Formula
Dividend CAGR (5Y) = (Dividend per Shareₜ / Dividend per Shareₜ₋₅)^(1/5) - 1
How to Interpret
Dividend CAGR (5Y) captures medium‑term dividend growth over the last five years. It balances short‑term noise and very long‑term history, giving a good sense of the company’s dividend policy consistency. Investors often screen for stocks with high and stable 5‑year dividend CAGRs.