinga.com/quote/Dolby Laboratories (NYSE: DLB))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
