Dividend Growth of Raven Industries, Inc.(RAVN)

Raven Industries(RAVN) is having a Dividend Yield of 2.07% with the Annual cash Dividend per share of $0.52. The last quarter cash dividend per share pay out was $0.13. Raven Industries has a 5 year average dividend yield of 1.99% and the stock has a Indicated annual dividend of $0.52. Raven Industries(RAVN) formally announced its most recent dividend on December 15, 2016 with a Dividend per share of $0.13. The new indicated annual dividend based on announced dividend per share is $0.52. The dividend yield based on the forward looking indicated annual dividend is 2.07%. The 5 year historical dividend growth of Raven Industries(RAVN) is at the rate of 6.48% while the R-Squared dividend growth is 0.78. 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.

Raven Industries, Inc. (NASDAQ:RAVN) rose 8.57% or 2.15 points on Thursday and made its way into the gainers of the day. After trading began at $26 the stock was seen hitting $28.15 as a peak level and $25.575 as the lowest level. The stock ended up at $27.25. The daily volume was measured at 535,588 shares. The 52-week high of the share price is $28.15 and the 52-week low is $12.88. The company has a market cap of $983 million. Shares of Raven Industries, Inc. rose by 10.55% in the last five trading days and 12.37% for the last 4 weeks. Raven Industries, Inc. is up 12.02% in the last 3-month period. Year-to-Date the stock performance stands at 8.69%.

Currently the company Insiders own 1.8% of Raven Industries, Inc. shares according to the proxy statements. Institutional Investors own 76.44% of Raven Industries, Inc. shares. Company has reported several Insider transactions to the SEC, on Mar 15, 2016, Jason M Andringa (director) purchased 1,500 shares at 13.31 per share price.On Mar 14, 2016, Marc E Lebaron (director) purchased 14,662 shares at 13.75 per share price.On Dec 31, 2015, Brian E Meyer (Division Vice President & GM) purchased 1,000 shares at 15.75 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Raven Industries was Initiated by Piper Jaffray to Neutral on Dec 15, 2016.

Raven Industries operates three business segments: Plastics, Electronics and Sewn Products. It manufactures products such as ultrathin and reinforced plastic films, large-volume plastic and fiberglass tanks, and superior performance outerwear. The company also makes industrial controls, computerized flow control hardware and software, and ultrasonic soil-depth control devices as well as high altitude research balloons for NASA, the historic core product of the company which has led to a variety of other products based on this foundation technology.


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