What do ‘dgr 3yr’ and ‘dgr 5yr’ mean

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anonymous
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SA Admin Daniel Hochman
  • Under review

Hi,


They mean:

3 year dividend growth rate

5 year dividend growth rate

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0
bill9441

when I try to calculate the 3 and 5 DGR, using a dividend growth calculator, it never agrees with Alpha’s calculation. How does Alpha calculate 3and 5 DGR. Thanks 

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SA Admin Daniel Hochman

We use CAGR (compound annual growth rate). https://www.investopedia.com/terms/c/cagr.asp

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bill9441

thanks

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FHuggy

the DGR for Pembina Pipeline ( PBA) is incorrect.

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SA Admin Daniel Hochman
Quote from FHuggy

the DGR for Pembina Pipeline ( PBA) is incorrect.

Hi,

Can you please provide more details? It looks correct from what I see.

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FHuggy

Pembina Pipeline- the dividend grew each year from $1.79 in 2015 to $2.24 in 2018. The 3year growth exceeds your reported 4.1 % I believe.

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SA Admin Daniel Hochman

How do you get $1.79 in 2015? Looks like $1.5283

Thanks,

Daniel Hochman

Director of Product, Seeking Alpha

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SA Admin Daniel Hochman

OK, I see the issue. I was looking at USD, you were using CAD. We do indeed seem to have some duplicate payments which are likely throwing off the growth rates. We will send those to our data provider ASAP.

Thanks,

Daniel Hochman

Director of Product, Seeking Alpha