Lassonde Industries Dividends and Buybacks
Dividend criteria checks 4/6
Lassonde Industries is a dividend paying company with a current yield of 2.31% that is well covered by earnings.
Key information
2.3%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 8.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$4.000 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
Here's Why Lassonde Industries (TSE:LAS.A) Has Caught The Eye Of Investors
Nov 10
Lassonde Industries (TSE:LAS.A) Has A Pretty Healthy Balance Sheet
Jul 17There's No Escaping Lassonde Industries Inc.'s (TSE:LAS.A) Muted Earnings
May 12We Think Lassonde Industries (TSE:LAS.A) Can Stay On Top Of Its Debt
Feb 02We Think Lassonde Industries (TSE:LAS.A) Can Stay On Top Of Its Debt
Oct 31Capital Allocation Trends At Lassonde Industries (TSE:LAS.A) Aren't Ideal
Aug 14Lassonde Industries (TSE:LAS.A) Has Announced That Its Dividend Will Be Reduced To CA$0.70
May 19Is Lassonde Industries Inc. (TSE:LAS.A) A Smart Choice For Dividend Investors?
May 03Does Lassonde Industries (TSE:LAS.A) Have A Healthy Balance Sheet?
Apr 14What Type Of Shareholders Make Up Lassonde Industries Inc.'s (TSE:LAS.A) Share Registry?
Mar 21With EPS Growth And More, Lassonde Industries (TSE:LAS.A) Is Interesting
Mar 05Be Sure To Check Out Lassonde Industries Inc. (TSE:LAS.A) Before It Goes Ex-Dividend
Feb 18
Would Shareholders Who Purchased Lassonde Industries' (TSE:LAS.A) Stock Three Years Be Happy With The Share price Today?
Feb 15Lassonde Industries Inc.'s (TSE:LAS.A) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 01Lassonde Industries's (TSE:LAS.A) Earnings Are Growing But Is There More To The Story?
Jan 18Here's Why Lassonde Industries (TSE:LAS.A) Can Manage Its Debt Responsibly
Jan 04Is Lassonde Industries Inc. (TSE:LAS.A) An Attractive Dividend Stock?
Dec 21What Kind Of Shareholders Hold The Majority In Lassonde Industries Inc.'s (TSE:LAS.A) Shares?
Dec 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LAS.A's dividend payments have been volatile in the past 10 years.
Growing Dividend: LAS.A's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Lassonde Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LAS.A) | 2.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.3% |
| Industry Average (Food) | 3.5% |
| Analyst forecast (LAS.A) (up to 3 years) | 3.5% |
Notable Dividend: LAS.A's dividend (2.31%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: LAS.A's dividend (2.31%) is low compared to the top 25% of dividend payers in the Canadian market (6.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.1%), LAS.A's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.5%), LAS.A's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 07:00 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lassonde Industries Inc. is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Luke Hannan | Canaccord Genuity |
| null null | Desjardins Securities Inc. |
| Frederic Tremblay | Desjardins Securities Inc. |