London City Equities Dividends and Buybacks
Dividend criteria checks 3/6
London City Equities is a dividend paying company with a current yield of 2.92%.
Key information
2.9%
Dividend yield
-1.5%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 117% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LCE's dividends per share have been stable in the past 10 years.
Growing Dividend: LCE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| London City Equities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LCE) | 2.9% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Diversified Financial) | 3.6% |
| Analyst forecast (LCE) (up to 3 years) | n/a |
Notable Dividend: LCE's dividend (2.92%) is higher than the bottom 25% of dividend payers in the Australian market (2.82%).
High Dividend: LCE's dividend (2.92%) is low compared to the top 25% of dividend payers in the Australian market (6.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (117.4%), LCE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (90.2%), LCE's dividend payments are not well covered by cash flows.