AZO Dividend History - AutoZone

Currently (December 2024) AutoZone Inc does not pay a dividend.

As of December 2024, AutoZone (AZO) does not pay a dividend.
Top Dividend Payers in Automotive Retail
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
AZO 56,692m - -
DIE 8,979m 25.6% 291%
PAG 10,901m 2.64% 8.99%
MEKO 686m 2.78% 4.34%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
AZO 56,692m - -
MUSA 11,084m 57.8% 61.6%
DIE 8,979m 24.6% 97.5%
PAG 10,901m 12.0% 71.2%

AZO Dividend History

No dividends paid yet.

AZO Dividend History - FAQ

What is the Dividend Yield of AZO?

As of December 2024 AZO`s Dividend Yield is 0.00%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of by the current stock price of 3241.62.

What is the long-term Dividend Growth Rate of AZO?

In the last 5 Years the Average Dividend Growth Rate was % per year. This shows that the dividend payments have been stable over time. It is a neutral sign, as it indicates that the dividend payments have been stable over time.

How often does AZO pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) AZO paid 0 times a dividend.

What is the Yield on Cost of AZO?

The 5 Year Yield-On-Cost is %. That's the effective dividend income you'd receive today if you purchased AutoZone five years ago. It is calculated by the Rate of the last 12 Months () divided by the price 5 years ago (1183.25).

What is the Payout Consistency of AZO?

AZO has a Payout Consistency of 0.0%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of AZO?

The Overall Dividend Rating of 0.00 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does AZO have a good Dividend Yield?

AZO`s 0.00% Dividend Yield is considered as: unknown.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for AZO?

The next Dividend Date for AZO is unknown.

What is the Dividend Payout Ratio of AZO?

The Dividend Payout Ratio of AZO is unknown. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: AZO Outstanding Shares

What is the Trend of AZO`s Outstanding Shares?

The Outstanding Shares of AutoZone are shrinking at a rate of -5.96% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -100.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did AutoZone ever had a Stock Split?

Yes, last Stock Split was on 1994-04-21 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares (Mill.) Growth Rate
1989 120000000
1990 123333300 +2.78%
1991 140000000 +13.51%
1992 142500000 +1.79%
1993 146666700 +2.92%
1994 145263200 -0.96%
1995 151304300 +4.16%
1996 152000000 +0.46%
1997 153225800 +0.81%
1998 150882400 -1.53%
1999 140000000 -7.21%
2000 117050000 -16.39%
2001 110605000 -5.51%
2002 101206000 -8.5%
2003 90422000 -10.66%
2004 80748000 -10.7%
2005 77152000 -4.45%
2006 71813000 -6.92%
2007 65444000 -8.87%
2008 58915000 -9.98%
2009 50824000 -13.73%
2010 45634000 -10.21%
2011 40864000 -10.45%
2012 37586000 -8.02%
2013 34676000 -7.74%
2014 32761000 -5.52%
2015 31138000 -4.95%
2016 29703000 -4.61%
2017 28096000 -5.41%
2018 26097000 -7.11%
2019 24493000 -6.15%
2020 23778000 -2.92%
2021 21609000 -9.12%
2022 19645000 -9.09%
2023 18234000 -7.18%
2024 17491000 -4.07%