Latitude Group Holdings Dividend
What is Latitude Group Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Latitude Group Holdings Dividend Yield vs Market|
|Market Bottom 25% (AU)||2.5%|
|Market Top 25% (AU)||6.7%|
|Industry Average (Consumer Finance)||7.1%|
|Analyst forecast in 3 Years (LFS)||9.9%|
Notable Dividend: LFS's dividend (11.42%) is higher than the bottom 25% of dividend payers in the Australian market (2.55%).
High Dividend: LFS's dividend (11.42%) is in the top 25% of dividend payers in the Australian market (6.71%)
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: Too early to tell whether LFS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if LFS's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (126.2%), LFS's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.3%), LFS's dividend payments are covered by cash flows.