Dividend One Year Growth Function for Excel

The DividendOneYearGrowth function in MarketXLS helps you quickly determine the one-year annual growth rate of a stock’s dividend (dividend-per-share). By simply entering a valid US-traded stock symbol, you can instantly analyze if its dividend has been growing, shrinking, or remaining steady over the past year. This offers powerful insights for dividend investors tracking consistency, stability, or growth in payouts.

Why Use This Function?

• Track Dividend Increases: Quickly see if a company’s dividend has grown in the past year.
• Compare Dividend Growth: Compare growth metrics across multiple stocks or indices.
• Validate Dividend Consistency: Evaluate whether a company consistently increases its dividend annually.
• Identify Potential Income Stocks: Discover stocks with growing dividends over time for potential investment opportunities.
• Integrate Seamlessly: Works directly in Excel, saving time vs. manual or external data gathering.

How to Use in Excel

=DividendOneYearGrowth("AAPL")

1. Type the function name, “DividendOneYearGrowth,” into your Excel cell.
2. Provide the ticker symbol of the security as a string or cell reference (e.g., "MSFT" in quotes or a cell containing the symbol).
3. Press Enter to retrieve the result. MarketXLS will fetch the 1-year dividend growth rate automatically.

Parameters Explained

• No other parameters are required. The function specifically focuses on the one-year dividend growth.

Example Usage

Basic Examples

1. =DividendOneYearGrowth("T")

   • Returns one-year dividend growth for AT&T.
   • If AT&T’s dividend has increased, expect a positive decimal or fraction representing that growth rate.

2. =DividendOneYearGrowth("KO")

   • Returns Coca-Cola’s 1-year dividend growth.
   • Useful for income-focused investors comparing year-over-year dividend growth performance.

3. =DividendOneYearGrowth(A2)

   • If cell A2 contains "CVX," the function dynamically returns the 1-year growth rate for Chevron’s dividend.

Advanced Scenarios

• Compare Growth Rates for Multiple Tickers

• Create a table of ticker symbols in column A. In column B, use the DividendOneYearGrowth formula for each symbol to see and compare dividend growth side by side.

• Trend Analysis

• Combine DividendOneYearGrowth with your own Excel logic or charts to monitor changes in the growth rate over time or across different industries.

• Portfolio Monitoring

• Build a dividend-growth-focused portfolio watchlist. Use multiple MarketXLS functions alongside DividendOneYearGrowth to get a full picture of investment metrics.

Common Questions and Troubleshooting

1. Why am I getting “NA”?

   • Possible reasons include:
     • Invalid or unlisted symbol.
     • The symbol does not pay dividends.
     • Not enough historical data to calculate one-year growth.
     • License or data refresh issues.

2. How is the growth calculated?

   • The function fetches the dividend-per-share data for the past year and calculates the growth rate vs. the previous year’s equivalent data. Negative values may occur if dividends were cut.

3. Does this work for non-US symbols or ETFs?

   • The function is intended primarily for US-based equities. For certain ETFs or international listings, data may be unavailable or incomplete, returning “NA”.

4. What if I want growth over a different time period?

   • This function is specifically for a 1-year growth window. Check other MarketXLS functions for different growth calculations (e.g., 3-year, 5-year, etc.).

Remember:
• Always ensure that your symbol is valid and that the stock actually pays dividends.
• Double-check any negative or zero result to verify whether the company reduced or suspended its dividend.
• For best results, use a reliable internet connection to keep MarketXLS data updates flowing seamlessly.