ITC Holdings (ITC) dividend stock





  • Yield

     0.00%
  • Dividend

     0
  • 5 year dividend growth rate
     10.4%
  • Dividend increased

     11 yrs.
  • Payout ratio

     48%
  • Dividend pay date

     9/15/2016
  • Ex-dividend date

     8/30/2016
  • Uninterrupted
    dividends
     N/A yrs.
  • Yield compared to 5 year average
     -100.0%
  • Dividend payback
    period
     21 yrs.
  • Chowder rule

     10.4
  • Tweed factor

     10.4
Rating
Overall rating
The overall rating measures the general health and sustainabilty of the company's dividend. It is an average of the five ratings below.





Dividend increased years
This rating looks at the number of years the company has increased their dividend consecutively. 1 star is given for 7 years or below and 5 stars are given for 23 years or more.





Dividend yield
This rating evaluates the size of the yield. 1 star is given for a yield below 0.75% and 5 stars for yields above 6.75%.





Payout ratio
The payout ratio shows how much of the earnings are being paid out as dividends. We award 0 stars for payout ratios above 100% and 5 stars for ratios below 10%.





Dividend growth rate
This rating takes into account the growth of the dividend. Companies that have a dividend growth rate below 1.5% get 1 star while 5 stars are given for rates above 13.5%.





Yield compared to 5 year average
If the current yield is below the 5 year average, it tends to indicate that the stock is cheap. A rating of 0 is given if the current yield is below 0 percent compared to the average and a rating of 5 is given if it's more than 22.5% above.
Relative valuations
Yield compared to 5 year average   
-100.0%
Payout ratio compared to 5 year average   
11.8%
P/E compared to 5 year average   
-100.0%
Price per book value compared to 5 year average   
-100.0%
Price change from 52 week high   
-4.1%
Price change from 50 days average   
0.0%
Price change from 200 days average   
-0.2%
Price info
Change
0.48 (1.04%)


Last price
45.50 USD


Day range
45.35 - 46.44


Year range
42.26 - 47.46

Financial health
Current ratio
0.24


Debt/equity ratio
260.95


Cash
13.86M


Debt
4.46B


Valuation
Price/earning (P/E)
0


Price/book (P/B)


Forward price/earning (P/E)
0.00


Price/sales (P/S)


PEG
0.00


Market cap

Recession performance (2007 - 2009)
0.3770,0.3970,0.4170
  • 2007
  • 2008
  • 2009
Dvidend growth (annualized)   
5.2%
0.5600,0.7300,0.8600
  • 2007
  • 2008
  • 2009
Earnings per share growth (annualized)   
23.9%
10 year history
0.3770,0.3970,0.4170,0.4370,0.4580,0.4870,0.5350,0.6100,0.7000,0.7500
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Dividend growth (annualized)   
7.9%
0.5600,0.7300,0.8600,0.9500,1.1000,1.2000,1.4700,1.5400,1.5600,1.5600
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Earnings per share growth (annualized)   
12.1%
4.3700,6.2400,6.7300,7.3400,7.8300,9.0300,9.8300,10.4200,11.0100,11.1900
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Book value per share growth (annualized)   
11.0%
67.1000,54.2000,47.8000,45.3000,41.7000,40.1000,39.7000,33.8000,41.7000,44.7000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Payout ratio growth (annualized)   
-4.4%
131.0000,149.0000,150.0000,151.0000,153.0000,155.0000,157.0000,157.0000,155.0000,155.0000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Shares outstanding growth (annualized)   
1.9%
Other companies in the electric utilities industry
Company
Div. increase  
Yield
Div. growth
USA   Black Hills 47 yrs2.56%2.8%
USA   Consolidated Edison 43 yrs3.37%2.2%
Canada   Fortis 43 yrs3.59%5.3%
USA   NextEra Energy 23 yrs2.72%9.6%
USA   SCANA 17 yrs3.76%3.6%
USA   Southern Company 17 yrs4.92%3.0%
USA   PPL 16 yrs4.15%3.1%
USA   Alliant Energy 14 yrs3.11%6.7%
Company profile
Empoloyees
587


Sector


Website


Founded
2001


Industry


SEC filings




ITC Holdings Corp., together with its subsidiaries, engages in the transmission of electricity in the United States. The company functions as conduit, allowing for power from generators to be transmitted to local distribution systems through its own systems or in conjunction with neighboring transmi...
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Address:
27175 Energy Way, Novi, MI, 48377

Phone:
+1 248 946-3000
The dividend of ITC is 0 for the last 12 months, and their yield is 0.00%. The dividend has been raised for 11 years in a row (since 2006). An earnings per share of 1.55 and a dividend of 0 gives ITC Holdings a payout ratio of 48%. The dividend payback period is 21 years, assuming the dividend growth stays the same. The 5 year dividend compund annual growth (CAGR) rate is 10.4%. 8/30/2016 is the ex-dividend date for ITC Holdings, while 9/15/2016 is the dividend pay date. This US company was founded in 2001 and has 587 employees. They are in the utilities sector and the electric utilities industry. 1.7 out of 5 stars is our rating for it's dividend.






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