Linamar Dividends and Buybacks
Dividend criteria checks 3/6
Linamar is a dividend paying company with a current yield of 1.66% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
1.7%
Dividend yield
-0.06%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | 8.4% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | CA$1.000 |
| Payout ratio | 3% |
Recent dividend and buyback updates
Recent updates
Returns On Capital At Linamar (TSE:LNR) Have Stalled
Nov 09
Linamar Corporation's (TSE:LNR) Low P/E No Reason For Excitement
Oct 02Return Trends At Linamar (TSE:LNR) Aren't Appealing
Aug 02Is It Too Late To Consider Buying Linamar Corporation (TSE:LNR)?
Jul 18An Intrinsic Calculation For Linamar Corporation (TSE:LNR) Suggests It's 40% Undervalued
Jul 04Benign Growth For Linamar Corporation (TSE:LNR) Underpins Its Share Price
Jun 19Is Linamar (TSE:LNR) A Risky Investment?
Jun 06Do Linamar's (TSE:LNR) Earnings Warrant Your Attention?
Apr 04Here's What To Make Of Linamar's (TSE:LNR) Decelerating Rates Of Return
Mar 22Should You Think About Buying Linamar Corporation (TSE:LNR) Now?
Mar 02Linamar (TSE:LNR) Has A Pretty Healthy Balance Sheet
Feb 07Investors Aren't Entirely Convinced By Linamar Corporation's (TSE:LNR) Earnings
Jan 17Does Linamar (TSE:LNR) Deserve A Spot On Your Watchlist?
Dec 19Linamar Corporation's (TSE:LNR) Intrinsic Value Is Potentially 89% Above Its Share Price
Oct 11What Is Linamar Corporation's (TSE:LNR) Share Price Doing?
Sep 26Does Linamar (TSE:LNR) Deserve A Spot On Your Watchlist?
Sep 12Some Investors May Be Worried About Linamar's (TSE:LNR) Returns On Capital
Aug 30Linamar (TSE:LNR) Has A Rock Solid Balance Sheet
Aug 13Is Now The Time To Look At Buying Linamar Corporation (TSE:LNR)?
Jun 08If EPS Growth Is Important To You, Linamar (TSE:LNR) Presents An Opportunity
May 26Calculating The Fair Value Of Linamar Corporation (TSE:LNR)
May 12Linamar's (TSE:LNR) Returns On Capital Not Reflecting Well On The Business
Apr 29Is There Now An Opportunity In Linamar Corporation (TSE:LNR)?
Mar 03A Look At The Intrinsic Value Of Linamar Corporation (TSE:LNR)
Feb 03Is Linamar (TSE:LNR) Using Too Much Debt?
Jan 06Linamar (TSE:LNR) Has Announced A Dividend Of CA$0.20
Nov 13Why Linamar Corporation (TSE:LNR) Could Be Worth Watching
Oct 25Linamar (TSE:LNR) Has A Pretty Healthy Balance Sheet
Sep 19Is Now An Opportune Moment To Examine Linamar Corporation (TSE:LNR)?
Jul 20These 4 Measures Indicate That Linamar (TSE:LNR) Is Using Debt Reasonably Well
May 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LNR's dividend payments have been volatile in the past 10 years.
Growing Dividend: LNR's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Linamar Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LNR) | 1.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Auto Components) | 2.8% |
| Analyst forecast (LNR) (up to 3 years) | 1.8% |
Notable Dividend: LNR's dividend (1.66%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: LNR's dividend (1.66%) is low compared to the top 25% of dividend payers in the Canadian market (6.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (2.6%), LNR's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18%), LNR's dividend payments are well covered by cash flows.